Retirement plan

ACER AMERICA CORPORATION 401(K) PLAN

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

ACER AMERICA CORPORATIONEIN 77-0027736Plan #001PY 2018

333 WEST SAN CARLOS STREET, SUITE 1500 - SAN JOSE, CA 95110408-533-7700LinkedIn5001-10000 employeescomputer hardware

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$113.8M

-6.5% from 2017

Total participants

1,337

-1.0% from 2017

Average account balance

$92,697

-5.0% from 2017

Annual return

-5.47%

-25.50 pp from 2017

Benchmarks

See 2,409 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,409 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$190.71M

Not enough data

1 years with asset history on file

Average account balance

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

$178K

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.

1,073

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.

90.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.84M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+17.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24

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 3 by compensation

Provider	Service type	Compensation
SILICON VALLEY ACCOUNTANCY CORP3 years Filed as: SILICON VALLEY ACCOUNTANCY Service code 10 3150 ALMADEN EXPRESSWAY, SUITE 105 · SAN JOSE, CA 95118	Accounting	$14,580
T ROWE PRICE RPS INC4+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$1,570
CHARLES SCHWAB & CO., INC.2 years Service code 33 211 MAIN STREET · SAN FRANCISCO, CA 94105	Shareholder servicing fees; Securitie...	$579

Plan features & details

Pension benefit codes2E2F2G2J2K2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$17K

$38 / participant

Other / not subdivided$17K100.0%

% of EOY assets

0.015%

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: SILICON VALLEY ACCOUNTANCY CORP.
Auditor EIN: 770573994
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$92,697

$65,118+42.4%

$76,768+20.7%

$55,725+66.3%

Participation rate

75.5%

79.6%-4.1pp

77.0%-1.5pp

70.9%+4.7pp

Annual return

-5.47%

-1.27%-4.2pp

2.43%-7.9pp

244.93%-250.4pp

Employer contribution / active EE

$2,395

$1,941+23.4%

$2,485-3.6%

$2,078+15.3%

Participant deferral / active EE

$5,752

$3,688+56.0%

$3,852+49.3%

$3,356+71.4%

Admin fee / account holder

$14

$116-88.0%

$6,675-99.8%

$115-87.9%

Provider

Service type

Compensation

SILICON VALLEY ACCOUNTANCY CORP3 years

Filed as: SILICON VALLEY ACCOUNTANCY

Service code 10

3150 ALMADEN EXPRESSWAY, SUITE 105 · SAN JOSE, CA 95118

Accounting

$14,580

T ROWE PRICE RPS INC4+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$1,570

CHARLES SCHWAB & CO., INC.2 years

Service code 33

211 MAIN STREET · SAN FRANCISCO, CA 94105

Shareholder servicing fees; Securitie...

$579

ACER AMERICA CORPORATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACER AMERICA CORPORATION 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