Retirement plan

PROTEUS, INC. 403(B) SAVINGS PLAN

Name: PROTEUS, INC. - PROTEUS, INC. 403(B) SAVINGS PLAN (2016) Form 5500
Creator: PROTEUS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROTEUS, INC. 403(B) SAVINGS PLAN, PROTEUS, INC.

PROTEUS, INC.EIN 94-2184330Plan #001PY 2016

1830 N. DINUBA BLVD. - VISALIA, CA 93291559-735-3670proteusinc.orgLinkedIn201-500 employeesnon-profit organization management

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$6.8M

+5.1% from 2015

Total participants

425

+9.0% from 2015

Average account balance

$17,976

+5.1% from 2015

Annual return

8.50%

+10.14 pp from 2015

Benchmarks

See 3,733 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,733 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.35M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

178

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.

65.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$527K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+10.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$439

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
UNIFIED TRUST COMPANY, N.A.2+ years Service code 13 · EIN 61-1256314	Contract Administrator	$51,011
PACIFIC INVESTMENTS CONSULTANTS2+ years Service code 27 1130 IRON POINT ROAD, SUITE 100 · FOLSOM, CA 95630	Advisory (Plan)	$25,354

Plan features & details

Pension benefit codes2M2T2G2F2J3D

Plan features

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

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

$76K

$229 / participant

Investment mgmt$25K33.2%
Contract admin$51K66.8%

% of EOY assets

1.121%

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: R. J. RICCIARDI, INC.
Auditor EIN: 201398210
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,976

$36,916-51.3%

$156,551-88.5%

$57,658-68.8%

Participation rate

86.2%

63.4%+22.8pp

84.0%+2.2pp

70.2%+16.0pp

Annual return

8.50%

12.38%-3.9pp

32.23%-23.7pp

5.13%+3.4pp

Employer contribution / active EE

$1,067

$1,571-32.0%

$5,501-80.6%

$1,974-45.9%

Participant deferral / active EE

$691

$1,926-64.1%

$4,871-85.8%

$3,061-77.4%

Admin fee / account holder

$201

$82+144.3%

$13,028-98.5%

$95+113.1%

Provider

Service type

Compensation

UNIFIED TRUST COMPANY, N.A.2+ years

Service code 13 · EIN 61-1256314

Contract Administrator

$51,011

PACIFIC INVESTMENTS CONSULTANTS2+ years

Service code 27

1130 IRON POINT ROAD, SUITE 100 · FOLSOM, CA 95630

Advisory (Plan)

$25,354

PROTEUS, INC. 403(B) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROTEUS, INC. 403(B) 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