Retirement plan

CYPRESS HCM INC 401 K PROFIT SHARING PLAN TRUST

Name: CYPRESS HUMAN CAPITAL MANAGEME - CYPRESS HCM INC 401 K PROFIT SHARING PLAN TRUST (2020) Form 5500
Creator: CYPRESS HUMAN CAPITAL MANAGEME
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CYPRESS HCM INC 401 K PROFIT SHARING PLAN TRUST, CYPRESS HUMAN CAPITAL MANAGEME

CYPRESS HUMAN CAPITAL MANAGEMEEIN 82-0852673Plan #001PY 2020

2121 N CALIFORNIA BLVD SUITE 760 - WALNUT CREEK, CA 945963572415-735-3185cypresshcm.comLinkedIn51-200 employeesstaffing and recruiting

Prospect flagsHigh feesLow participationLow employer contribution

How to read this page

Total assets (EOY)

$2.9M

+46.1% from 2019

Total participants

134

+59.5% from 2019

Average account balance

$44,439

-7.8% from 2019

Annual return

22.08%

-9.66 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.55M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

154

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.

23.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.20M

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

+27.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$178

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2T2E2J2G2F3D3H

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$47K

$362 / participant

Other / not subdivided$47K100.0%

% of EOY assets

1.641%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,439

$99,957-55.5%

$149,730-70.3%

$73,493-39.5%

Participation rate

47.3%

75.7%-28.4pp

82.5%-35.2pp

70.7%-23.4pp

Annual return

22.08%

53.87%-31.8pp

276.70%-254.6pp

28.51%-6.4pp

Employer contribution / active EE

$269

$3,191-91.6%

$4,645-94.2%

$2,270-88.2%

Participant deferral / active EE

$3,717

$6,073-38.8%

$6,843-45.7%

$3,740-0.6%

Admin fee / account holder

$729

$551+32.4%

$9,310-92.2%

$513+42.1%

CYPRESS HCM INC 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CYPRESS HCM INC 401 K PROFIT SHARING PLAN 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