Retirement plan

ISEC, INC. 401(K) SAVINGS PLAN

Name: ISEC, INC. - ISEC, INC. 401(K) SAVINGS PLAN (2019) Form 5500
Creator: ISEC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ISEC, INC. 401(K) SAVINGS PLAN, ISEC, INC.

ISEC, INC.EIN 84-0577348Plan #002PY 2019

6000 GREENWOOD PLAZA BLVD, SUITE 200 - GREENWOOD VILLAGE, CO 801114818303-952-3927

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$81.1M

+27.6% from 2018

Total participants

928

+6.4% from 2018

Average account balance

$120,570

+17.2% from 2018

Annual return

23.47%

+28.96 pp from 2018

Benchmarks

See 1,257 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,257 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$118.15M

Not enough data

1 years with asset history on file

Average account balance

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

$163K

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.

725

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.

70.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.87M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+14.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$159

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

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC4 years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$52,663
TRUENORTH, INC.2 years Service code 26 8200 E. 32RD STREET NORTH · WICHITA, KS 67226	Advisory (Participants)	$50,000
CHARLES SCHWAB & CO., INC.2 years Service code 33 211 MAIN STREET · SAN FRANCISCO, CA 94105	Securities brokerage; Float revenue; ...	$641
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO, INC. Service code 33	Securities brokerage; Float revenue; ...	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3D

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.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$104K

$131 / participant

Investment mgmt$50K48.1%
Other / not subdivided$54K51.9%

% of EOY assets

0.128%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MAYER HOFFMAN MCCANN P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$120,570

$66,650+80.9%

$92,915+29.8%

$67,582+78.4%

Participation rate

68.0%

72.5%-4.5pp

76.0%-8.0pp

71.3%-3.3pp

Annual return

23.47%

92.64%-69.2pp

109.45%-86.0pp

378.57%-355.1pp

Employer contribution / active EE

$2,603

$2,777-6.2%

$3,653-28.7%

$2,148+21.2%

Participant deferral / active EE

$5,115

$3,160+61.9%

$4,238+20.7%

$3,539+44.5%

Admin fee / account holder

$154

$199-22.4%

$5,796-97.3%

$142+8.5%

Provider

Service type

Compensation

T ROWE PRICE RPS INC4 years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$52,663

TRUENORTH, INC.2 years

Service code 26

8200 E. 32RD STREET NORTH · WICHITA, KS 67226

Advisory (Participants)

$50,000

CHARLES SCHWAB & CO., INC.2 years

Service code 33

211 MAIN STREET · SAN FRANCISCO, CA 94105

Securities brokerage; Float revenue; ...

$641

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO, INC.

Service code 33

Securities brokerage; Float revenue; ...

ISEC, INC. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ISEC, INC. 401(K) 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