Retirement plan

SNAGAJOB 401(K) PLAN

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

SAJ SHIFT CORPEIN 81-1028052Plan #001PY 2018

152 WEST 57TH ST 23RD FL - NEW YORK, NY 10019804-822-4612

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$17.5M

-4.4% from 2017

Total participants

573

-12.9% from 2017

Average account balance

$34,102

+2.1% from 2017

Annual return

-4.04%

-28.32 pp from 2017

Benchmarks

See 500 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort500 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.58M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

241

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$939K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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)

$182

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 6 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC3+ years Filed as: T. ROWE PRICE RPS, INC. Service code 15 · EIN 52-1309931	Recordkeeping	$20,700
T ROWE PRICE RPS INC2 years Filed as: T. ROWE PRICE RPS, INC Service code 15	Recordkeeping	$0
TIAA2 years Filed as: TIAA CREF Service code 28	Investment Management	$0
TIAA2 years Filed as: TIAA-CREF Service code 28 · EIN 13-1624203	Investment Management	$0
VICTORY2 years Filed as: VICTORY FUNDS Service code 28 · EIN 13-2700161	Investment Management	$0
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO FUNDS Service code 28 · EIN 41-0449260	Investment Management	$0

Plan features & details

Pension benefit codes2F2G2J2K3D2T2E

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.

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

$21K

$64 / participant

Other / not subdivided$21K100.0%

% of EOY assets

0.119%

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: KEITER, STEPHENS, HURST, GARY
Auditor EIN: 541631262
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,102

$62,543-45.5%

$83,322-59.1%

$55,725-38.8%

Participation rate

81.1%

78.4%+2.7pp

77.8%+3.3pp

70.9%+10.2pp

Annual return

-4.04%

14.85%-18.9pp

10.64%-14.7pp

244.93%-249.0pp

Employer contribution / active EE

$2,979

$2,427+22.7%

$3,379-11.8%

$2,078+43.4%

Participant deferral / active EE

$8,334

$5,682+46.7%

$5,565+49.8%

$3,356+148.4%

Admin fee / account holder

$40

$103-60.8%

$7,540-99.5%

$115-64.9%

Provider

Service type

Compensation

T ROWE PRICE RPS INC3+ years

Filed as: T. ROWE PRICE RPS, INC.

Service code 15 · EIN 52-1309931

Recordkeeping

$20,700

T ROWE PRICE RPS INC2 years

Filed as: T. ROWE PRICE RPS, INC

Service code 15

Recordkeeping

TIAA2 years

Filed as: TIAA CREF

Service code 28

Investment Management

TIAA2 years

Filed as: TIAA-CREF

Service code 28 · EIN 13-1624203

Investment Management

VICTORY2 years

Filed as: VICTORY FUNDS

Service code 28 · EIN 13-2700161

Investment Management

WELLS FARGO BANK, N.A.2 years

Filed as: WELLS FARGO FUNDS

Service code 28 · EIN 41-0449260

Investment Management

SNAGAJOB 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SNAGAJOB 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