Retirement plan

THE INSIDE SOURCE, INC. 401(K) PROFIT SHARING PLAN

Name: THE INSIDE SOURCE, INC. - THE INSIDE SOURCE, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: THE INSIDE SOURCE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE INSIDE SOURCE, INC. 401(K) PROFIT SHARING PLAN, THE INSIDE SOURCE, INC.

THE INSIDE SOURCE, INC.EIN 94-3214034Plan #001PY 2016

985 INDUSTRIAL ROAD, SUITE 101 - SAN CARLOS, CA 94070650-637-5411

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$4.8M

+42.9% from 2015

Total participants

236

+29.7% from 2015

Average account balance

$20,474

+10.1% from 2015

Annual return

17.06%

+21.55 pp from 2015

Benchmarks

See 2,366 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,366 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.92M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

426

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.

83.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.76M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+36.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$333

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 6 by compensation

Provider	Service type	Compensation
NATIONWIDE2+ years Service code 15 · EIN 31-1592130 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$28,228
CLARKE LANZEN SKALLA INVESTMENT FIR2+ years Filed as: CLARKE LANZEN SKALLA INVESTMENT Service code 28 · EIN 13-4109249 FIRM, LLC · OMAHA, NE 68130	Investment Management	$12,045
HICKS PENSION SERVICES2+ years Service code 14 · EIN 94-2158860 3459 W. SHAW AVENUE · FRESNO, CA 93711	Plan Administrator	$4,708
IRON-CO-FID-COMPREHENSIVE1 year Filed as: IRON-CO-FID-TRADITIONAL Service code 28 · EIN 26-2409128 630 DUNDEE ROAD, SUITE 200 · NORTHBROOK, IL 60062	Investment Management	$3,237
CARLTON HOFFERKAMP AND JENKS W1 year Filed as: CARLTON & ASSOCIATES, INC. Service code 71 2701 N ROCKY PT DR, SUTIE 1000 · TAMPA, FL 33607	Brokerage Fees	$0
VSR FINANCIAL SERVICES INC2+ years Filed as: VSR FINANCIAL SERVICES, INC. Service code 71 · EIN 43-1302302 8620 W. 110TH STREET, SUITE 200 · OVERLAND PARK, KS 662100000	Brokerage Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K

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.

Opportunity flags

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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: PETRINOVICH PUGH & COMPANY, LLP
Auditor EIN: 941668792
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,474

$63,924-68.0%

$108,582-81.1%

$55,167-62.9%

Participation rate

99.4%

74.3%+25.0pp

79.6%+19.8pp

69.0%+30.4pp

Annual return

17.06%

15.31%+1.8pp

-51.70%+68.8pp

169.23%-152.2pp

Employer contribution / active EE

$2,306

$1,879+22.7%

$3,758-38.7%

$1,963+17.5%

Participant deferral / active EE

$5,069

$3,067+65.3%

$4,311+17.6%

$3,054+66.0%

Admin fee / account holder

$618-100.0%

$7,645-100.0%

$504-100.0%

Provider

Service type

Compensation

NATIONWIDE2+ years

Service code 15 · EIN 31-1592130

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$28,228

CLARKE LANZEN SKALLA INVESTMENT FIR2+ years

Filed as: CLARKE LANZEN SKALLA INVESTMENT

Service code 28 · EIN 13-4109249

FIRM, LLC · OMAHA, NE 68130

Investment Management

$12,045

HICKS PENSION SERVICES2+ years

Service code 14 · EIN 94-2158860

3459 W. SHAW AVENUE · FRESNO, CA 93711

Plan Administrator

$4,708

IRON-CO-FID-COMPREHENSIVE1 year

Filed as: IRON-CO-FID-TRADITIONAL

Service code 28 · EIN 26-2409128

630 DUNDEE ROAD, SUITE 200 · NORTHBROOK, IL 60062

Investment Management

$3,237

CARLTON HOFFERKAMP AND JENKS W1 year

Filed as: CARLTON & ASSOCIATES, INC.

Service code 71

2701 N ROCKY PT DR, SUTIE 1000 · TAMPA, FL 33607

Brokerage Fees

VSR FINANCIAL SERVICES INC2+ years

Filed as: VSR FINANCIAL SERVICES, INC.

Service code 71 · EIN 43-1302302

8620 W. 110TH STREET, SUITE 200 · OVERLAND PARK, KS 662100000

Brokerage Fees

THE INSIDE SOURCE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

THE INSIDE SOURCE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion