Retirement plan

ACC 401(K) PLAN

Name: ACCELERATION, LLC DBA ACCELERATION COMMUNITY OF COMPANIES - ACC 401(K) PLAN (2024) Form 5500
Creator: ACCELERATION, LLC DBA ACCELERATION COMMUNITY OF COMPANIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACC 401(K) PLAN, ACCELERATION, LLC DBA ACCELERATION COMMUNITY OF COMPANIES

ACCELERATION, LLC DBA ACCELERATION COMMUNITY OF COMPANIESEIN 82-3270559Plan #001PY 2024

1875 CENTURY PARK EAST, SUITE 1200 - LOS ANGELES, CA 90067424-235-4102

Prospect flagsLow participationLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$7.5M

+39.3% from 2023

Total participants

372

+6.9% from 2023

Average account balance

$37,888

+24.5% from 2023

Annual return

16.61%

-20.94 pp from 2023

Benchmarks

See 3,310 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,310 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$7.50M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

198

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.

41.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.70M

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

+16.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$118

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

See the 6-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 4 by compensation

Provider	Service type	Compensation
AURORA PRIVATE WEALTH INC1 year Service code 26 100 ENTERPRISE DRIVE, STE 504 · ROCKAWAY, NJ 07866	Advisory (Participants)	$8,596
SECURITIES AMERICA INC5 years Filed as: SECURITIES AMERICA, INC. Service code 26 · EIN 11-2551174 12325 PORT GRACE BLVD. · LA VISTA, NE 68128	Advisory (Participants)	$7,152
ACTUARIAL BENEFITS CORP3 years Filed as: ACTUARIAL BENEFIT CORP. Service code 16 · EIN 20-1054428	Consulting	$7,053
THE VANGUARD GROUP, INC.5 years Service code 64 · EIN 23-1945930	Recordkeeping Fees	$1,685

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$23K

$78 / participant

Contract admin$23K100.0%

% of EOY assets

0.312%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: BAS PARTNERS
Auditor EIN: 208779390
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,888

$106,110-64.3%

$147,005-74.2%

$77,671-51.2%

Participation rate

41.8%

78.4%-36.6pp

82.2%-40.4pp

70.6%-28.8pp

Annual return

16.61%

56.77%-40.2pp

418.76%-402.2pp

31.21%-14.6pp

Employer contribution / active EE

$1,559

$4,065-61.7%

$4,934-68.4%

$2,726-42.8%

Participant deferral / active EE

$4,121

$7,992-48.4%

$8,070-48.9%

$4,648-11.3%

Admin fee / account holder

$118

$338-65.0%

$13,006-99.1%

$430-72.6%

Provider

Service type

Compensation

AURORA PRIVATE WEALTH INC1 year

Service code 26

100 ENTERPRISE DRIVE, STE 504 · ROCKAWAY, NJ 07866

Advisory (Participants)

$8,596

SECURITIES AMERICA INC5 years

Filed as: SECURITIES AMERICA, INC.

Service code 26 · EIN 11-2551174

12325 PORT GRACE BLVD. · LA VISTA, NE 68128

Advisory (Participants)

$7,152

ACTUARIAL BENEFITS CORP3 years

Filed as: ACTUARIAL BENEFIT CORP.

Service code 16 · EIN 20-1054428

Consulting

$7,053

THE VANGUARD GROUP, INC.5 years

Service code 64 · EIN 23-1945930

Recordkeeping Fees

$1,685

ACC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACC 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