Retirement plan

THING5, LLC 401(K) PLAN

Name: THING5, LLC - THING5, LLC 401(K) PLAN (2018) Form 5500
Creator: THING5, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THING5, LLC 401(K) PLAN, THING5, LLC

THING5, LLCEIN 76-0826797Plan #001PY 2018

1000 HALL OF FAME AVE, SUITE 8 - SPRINGFIELD, MA 01105413-241-2519

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$1.7M

+8.9% from 2017

Total participants

148

+19.4% from 2017

Average account balance

$13,293

-12.9% from 2017

Annual return

-7.67%

-24.73 pp from 2017

Benchmarks

See 865 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort865 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.84M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

191

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.

97.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.16M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+13.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$205

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
LINCOLN NATIONAL CORPORATION1 year Service code 13 · EIN 35-1140070	Contract Administrator	$11,771
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI Service code 27 150 N COLLEGE STREET · CHARLOTTE, NC 28255	Advisory (Plan)	$2,550
SHORE TOMPKINS ACTUARIAL RESOURCES1 year Service code 15 · EIN 76-0826797 2 N RIVERSIDE PLAZA · CHICAGO, IL 60606	Recordkeeping	$1,175
STADION MONEY MANAGEMENT1 year Service code 26 · EIN 58-2099805	Advisory (Participants)	$96

Plan features & details

Pension benefit codes2E2J2F2G3D

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.
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.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$16K

$143 / participant

Other / not subdivided$16K100.0%

% of EOY assets

0.902%

all-in expense ratio

Categories reported

0 / 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: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,293

$61,214-78.3%

$83,322-84.0%

$56,287-76.4%

Participation rate

83.5%

72.6%+10.9pp

77.8%+5.7pp

69.9%+13.6pp

Annual return

-7.67%

0.42%-8.1pp

10.64%-18.3pp

-9.96%+2.3pp

Employer contribution / active EE

$1,925-100.0%

$3,379-100.0%

$2,111-100.0%

Participant deferral / active EE

$2,811

$5,091-44.8%

$5,565-49.5%

$3,350-16.1%

Admin fee / account holder

$120

$512-76.6%

$7,540-98.4%

$521-77.0%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION1 year

Service code 13 · EIN 35-1140070

Contract Administrator

$11,771

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI

Service code 27

150 N COLLEGE STREET · CHARLOTTE, NC 28255

Advisory (Plan)

$2,550

SHORE TOMPKINS ACTUARIAL RESOURCES1 year

Service code 15 · EIN 76-0826797

2 N RIVERSIDE PLAZA · CHICAGO, IL 60606

Recordkeeping

$1,175

STADION MONEY MANAGEMENT1 year

Service code 26 · EIN 58-2099805

Advisory (Participants)

$96

THING5, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THING5, LLC 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