Retirement plan

QUANDEL ENTERPRISES, INC. AND SUBSIDIARIES RETIREMENT SAVINGS PLAN

Name: QUANDEL ENTERPRISES, INC. - QUANDEL ENTERPRISES, INC. AND SUBSIDIARIES RETIREMENT SAVINGS PLAN (2018) Form 5500
Creator: QUANDEL ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, QUANDEL ENTERPRISES, INC. AND SUBSIDIARIES RETIREMENT SAVINGS PLAN, QUANDEL ENTERPRISES, INC.

QUANDEL ENTERPRISES, INC.EIN 86-1059248Plan #001PY 2018

3003 NORTH FRONT STREET, SUITE 201 - HARRISBURG, PA 171101224717-657-0909LinkedIn1-10 employeesconstruction

Other plans on this EIN

1 filing

#002Retirement-$4.8M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$24.3M

-1.6% from 2017

Total participants

329

+9.3% from 2017

Average account balance

$76,027

-8.1% from 2017

Annual return

-4.17%

-21.40 pp from 2017

Benchmarks

See 2,759 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,759 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$39.68M

Not enough data

1 years with asset history on file

Average account balance

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

$122K

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.

325

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.89M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+14.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$390

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 5 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290	Contract Administrator	$105,905
WELLS FARGO BANK, N.A.4+ years Filed as: WELLS FARGO ADVISORS FINANCIAL NETW Service code 27 · EIN 34-1542819	Advisory (Plan)	$41,018
NATIONWIDE1 year Filed as: NATIONWIDE FINANCIAL GENERAL AGENCY Service code 49 · EIN 23-2412039	Other Services	$7,538
NATIONWIDE1 year Filed as: NATIONWIDE SECURITIES LLC Service code 49 · EIN 36-2434406	Other Services	$6,306
WILSHIRE ASSOCIATES INCORPORATED4+ years Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2G2J2K2S2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$106K

$469 / participant

Contract admin$106K100.0%

% of EOY assets

0.437%

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: BAKER TILLY VIRCHOW KRAUSE, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$76,027

$55,449+37.1%

$83,830-9.3%

$56,287+35.1%

Participation rate

95.6%

68.0%+27.6pp

76.1%+19.4pp

69.9%+25.7pp

Annual return

-4.17%

-1.38%-2.8pp

850.97%-855.1pp

-9.96%+5.8pp

Employer contribution / active EE

$3,705

$2,430+52.4%

$3,631+2.0%

$2,111+75.5%

Participant deferral / active EE

$7,682

$2,935+161.7%

$4,082+88.2%

$3,350+129.3%

Admin fee / account holder

$332

$656-49.4%

$5,479-93.9%

$521-36.3%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY4+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$105,905

WELLS FARGO BANK, N.A.4+ years

Filed as: WELLS FARGO ADVISORS FINANCIAL NETW

Service code 27 · EIN 34-1542819

Advisory (Plan)

$41,018

NATIONWIDE1 year

Filed as: NATIONWIDE FINANCIAL GENERAL AGENCY

Service code 49 · EIN 23-2412039

Other Services

$7,538

NATIONWIDE1 year

Filed as: NATIONWIDE SECURITIES LLC

Service code 49 · EIN 36-2434406

Other Services

$6,306

WILSHIRE ASSOCIATES INCORPORATED4+ years

Service code 27 · EIN 95-2755361

Advisory (Plan)

QUANDEL ENTERPRISES, INC. AND SUBSIDIARIES RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

QUANDEL ENTERPRISES, INC. AND SUBSIDIARIES 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