Retirement plan

TRANSLATION 401(K)

Name: TRANSLATION ENTERPRISES, INC. - TRANSLATION 401(K) (2017) Form 5500
Creator: TRANSLATION ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRANSLATION 401(K), TRANSLATION ENTERPRISES, INC.

TRANSLATION ENTERPRISES, INC.EIN 81-1351103Plan #001PY 2017

145 WEST 45TH STREET, 12TH FL. - NEW YORK, NY 10036212-299-5519

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3.9M

+49.9% from 2016

Total participants

253

+18.8% from 2016

Average account balance

$29,555

+31.7% from 2016

Annual return

35.57%

+24.35 pp from 2016

Benchmarks

See 5,160 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,160 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.47M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

447

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.

73.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.05M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+18.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

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
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MML INVESTOR SERVICES LLC Service code 55 · EIN 04-1590850	Other Commissions	$4,588
MSI FINANCIAL SERVICES INC.1 year Filed as: MSI FINANCIAL SERVICES INC Service code 55 · EIN 13-3175978	Other Commissions	$1,589
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 37 · EIN 04-2647786	Loan Processing	$718

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$718

$3 / participant

Other / not subdivided$718100.0%

% of EOY assets

0.018%

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: SPIELMAN, KOENIGBERG & PARKER LLP
Auditor EIN: 133367751
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,555

$80,753-63.4%

$136,297-78.3%

$62,293-52.6%

Participation rate

43.7%

73.5%-29.8pp

81.9%-38.2pp

69.5%-25.8pp

Annual return

35.57%

35.83%-0.3pp

5156.16%-5120.6pp

28.90%+6.7pp

Employer contribution / active EE

$1,445

$2,884-49.9%

$4,696-69.2%

$2,042-29.3%

Participant deferral / active EE

$3,551

$5,164-31.2%

$6,247-43.2%

$3,169+12.1%

Admin fee / account holder

$525-99.0%

$9,244-99.9%

$479-98.9%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MML INVESTOR SERVICES LLC

Service code 55 · EIN 04-1590850

Other Commissions

$4,588

MSI FINANCIAL SERVICES INC.1 year

Filed as: MSI FINANCIAL SERVICES INC

Service code 55 · EIN 13-3175978

Other Commissions

$1,589

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 37 · EIN 04-2647786

Loan Processing

$718

TRANSLATION 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRANSLATION 401(K)

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