Retirement plan

FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: FOCUS HOLDINGS USA, INC. - FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2021) Form 5500
Creator: FOCUS HOLDINGS USA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN, FOCUS HOLDINGS USA, INC.

FOCUS HOLDINGS USA, INC.EIN 83-2398748Plan #003PY 2021

8065 LEESBURG PIKE, SUITE 750 - VIENNA, VA 22182202-785-9404

Other plans on this EIN

3 filings

#001Retirement-$9.7M assets #004Retirement-$1.7M assets #002Retirement--

Prospect flagsHigh feesHigh assets / participant

Top hat statement on fileNQDC

Filed October 3, 2022

Plan administrator

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8065 Leesburg Pike Suite 750

Vienna, VA 22182

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Plans declared (1)

Focus Holdings USA, Inc. Supplemental Executive retirement Plan-Chief Executive Officer1 emp

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Total assets (EOY)

$7.5M

+191.5% from 2020

Total participants

+3.6% from 2020

Average account balance

$259,310

+121.1% from 2020

Annual return

189.66%

-2559.59 pp from 2020

Benchmarks

See 7,182 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,182 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.04M

Not enough data

1 years with asset history on file

Average account balance

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

$123K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$432K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+71.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7444

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

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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 codes2E2P2Q3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$18K

$731 / participant

Other / not subdivided$18K100.0%

% of EOY assets

0.243%

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

$259,310

$137,414+88.7%

$189,545+36.8%

$85,851+202.0%

Participation rate

100.0%

84.6%+15.4pp

87.8%+12.2pp

69.3%+30.7pp

Annual return

189.66%

38.14%+151.5pp

555.36%-365.7pp

318.63%-129.0pp

Employer contribution / active EE

$1,931

$4,344-55.6%

$6,162-68.7%

$2,565-24.7%

Participant deferral / active EE

$6,260-100.0%

$8,220-100.0%

$3,952-100.0%

Admin fee / account holder

$630

$8,630-92.7%

$12,049-94.8%

$6,261-89.9%

FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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