Retirement plan

ASPEN HR PEO LLC RETIREMENT SAVINGS PLAN

Name: ASPEN HR PEO LLC - ASPEN HR PEO LLC RETIREMENT SAVINGS PLAN (2024) Form 5500
Creator: ASPEN HR PEO LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASPEN HR PEO LLC RETIREMENT SAVINGS PLAN, ASPEN HR PEO LLC

ASPEN HR PEO LLCEIN 85-3188438Plan #001PY 2024

26133 US HIGHWAY 19, 308 - CLEARWATER, FL 33763617-360-0115

Prospect flagsLow assets / participantFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$148.6M

+169.4% from 2023

Total participants

4,524

+69.1% from 2023

Average account balance

$39,432

+36.0% from 2023

Annual return

129.30%

+1.35 pp from 2023

Benchmarks

See 949 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort949 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$148.62M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

3,769

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.

77.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$34.23M

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

+129.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$203

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 6 by compensation

Provider	Service type	Compensation
SLAVIC INTEGRATED ADMINISTRATION3 years Service code 15 · EIN 65-0608221	Recordkeeping	$454,250
SLAVIC INTEGRATED ADMINISTRATION3 years Filed as: SLAVIC MUTUAL FUND MANAGEMENT CORP Service code 28 · EIN 59-2749576	Investment Management	$117,268
ASPEN HR PEO LLC2 years Service code 14 · EIN 85-3188438	Plan Administrator	$60,747
UHY LLP2 years Service code 10 · EIN 20-0694403	Accounting	$56,078
RETIREMENT ADMINISTRATION, INC.1 year Service code 14 1669 HOLLENBECK AVE STE 2-508 · SUNNYVALE, CA 94087	Plan Administrator	$47,338
GLOBAL RETIREMENT PARTNERS LLC1 year Filed as: GLOBAL RETIREMENT PARTNERS Service code 26 4340 REDWOOD HIGHWAY, SUITE B60 · SAN RAFAEL, CA 94903	Advisory (Participants)	$27,762

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D2V

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

3 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).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$763K

$229 / participant

Investment mgmt$145K19.0%
Contract admin$562K73.7%
Other / not subdivided$56K7.3%

% of EOY assets

0.514%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: JASON F. CLAUSEN, P.C.
Auditor EIN: 274097479
Audit fees: $56,078
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,432

$122,128-67.7%

$147,080-73.2%

$199,960-80.3%

Participation rate

77.4%

78.2%-0.8pp

82.2%-4.8pp

72.0%+5.4pp

Annual return

129.30%

30.58%+98.7pp

420.17%-290.9pp

34.28%+95.0pp

Employer contribution / active EE

$2,795

$4,093-31.7%

$4,933-43.4%

$3,036-7.9%

Participant deferral / active EE

$7,454

$8,484-12.1%

$8,066-7.6%

$5,087+46.5%

Admin fee / account holder

$203

$180+12.8%

$12,989-98.4%

$269-24.8%

Provider

Service type

Compensation

SLAVIC INTEGRATED ADMINISTRATION3 years

Service code 15 · EIN 65-0608221

Recordkeeping

$454,250

SLAVIC INTEGRATED ADMINISTRATION3 years

Filed as: SLAVIC MUTUAL FUND MANAGEMENT CORP

Service code 28 · EIN 59-2749576

Investment Management

$117,268

ASPEN HR PEO LLC2 years

Service code 14 · EIN 85-3188438

Plan Administrator

$60,747

UHY LLP2 years

Service code 10 · EIN 20-0694403

Accounting

$56,078

RETIREMENT ADMINISTRATION, INC.1 year

Service code 14

1669 HOLLENBECK AVE STE 2-508 · SUNNYVALE, CA 94087

Plan Administrator

$47,338

GLOBAL RETIREMENT PARTNERS LLC1 year

Filed as: GLOBAL RETIREMENT PARTNERS

Service code 26

4340 REDWOOD HIGHWAY, SUITE B60 · SAN RAFAEL, CA 94903

Advisory (Participants)

$27,762

ASPEN HR PEO LLC RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASPEN HR PEO LLC RETIREMENT 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