Retirement plan

IOS EMPLOYMENT, LLC 401(K) PLAN

Name: IOS EMPLOYMENT, LLC - IOS EMPLOYMENT, LLC 401(K) PLAN (2020) Form 5500
Creator: IOS EMPLOYMENT, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IOS EMPLOYMENT, LLC 401(K) PLAN, IOS EMPLOYMENT, LLC

IOS EMPLOYMENT, LLCEIN 85-1819677Plan #001PY 2020

147 B WESTCHESTER ROAD - MADISON, AL 35758314-406-4252

Prospect flagsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$874K

No prior year

Total participants

137

No prior year

Average account balance

$7,163

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 4,082 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,082 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.17M

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

190

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.

67.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.07M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+23.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$29

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 1 by compensation

Provider	Service type	Compensation
WARREN AVERETT, LLC1+ years Filed as: WARREN AVERETT ASSET MANAGEMENT Service code 15 600 UNIVERSITY PARK PL, STE 501 · BIRMINGHAM, AL 35209	Recordkeeping	$4,415

Plan features & details

Pension benefit codes2T2E2J2K2F2G3D

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.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$2K

$18 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.255%

all-in expense ratio

Categories reported

0 / 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: THE HIGHLANDS ACCOUNTING GROUP, INC
Auditor EIN: 823217974
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$7,163

$73,638-90.3%

$95,960-92.5%

$73,493-90.3%

Participation rate

88.1%

76.2%+11.9pp

77.1%+11.0pp

70.7%+17.4pp

Annual return

0.00%

16.78%-16.8pp

91.63%-91.6pp

28.51%-28.5pp

Employer contribution / active EE

$2,061

$1,863+10.6%

$2,541-18.9%

$2,270-9.2%

Participant deferral / active EE

$3,656

$3,617+1.1%

$4,167-12.3%

$3,740-2.2%

Admin fee / account holder

$18

$482-96.2%

$6,797-99.7%

$513-96.4%

Provider

Service type

Compensation

WARREN AVERETT, LLC1+ years

Filed as: WARREN AVERETT ASSET MANAGEMENT

Service code 15

600 UNIVERSITY PARK PL, STE 501 · BIRMINGHAM, AL 35209

Recordkeeping

$4,415

IOS EMPLOYMENT, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IOS EMPLOYMENT, LLC 401(K) 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