Retirement plan

ANCHOR QEA 401(K) PLAN

Name: ANCHOR QEA, LLC - ANCHOR QEA 401(K) PLAN (2019) Form 5500
Creator: ANCHOR QEA, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANCHOR QEA 401(K) PLAN, ANCHOR QEA, LLC

ANCHOR QEA, LLCEIN 91-1851322Plan #001PY 2019

1201 - 3RD AVENUE, SUITE 2600 - SEATTLE, WA 98101206-287-9130anchorqea.comLinkedIn201-500 employeesenvironmental services

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$66.2M

+23.8% from 2018

Total participants

520

+4.4% from 2018

Average account balance

$147,198

+19.1% from 2018

Annual return

24.36%

+29.72 pp from 2018

Benchmarks

See 2,853 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,853 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$109.98M

Not enough data

1 years with asset history on file

Average account balance

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

$177K

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.

622

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.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.88M

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

+16.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$347

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
FINANCIAL ADVOCATES3 years Filed as: FINANCIAL ADVOCATES INVESTMENT MANG Service code 99	Other Fees	$88,777
FLEX-PLAN RETIREMENT SERVICES, INC.1 year Service code 49	Other Services	$27,595
FINANCIAL ADVOCATES3 years Service code 99 · EIN 27-0435466 400 - 112TH NE, SUITE 200 · BELLEVUE, WA 98004	Other Fees	$0
FLEX-PLAN RETIREMENT SERVICES, INC.1 year Filed as: FLEX-PLAN RETIREMENT SERVICES Service code 49 · EIN 80-0102330 P.O BOX 1650 · ISSAQUAH, WA 98027	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

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

Expense breakdown

Schedule H Part II

Admin total

$3K

$6 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.004%

all-in expense ratio

Categories reported

0 / 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: CLARK NUBER P.S.
Auditor EIN: 911194016
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$147,198

$88,122+67.0%

$141,191+4.3%

$67,579+117.8%

Participation rate

82.3%

76.5%+5.8pp

82.5%-0.2pp

71.3%+11.0pp

Annual return

24.36%

75.40%-51.0pp

71.41%-47.1pp

378.56%-354.2pp

Employer contribution / active EE

$2,567

$3,224-20.4%

$4,736-45.8%

$2,148+19.5%

Participant deferral / active EE

$8,544

$5,958+43.4%

$6,710+27.3%

$3,539+141.4%

Admin fee / account holder

$131-95.8%

$10,264-99.9%

$142-96.1%

Provider

Service type

Compensation

FINANCIAL ADVOCATES3 years

Filed as: FINANCIAL ADVOCATES INVESTMENT MANG

Service code 99

Other Fees

$88,777

FLEX-PLAN RETIREMENT SERVICES, INC.1 year

Service code 49

Other Services

$27,595

FINANCIAL ADVOCATES3 years

Service code 99 · EIN 27-0435466

400 - 112TH NE, SUITE 200 · BELLEVUE, WA 98004

Other Fees

FLEX-PLAN RETIREMENT SERVICES, INC.1 year

Filed as: FLEX-PLAN RETIREMENT SERVICES

Service code 49 · EIN 80-0102330

P.O BOX 1650 · ISSAQUAH, WA 98027

Other Services

ANCHOR QEA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANCHOR QEA 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