Retirement plan

COLLABORATIVE SUPPORT SERVICES 401K PLAN

Name: COLLABORATIVE SUPPORT SERVICES - COLLABORATIVE SUPPORT SERVICES 401K PLAN (2023) Form 5500
Creator: COLLABORATIVE SUPPORT SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COLLABORATIVE SUPPORT SERVICES 401K PLAN, COLLABORATIVE SUPPORT SERVICES

COLLABORATIVE SUPPORT SERVICESEIN 83-0599239Plan #001PY 2023

720 UNIVERSITY AVENUE SUITE 200 - LOS GATOS, CA 95032408-358-3316

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$311K

+74.4% from 2022

Total participants

+28.6% from 2022

Average account balance

$38,924

+52.6% from 2022

Annual return

22.26%

+41.61 pp from 2022

Benchmarks

See 18,480 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort18,480 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$494K

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

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.

69.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$137K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+14.75%

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

0 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 codes2E2J2F2G3D

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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$38,924

$96,388-59.6%

$80,627-51.7%

$139,466-72.1%

Participation rate

87.5%

73.6%+13.9pp

67.0%+20.5pp

80.3%+7.2pp

Annual return

22.26%

1352.08%-1329.8pp

936.76%-914.5pp

373.66%-351.4pp

Employer contribution / active EE

$2,897

$3,260-11.1%

$2,723+6.4%

$4,754-39.1%

Participant deferral / active EE

$8,739

$5,224+67.3%

$4,443+96.7%

$6,712+30.2%

Admin fee / account holder

$6,603-100.0%

$5,381-100.0%

$11,409-100.0%

COLLABORATIVE SUPPORT SERVICES 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

COLLABORATIVE SUPPORT SERVICES 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion