Retirement plan

VOYAGER PEP

Name: 401(K) ADMINISTRATION MANAGEMENT PROGRAM, INC - VOYAGER PEP (2024) Form 5500
Creator: 401(K) ADMINISTRATION MANAGEMENT PROGRAM, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VOYAGER PEP, 401(K) ADMINISTRATION MANAGEMENT PROGRAM, INC

401(K) ADMINISTRATION MANAGEMENT PROGRAM, INCEIN 85-4019239Plan #001PY 2024

10777 NORTHWEST FREEWAY, SUITE 440 - HOUSTON, TX 77092713-524-5192

Other plans on this EIN

1 filing

#003Retirement-$67.4M assets

Prospect flagsLow participationLow assets / participantLow employer contributionLow participant contributionFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$52.7M

+119.4% from 2023

Total participants

4,793

+203.5% from 2023

Average account balance

$25,735

-14.9% from 2023

Annual return

102.36%

-18747.33 pp from 2023

Benchmarks

See 609 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants1,000-4,999

Cohort609 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$52.65M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

2,046

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.

36.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.18M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+102.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$135

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 9 by compensation

Provider	Service type	Compensation
EQUITABLE ADVISORS LLC2 years Service code 99	Other Fees	$21,182
LEAFHOUSE FINANCIAL ADVISORS, LLC2 years Filed as: LEAFHOUSE Service code 99 · EIN 26-4311657	Other Fees	$17,764
TBS AGENCY INC1 year Filed as: TBS AGENCY, INC. Service code 55 1776 PLEASANT PLAIN RD · FAIRFIELD, IA 52556	Other Commissions	$16,223
ARKADIOS CAPITAL1 year Service code 55 2827 PEACHTREE RD NE · ATLANTA, GA 30305	Other Commissions	$13,925
AMERIPRISE FINANCIAL SERVICES INC2 years Filed as: AMERIPRISE FINANCIAL SERVICES, INC. Service code 55 50082 AMERIPRISE FINANCIAL CTR · MINNEAPOLIS, MN 55474	Other Commissions	$13,590
ALPHA CAPITAL MANAGEMENT GROUP LLC1 year Service code 99 · EIN 47-4360318	Other Fees	$10,963
COMMONWEALTH FINANCIAL NETWORK1 year Filed as: COMMONWEALTH EQUITY SERVICES Service code 99 · EIN 04-2675571	Other Fees	$9,108
ONEDIGITAL INVESTMENT ADVISORS LLC1 year Filed as: ONEDIGITAL INVESTMENT ADVISORS Service code 99 · EIN 43-1451524	Other Fees	$5,618
EQUITABLE ADVISORS LLC1 year Filed as: EQUITABLE ADVISORS, LLC Service code 99 · EIN 13-4071393	Other Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T2W3D

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

6 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$276K

$64 / participant

Contract admin$276K100.0%

% of EOY assets

0.525%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: METZ CPA, PLLC
Auditor EIN: 464558541
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,735

$122,585-79.0%

$184,256-86.0%

$200,096-87.1%

Participation rate

36.0%

86.9%-50.9pp

86.8%-50.8pp

72.0%-36.0pp

Annual return

102.36%

144.12%-41.8pp

28.85%+73.5pp

34.26%+68.1pp

Employer contribution / active EE

$458

$4,571-90.0%

$6,427-92.9%

$3,038-84.9%

Participant deferral / active EE

$1,214

$7,972-84.8%

$9,133-86.7%

$5,090-76.2%

Admin fee / account holder

$135

$120+12.4%

$13,899-99.0%

$269-49.9%

Provider

Service type

Compensation

EQUITABLE ADVISORS LLC2 years

Service code 99

Other Fees

$21,182

LEAFHOUSE FINANCIAL ADVISORS, LLC2 years

Filed as: LEAFHOUSE

Service code 99 · EIN 26-4311657

Other Fees

$17,764

TBS AGENCY INC1 year

Filed as: TBS AGENCY, INC.

Service code 55

1776 PLEASANT PLAIN RD · FAIRFIELD, IA 52556

Other Commissions

$16,223

ARKADIOS CAPITAL1 year

Service code 55

2827 PEACHTREE RD NE · ATLANTA, GA 30305

Other Commissions

$13,925

AMERIPRISE FINANCIAL SERVICES INC2 years

Filed as: AMERIPRISE FINANCIAL SERVICES, INC.

Service code 55

50082 AMERIPRISE FINANCIAL CTR · MINNEAPOLIS, MN 55474

Other Commissions

$13,590

ALPHA CAPITAL MANAGEMENT GROUP LLC1 year

Service code 99 · EIN 47-4360318

Other Fees

$10,963

COMMONWEALTH FINANCIAL NETWORK1 year

Filed as: COMMONWEALTH EQUITY SERVICES

Service code 99 · EIN 04-2675571

Other Fees

$9,108

ONEDIGITAL INVESTMENT ADVISORS LLC1 year

Filed as: ONEDIGITAL INVESTMENT ADVISORS

Service code 99 · EIN 43-1451524

Other Fees

$5,618

EQUITABLE ADVISORS LLC1 year

Filed as: EQUITABLE ADVISORS, LLC

Service code 99 · EIN 13-4071393

Other Fees

VOYAGER PEP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VOYAGER PEP

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