Retirement plan

MOBILITIE MANAGEMENT, LLC 401(K) PLAN

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

MOBILITIE MANAGEMENT, LLCEIN 81-0819781Plan #001PY 2018

660 NEWPORT CENTER DRIVE, STE 200 - NEWPORT BEACH, CA 92660949-999-4552

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$21.4M

+22.4% from 2017

Total participants

751

-3.2% from 2017

Average account balance

$32,614

+16.1% from 2017

Annual return

-1.77%

-27.76 pp from 2017

Benchmarks

See 1,457 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,457 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.22M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

237

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$618K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$238

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 5 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290	Contract Administrator	$82,676
SAGEVIEW ADVISORY GROUP, LLC1 year Filed as: SAGEVIEW ADVISORY CONSULTING GROUP Service code 27 · EIN 33-0818667	Advisory (Plan)	$16,000
PENSION ASSURANCE LLP2 years Filed as: PENSION BENEFITS UNLIMITED INC Service code 49 · EIN 33-0499726	Other Services	$12,624
CETERA ADVISOR NETWORKS LLC2 years Service code 49 · EIN 95-3845382	Other Services	$11,281
CETERA ADVISOR NETWORKS LLC2 years Filed as: CETERA ADVISOR NETWORKS INSURANCE S Service code 49 · EIN 33-0232417	Other Services	$2,028

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$83K

$155 / participant

Contract admin$83K100.0%

% of EOY assets

0.387%

all-in expense ratio

Categories reported

1 / 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: WINDES
Auditor EIN: 953001179
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,614

$80,005-59.2%

$140,019-76.7%

$55,725-41.5%

Participation rate

82.2%

87.0%-4.8pp

87.5%-5.3pp

70.9%+11.3pp

Annual return

-1.77%

0.46%-2.2pp

651.15%-652.9pp

244.93%-246.7pp

Employer contribution / active EE

$4,373

$3,403+28.5%

$5,605-22.0%

$2,078+110.4%

Participant deferral / active EE

$7,981

$5,264+51.6%

$6,927+15.2%

$3,356+137.8%

Admin fee / account holder

$126

$116+9.0%

$10,705-98.8%

$115+9.5%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY3+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$82,676

SAGEVIEW ADVISORY GROUP, LLC1 year

Filed as: SAGEVIEW ADVISORY CONSULTING GROUP

Service code 27 · EIN 33-0818667

Advisory (Plan)

$16,000

PENSION ASSURANCE LLP2 years

Filed as: PENSION BENEFITS UNLIMITED INC

Service code 49 · EIN 33-0499726

Other Services

$12,624

CETERA ADVISOR NETWORKS LLC2 years

Service code 49 · EIN 95-3845382

Other Services

$11,281

CETERA ADVISOR NETWORKS LLC2 years

Filed as: CETERA ADVISOR NETWORKS INSURANCE S

Service code 49 · EIN 33-0232417

Other Services

$2,028

MOBILITIE MANAGEMENT, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MOBILITIE MANAGEMENT, 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