Retirement plan

ALOHA WMS RETIREMENT SAVINGS PLAN

Name: ALOHA WORKFORCE MANAGEMENT SOLUTIONS - ALOHA WMS RETIREMENT SAVINGS PLAN (2024) Form 5500
Creator: ALOHA WORKFORCE MANAGEMENT SOLUTIONS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALOHA WMS RETIREMENT SAVINGS PLAN, ALOHA WORKFORCE MANAGEMENT SOLUTIONS

ALOHA WORKFORCE MANAGEMENT SOLUTIONSEIN 82-4839041Plan #001PY 2024

3753 HOWARD HUGHES PKWY, STE 200 - LAS VEGAS, NV 89169866-522-5642alohawms.comLinkedIn1001-5000 employeeshuman resources

Prospect flagsLow returnsHigh cashLow participationCorrective distributions

How to read this page

Total assets (EOY)

$11.9M

+18.2% from 2023

Total participants

588

-4.4% from 2023

Average account balance

$37,581

-9.8% from 2023

Annual return

10.73%

-3.26 pp from 2023

Benchmarks

See 837 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort837 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.91M

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.

317

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.

49.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.04M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+10.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$256

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
RBF CAPITAL MANAGEMENT, INC.3 years Service code 26 · EIN 45-5277485	Advisory (Participants)	$31,485
AMERITAS LIFE INSURANCE CORP2 years Service code 12 · EIN 47-0098400	Recordkeeping and information managem...	$19,319
SKIBBIE CPA, INC.2 years Filed as: SKIBBIE, CPA INC. Service code 10 · EIN 27-0851321	Accounting	$17,993
ALOHA WORKFORCE MANAGEMENT SOLUTION2 years Service code 12 · EIN 82-4839041	Direct payment from the plan; Other f...	$8,789
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 82-3967259	Securities Custodian	$3,542
CHARLES SCHWAB & CO., INC.2 years Service code 19	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T2V3D3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$81K

$152 / participant

Trustee / custodial$4K4.4%
Investment mgmt$31K38.8%
Contract admin$28K34.6%
Other / not subdivided$18K22.2%

% of EOY assets

0.681%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SKIBBIE CPA, INC.
Auditor EIN: 270851321
Audit fees: $17,993
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,581

$44,980-16.4%

$85,063-55.8%

$77,692-51.6%

Participation rate

49.1%

48.6%+0.4pp

67.5%-18.4pp

70.6%-21.5pp

Annual return

10.73%

79.13%-68.4pp

66.54%-55.8pp

31.25%-20.5pp

Employer contribution / active EE

$491

$1,607-69.5%

$2,727-82.0%

$2,726-82.0%

Participant deferral / active EE

$1,459

$2,804-48.0%

$4,523-67.7%

$4,648-68.6%

Admin fee / account holder

$256

$911-71.9%

$6,155-95.8%

$431-40.6%

Provider

Service type

Compensation

RBF CAPITAL MANAGEMENT, INC.3 years

Service code 26 · EIN 45-5277485

Advisory (Participants)

$31,485

AMERITAS LIFE INSURANCE CORP2 years

Service code 12 · EIN 47-0098400

Recordkeeping and information managem...

$19,319

SKIBBIE CPA, INC.2 years

Filed as: SKIBBIE, CPA INC.

Service code 10 · EIN 27-0851321

Accounting

$17,993

ALOHA WORKFORCE MANAGEMENT SOLUTION2 years

Service code 12 · EIN 82-4839041

Direct payment from the plan; Other f...

$8,789

CHARLES SCHWAB & CO., INC.3 years

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 82-3967259

Securities Custodian

$3,542

CHARLES SCHWAB & CO., INC.2 years

Service code 19

Securities Custodian

ALOHA WMS RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALOHA WMS RETIREMENT SAVINGS 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