Retirement plan

COLLABORATIVE SUPPORT SERVICES 401K PLAN

Name: COLLABORATIVE SUPPORT SERVICES - COLLABORATIVE SUPPORT SERVICES 401K PLAN (2024) 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 2024

720 UNIVERSITY AVENUE, SUITE 110 - LOS GATOS, CA 95032408-358-3316

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$494K

+58.7% from 2023

Total participants

+55.6% from 2023

Average account balance

$54,907

+41.1% from 2023

Annual return

14.75%

-7.51 pp from 2023

Benchmarks

See 19,410 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort19,410 peers

Snapshot2024

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 codes2E2F2G2J3D

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$54,907

$100,073-45.1%

$85,126-35.5%

$145,877-62.4%

Participation rate

61.5%

74.1%-12.6pp

67.5%-6.0pp

80.3%-18.8pp

Annual return

14.75%

84.11%-69.4pp

66.63%-51.9pp

551.28%-536.5pp

Employer contribution / active EE

$2,356

$3,236-27.2%

$2,731-13.7%

$4,663-49.5%

Participant deferral / active EE

$8,171

$5,294+54.3%

$4,523+80.6%

$6,691+22.1%

Admin fee / account holder

$7,261-100.0%

$6,160-100.0%

$13,402-100.0%

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