Retirement plan

GPS NAVIGATOR POOLED EMPLOYER PLAN

Name: GROUP PLAN SYSTEMS, LLC - GPS NAVIGATOR POOLED EMPLOYER PLAN (2024) Form 5500
Creator: GROUP PLAN SYSTEMS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GPS NAVIGATOR POOLED EMPLOYER PLAN, GROUP PLAN SYSTEMS, LLC

GROUP PLAN SYSTEMS, LLCEIN 87-2096126Plan #001PY 2024

2470 EAST MAIN STREET - COLUMBUS, OH 43209913-236-9841

Other plans on this EIN

9 filings

#002Retirement-$102.8M assets #016Retirement-$17.6M assets #003Retirement-$14.3M assets #005Retirement-$12.5M assets #007Retirement-$10.3M assets #008Retirement--#009Retirement--#011Retirement--#013Retirement--

Prospect flagsLow assets / participantLow employer contributionLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$45.1M

+39.8% from 2023

Total participants

1,410

+28.5% from 2023

Average account balance

$38,043

+8.9% from 2023

Annual return

39.39%

-1609.42 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

$45.12M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

1,186

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.

80.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.89M

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

+39.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$208

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 4 by compensation

Provider	Service type	Compensation
RKL LLP1 year Filed as: RKL WEALTH MANAGEMENT, LLC Service code 51 · EIN 23-3016440 3501 CONCORD ROAD, SUITE 250 · YORK, PA 17402	Investment Mgmt Fees	$581,515
JULY BUSINESS SERVICES1 year Filed as: JULY BUSINESS SERVICES, LLC Service code 13 · EIN 74-2715820 P.O. BOX 2208 · WACO, TX 76703	Contract Administrator	$93,422
GROUP PLAN SYSTEMS, LLC1 year Service code 14 · EIN 87-2096126 C/O PERFECT BALANCE · COLUMBUS, OH 43209	Plan Administrator	$30,199
HFM INVESTMENT ADVISORS1 year Filed as: HFM INVESTMENT ADVISORS, LLC Service code 51 · EIN 82-1797253 102 WEST HIGH STREET, SUITE 200 · GLASSBORO, NJ 02028	Investment Mgmt Fees	$17,349

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T2W3D

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.
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

4 tripped

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).

Expense breakdown

Schedule H Part II

Admin total

$247K

$211 / participant

Recordkeeping$247K100.0%

% of EOY assets

0.547%

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: HOLBROOK & MANTER
Auditor EIN: 310998651
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,043

$122,596-69.0%

$184,260-79.4%

$199,960-81.0%

Participation rate

80.8%

86.9%-6.1pp

86.8%-6.0pp

72.0%+8.8pp

Annual return

39.39%

144.14%-104.8pp

28.84%+10.5pp

34.28%+5.1pp

Employer contribution / active EE

$1,451

$4,570-68.3%

$6,427-77.4%

$3,036-52.2%

Participant deferral / active EE

$3,591

$7,972-55.0%

$9,133-60.7%

$5,087-29.4%

Admin fee / account holder

$208

$120+73.0%

$13,898-98.5%

$269-22.7%

Provider

Service type

Compensation

RKL LLP1 year

Filed as: RKL WEALTH MANAGEMENT, LLC

Service code 51 · EIN 23-3016440

3501 CONCORD ROAD, SUITE 250 · YORK, PA 17402

Investment Mgmt Fees

$581,515

JULY BUSINESS SERVICES1 year

Filed as: JULY BUSINESS SERVICES, LLC

Service code 13 · EIN 74-2715820

P.O. BOX 2208 · WACO, TX 76703

Contract Administrator

$93,422

GROUP PLAN SYSTEMS, LLC1 year

Service code 14 · EIN 87-2096126

C/O PERFECT BALANCE · COLUMBUS, OH 43209

Plan Administrator

$30,199

HFM INVESTMENT ADVISORS1 year

Filed as: HFM INVESTMENT ADVISORS, LLC

Service code 51 · EIN 82-1797253

102 WEST HIGH STREET, SUITE 200 · GLASSBORO, NJ 02028

Investment Mgmt Fees

$17,349

GPS NAVIGATOR POOLED EMPLOYER PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GPS NAVIGATOR POOLED EMPLOYER 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