Retirement plan

STAFFSCAPES, INC. 401(K) PROFIT SHARING PLAN

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

STAFFSCAPES, INCEIN 84-1346032Plan #001PY 2019

1070 WEST 124TH AVE, UNIT 900 - WESTMINSTER, CO 80234303-466-7864staffscapes.comLinkedIn11-50 employeeshuman resources

Prospect flagsHigh feesLow participationRecently reached 100 employeesCorrective distributions

How to read this page

Total assets (EOY)

$5.4M

+38.0% from 2018

Total participants

399

+33.9% from 2018

Average account balance

$45,428

+2.9% from 2018

Annual return

27.34%

+20.18 pp from 2018

Benchmarks

See 689 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort689 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.24M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

279

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.

15.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.66M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+28.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$276

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 10 of 11 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.5+ years Service code 49 · EIN 04-1590850	Other Services	$51,608
IMA WEALTH INC3 years Service code 53 · EIN 48-1233289	Insurance Commissions	$23,511
AMERICAN FUNDS3 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
COLUMBIA3 years Service code 52 · EIN 93-0577450	Indirect Investment Fees	$0
DIMENSIONAL FUND ADVISORS3 years Service code 52 · EIN 36-3129984	Indirect Investment Fees	$0
EATON VANCE3 years Service code 52 · EIN 04-2325690	Indirect Investment Fees	$0
JENSEN3 years Service code 52 · EIN 93-1086448	Indirect Investment Fees	$0
NEUBERGER BERMAN3 years Service code 52 · EIN 13-6068441	Indirect Investment Fees	$0
T ROWE PRICE RPS INC3 years Filed as: T. ROWE PRICE Service code 52 · EIN 52-1151266	Indirect Investment Fees	$0
THE VANGUARD GROUP, INC.3 years Filed as: VANGUARD Service code 52 · EIN 23-6607979	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K2R3D2S2T

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.

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$52K

$132 / participant

Investment mgmt$50K96.6%
Contract admin$2K3.4%

% of EOY assets

0.963%

all-in expense ratio

Categories reported

2 / 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: RICHEY, MAY & CO., LLP
Auditor EIN: 710911200
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,428

$40,522+12.1%

$84,623-46.3%

$67,579-32.8%

Participation rate

27.9%

51.1%-23.2pp

68.2%-40.3pp

71.3%-43.3pp

Annual return

27.34%

32.72%-5.4pp

258.77%-231.4pp

378.56%-351.2pp

Employer contribution / active EE

$491

$1,146-57.2%

$2,652-81.5%

$2,148-77.2%

Participant deferral / active EE

$1,204

$2,132-43.5%

$3,899-69.1%

$3,539-66.0%

Admin fee / account holder

$437

$145+201.0%

$4,913-91.1%

$142+207.4%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.5+ years

Service code 49 · EIN 04-1590850

Other Services

$51,608

IMA WEALTH INC3 years

Service code 53 · EIN 48-1233289

Insurance Commissions

$23,511

AMERICAN FUNDS3 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

COLUMBIA3 years

Service code 52 · EIN 93-0577450

Indirect Investment Fees

DIMENSIONAL FUND ADVISORS3 years

Service code 52 · EIN 36-3129984

Indirect Investment Fees

EATON VANCE3 years

Service code 52 · EIN 04-2325690

Indirect Investment Fees

JENSEN3 years

Service code 52 · EIN 93-1086448

Indirect Investment Fees

NEUBERGER BERMAN3 years

Service code 52 · EIN 13-6068441

Indirect Investment Fees

T ROWE PRICE RPS INC3 years

Filed as: T. ROWE PRICE

Service code 52 · EIN 52-1151266

Indirect Investment Fees

THE VANGUARD GROUP, INC.3 years

Filed as: VANGUARD

Service code 52 · EIN 23-6607979

Indirect Investment Fees

STAFFSCAPES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STAFFSCAPES, INC. 401(K) PROFIT SHARING 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