Retirement plan

ASSEMBLY SOFTWARE LLC 401(K) PROFIT SHARING PLAN AND TRUST

Name: ASSEMBLY SOFTWARE LLC - ASSEMBLY SOFTWARE LLC 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: ASSEMBLY SOFTWARE LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASSEMBLY SOFTWARE LLC 401(K) PROFIT SHARING PLAN AND TRUST, ASSEMBLY SOFTWARE LLC

ASSEMBLY SOFTWARE LLCEIN 81-4895017Plan #001PY 2024

1550 MADRUGA AVE SUITE 409 - CORAL GABLES, FL 33146786-456-9204assemblysoftware.comLinkedIn51-200 employeescomputer software

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$5.8M

+30.7% from 2023

Total participants

171

+14.8% from 2023

Average account balance

$39,047

+14.8% from 2023

Annual return

22.12%

-2.23 pp from 2023

Benchmarks

See 1,016 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort1,016 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.78M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

148

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.

84.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$884K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+22.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$257

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 2 by compensation

Provider	Service type	Compensation
ONEDIGITAL INVESTMENT ADVISORS LLC1 year Service code 27 · EIN 43-1451524	Advisory (Plan)	$19,005
FIDELITY INVESTMENTS INSTITUTIONAL3 years Service code 37 · EIN 04-2647786	Loan Processing	$18,600

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$38K

$262 / participant

Recordkeeping$19K48.9%
Investment mgmt$19K51.1%

% of EOY assets

0.658%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KAUFMAN ROSSIN AND CO P A
Auditor EIN: 591818353
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,047

$78,976-50.6%

$100,383-61.1%

$74,546-47.6%

Participation rate

84.1%

79.5%+4.7pp

81.5%+2.6pp

67.2%+16.9pp

Annual return

22.12%

20.62%+1.5pp

49.26%-27.1pp

1366.03%-1343.9pp

Employer contribution / active EE

$3,019-100.0%

$3,944-100.0%

$2,624-100.0%

Participant deferral / active EE

$6,094

$7,758-21.4%

$8,086-24.6%

$4,347+40.2%

Admin fee / account holder

$257

$1,330-80.7%

$7,900-96.7%

$1,944-86.8%

Provider

Service type

Compensation

ONEDIGITAL INVESTMENT ADVISORS LLC1 year

Service code 27 · EIN 43-1451524

Advisory (Plan)

$19,005

FIDELITY INVESTMENTS INSTITUTIONAL3 years

Service code 37 · EIN 04-2647786

Loan Processing

$18,600

ASSEMBLY SOFTWARE LLC 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASSEMBLY SOFTWARE LLC 401(K) PROFIT SHARING PLAN AND TRUST

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