Retirement plan

TRAX INTERNATIONAL CORPORATION SAVINGS AND RETIREMENT PLAN

Name: TRAX INTERNATIONAL CORPORATION - TRAX INTERNATIONAL CORPORATION SAVINGS AND RETIREMENT PLAN (2016) Form 5500
Creator: TRAX INTERNATIONAL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRAX INTERNATIONAL CORPORATION SAVINGS AND RETIREMENT PLAN, TRAX INTERNATIONAL CORPORATION

TRAX INTERNATIONAL CORPORATIONEIN 85-0277228Plan #001PY 2016

8337 W SUNSET RD STE 250 - LAS VEGAS, NV 891132211702-216-4455traxintl.comLinkedIn1001-5000 employeesdefense & space

Other plans on this EIN

1 filing

#002Retirement-$36.5M assets

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$49.3M

No prior year

Total participants

1,355

No prior year

Average account balance

$46,806

No prior year

Annual return

9.40%

No prior year

Benchmarks

See 664 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort664 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$113.11M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

1,839

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.

89.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.65M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$85

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
WEALTHPLAN ADVISORS LLC1+ years Service code 27 · EIN 47-2622892	Advisory (Plan)	$49,899
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290	Contract Administrator	$32,234
WEALTHPLAN ADVISORS LLC1+ years Filed as: WEALTHPLAN ADVISORS INC. Service code 27 · EIN 26-4646168	Advisory (Plan)	$16,785

Plan features & details

Pension benefit codes2E2F2G2J2K2T

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.
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.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$32K

$27 / participant

Contract admin$32K100.0%

% of EOY assets

0.065%

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: CHERRY BEKAERT LLP
Auditor EIN: 560574444
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,806

$85,635-45.3%

$123,894-62.2%

$63,975-26.8%

Participation rate

74.7%

74.9%-0.3pp

81.4%-6.7pp

71.1%+3.5pp

Annual return

9.40%

15.74%-6.3pp

47.52%-38.1pp

48.65%-39.2pp

Employer contribution / active EE

$3,076-100.0%

$4,617-100.0%

$2,182-100.0%

Participant deferral / active EE

$2,977

$5,667-47.5%

$5,984-50.3%

$3,356-11.3%

Admin fee / account holder

$31

$75-59.1%

$8,357-99.6%

$70-56.5%

Provider

Service type

Compensation

WEALTHPLAN ADVISORS LLC1+ years

Service code 27 · EIN 47-2622892

Advisory (Plan)

$49,899

PRINCIPAL LIFE INSURANCE COMPANY1+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$32,234

WEALTHPLAN ADVISORS LLC1+ years

Filed as: WEALTHPLAN ADVISORS INC.

Service code 27 · EIN 26-4646168

Advisory (Plan)

$16,785

TRAX INTERNATIONAL CORPORATION SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRAX INTERNATIONAL CORPORATION SAVINGS AND RETIREMENT 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