Retirement plan

ADAQUEST, INC. 401K PLAN & TRUST

Name: ADAQUEST, INC. - ADAQUEST, INC. 401K PLAN & TRUST (2016) Form 5500
Creator: ADAQUEST, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADAQUEST, INC. 401K PLAN & TRUST, ADAQUEST, INC.

ADAQUEST, INC.EIN 91-2152036Plan #001PY 2016

14450 NE 29TH PL., STE. 220 - BELLEVUE, WA 980073697425-284-7800adaquest.comLinkedIn11-50 employeesinformation technology and services

Prospect flagsLow participationLow fidelity bondCorrective distributions

How to read this page

Total assets (EOY)

$1.9M

No prior year

Total participants

No prior year

Average account balance

$28,524

No prior year

Annual return

8.38%

No prior year

Benchmarks

See 24,582 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort24,582 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.90M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

440.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$64K

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

+15.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1178

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

0 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
LPL FINANCIAL1+ years Filed as: LPL FINANCIAL CORPORATION Service code 53	Insurance Commissions	$2,111
PROFESSIONAL BENEFIT SERVICES1+ years Service code 49 · EIN 93-0997477 1193 ROYVONNE SE, SUITE 22 · SALEM, OR 97302	Other Services	$1,275

Plan features & details

Pension benefit codes2E2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1K

$43 / participant

Contract admin$221.7%
Other / not subdivided$1K98.3%

% of EOY assets

0.069%

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: HELLAM VARON & CO. P.S.
Auditor EIN: 911223179
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,524

$76,550-62.7%

$123,894-77.0%

$62,881-54.6%

Participation rate

43.3%

73.0%-29.6pp

81.4%-38.1pp

69.3%-26.0pp

Annual return

8.38%

18.67%-10.3pp

47.52%-39.1pp

20.14%-11.8pp

Employer contribution / active EE

$1,466

$2,882-49.1%

$4,617-68.2%

$2,281-35.7%

Participant deferral / active EE

$8,895

$4,840+83.8%

$5,984+48.6%

$3,203+177.7%

Admin fee / account holder

$20

$4,826-99.6%

$8,357-99.8%

$4,296-99.5%

Provider

Service type

Compensation

LPL FINANCIAL1+ years

Filed as: LPL FINANCIAL CORPORATION

Service code 53

Insurance Commissions

$2,111

PROFESSIONAL BENEFIT SERVICES1+ years

Service code 49 · EIN 93-0997477

1193 ROYVONNE SE, SUITE 22 · SALEM, OR 97302

Other Services

$1,275

ADAQUEST, INC. 401K PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADAQUEST, INC. 401K PLAN & TRUST

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