Retirement plan

ASSOCIA, INC. 401(K) PLAN

Name: ASSOCIATIONS, INC - ASSOCIA, INC. 401(K) PLAN (2015) Form 5500
Creator: ASSOCIATIONS, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASSOCIA, INC. 401(K) PLAN, ASSOCIATIONS, INC

ASSOCIATIONS, INCEIN 75-3014941Plan #001PY 2015

5401 N. CENTRAL EXPRESSWAY, SUITE 315 - DALLAS, TX 75205214-953-3009

Prospect flagsLow participationLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$103.4M

No prior year

Total participants

6,182

No prior year

Average account balance

$51,093

No prior year

Annual return

1.86%

No prior year

Benchmarks

See 960 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants5,000-9,999

Cohort960 peers

Snapshot2015

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$129.63M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$47K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

2,733

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

24.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11.22M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.50%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$94

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
IPS RIA, LLC1+ years Service code 16 · EIN 47-1445310	Consulting	$61,478
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Service code 15 · EIN 04-1590850	Recordkeeping	$57,421
BAKER TILLY US, LLP1+ years Filed as: MONTGOMERY COSCIA GREILICH, LLP Service code 10 · EIN 75-2919818	Accounting	$16,575
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Filed as: MASSMUTUAL Service code 50 · EIN 04-1590850	Direct Payment	$13,611

Plan features & details

Pension benefit codes2E2J2F2G2K3D3H2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$55K

$10 / participant

Investment mgmt$14K24.8%
Contract admin$41K74.8%
Other / not subdivided$2500.5%

% of EOY assets

0.053%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MONTGOMERY COSCIA GREILICH LLP
Auditor EIN: 752919818
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,093

$67,505-24.3%

$155,789-67.2%

$67,505-24.3%

Participation rate

27.6%

71.2%-43.6pp

76.1%-48.5pp

71.2%-43.6pp

Annual return

1.86%

6.52%-4.7pp

71.54%-69.7pp

6.52%-4.7pp

Employer contribution / active EE

$166

$2,173-92.4%

$3,839-95.7%

$2,173-92.4%

Participant deferral / active EE

$1,178

$3,597-67.2%

$4,798-75.4%

$3,597-67.2%

Admin fee / account holder

$27

$56-51.7%

$7,477-99.6%

$56-51.7%

Provider

Service type

Compensation

IPS RIA, LLC1+ years

Service code 16 · EIN 47-1445310

Consulting

$61,478

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Service code 15 · EIN 04-1590850

Recordkeeping

$57,421

BAKER TILLY US, LLP1+ years

Filed as: MONTGOMERY COSCIA GREILICH, LLP

Service code 10 · EIN 75-2919818

Accounting

$16,575

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Filed as: MASSMUTUAL

Service code 50 · EIN 04-1590850

Direct Payment

$13,611

ASSOCIA, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASSOCIA, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion