Retirement plan

PLUSONE COMPANY 401(K) PLAN

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

PLUSONE COMPANYEIN 90-0529580Plan #001PY 2020

12162 SOUTH BUSINESS PARK DRIVE, SUITE 112 - DRAPER, UT 84020800-295-9295plusonecompany.comLinkedIn201-500 employeestelecommunications

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$1.6M

+38.0% from 2019

Total participants

214

0.0% from 2019

Average account balance

$16,409

+38.0% from 2019

Annual return

22.06%

-0.00 pp from 2019

Benchmarks

See 1,065 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,065 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.98M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

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.

43.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$42K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$536

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

+17.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$236

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 2 by compensation

Provider	Service type	Compensation
TD AMERITRADE, INC.1 year Filed as: TD AMERITRADE TRUST COMPANY Service code 13 · EIN 20-0937408	Contract Administrator	$7,747
HOLM & O'HARA2 years Filed as: HOLM & CAWLEY FINANCIAL Service code 26 5155 S DURANGO DRIVE, SUITE 102 · LAS VEGAS, NV 89113	Advisory (Participants)	$7,698

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$15K

$87 / participant

Investment mgmt$8K49.8%
Contract admin$8K50.2%

% of EOY assets

0.941%

all-in expense ratio

Categories reported

2 / 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: LARSON & COMPANY P.C.
Auditor EIN: 870516083
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,409

$43,133-62.0%

$89,414-81.6%

$73,493-77.7%

Participation rate

35.6%

55.0%-19.4pp

68.0%-32.4pp

70.7%-35.1pp

Annual return

22.06%

135.66%-113.6pp

245.50%-223.4pp

28.51%-6.4pp

Employer contribution / active EE

$637

$1,438-55.7%

$2,586-75.4%

$2,270-72.0%

Participant deferral / active EE

$821

$2,445-66.4%

$3,890-78.9%

$3,740-78.0%

Admin fee / account holder

$154

$444-65.2%

$4,883-96.8%

$513-69.9%

Provider

Service type

Compensation

TD AMERITRADE, INC.1 year

Filed as: TD AMERITRADE TRUST COMPANY

Service code 13 · EIN 20-0937408

Contract Administrator

$7,747

HOLM & O'HARA2 years

Filed as: HOLM & CAWLEY FINANCIAL

Service code 26

5155 S DURANGO DRIVE, SUITE 102 · LAS VEGAS, NV 89113

Advisory (Participants)

$7,698

PLUSONE COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLUSONE COMPANY 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