Retirement plan

ADVANCED SYSTEMS GROUP LLC 401(K) PLAN

Name: ADVANCED SYSTEMS GROUP, LLC - ADVANCED SYSTEMS GROUP LLC 401(K) PLAN (2024) Form 5500
Creator: ADVANCED SYSTEMS GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADVANCED SYSTEMS GROUP LLC 401(K) PLAN, ADVANCED SYSTEMS GROUP, LLC

ADVANCED SYSTEMS GROUP, LLCEIN 94-3286495Plan #001PY 2024

1226 POWELL STREET - EMERYVILLE, CA 94608510-207-7397asgllc.comLinkedIn201-500 employeesmedia production

Prospect flagsLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$21M

+44.9% from 2023

Total participants

539

-1.5% from 2023

Average account balance

$41,080

+50.6% from 2023

Annual return

25.12%

-1.13 pp from 2023

Benchmarks

See 614 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort614 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.99M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

511

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.

93.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.74M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+25.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$160

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
MERITAS ADVISORS LLC6 years Service code 27 4040 CIVIC CENTER DR STE 200 · SAN RAFAEL, CA 94903	Advisory (Plan)	$75,104
AMERICAN FUNDS6 years Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS. Service code 25 · EIN 82-4555287	Directed Trustee	$6,853

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$82K

$193 / participant

Recordkeeping$7K8.4%
Investment mgmt$75K91.6%

% of EOY assets

0.390%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: TWHC TURNER, WARREN, HWANG & CO
Auditor EIN: 954083485
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,080

$89,808-54.3%

$100,383-59.1%

$77,671-47.1%

Participation rate

93.4%

81.2%+12.2pp

81.5%+11.9pp

70.6%+22.8pp

Annual return

25.12%

20.62%+4.5pp

49.26%-24.1pp

31.21%-6.1pp

Employer contribution / active EE

$3,039-100.0%

$3,944-100.0%

$2,726-100.0%

Participant deferral / active EE

$11,169

$8,284+34.8%

$8,086+38.1%

$4,648+140.3%

Admin fee / account holder

$160

$174-8.0%

$7,900-98.0%

$430-62.7%

Provider

Service type

Compensation

MERITAS ADVISORS LLC6 years

Service code 27

4040 CIVIC CENTER DR STE 200 · SAN RAFAEL, CA 94903

Advisory (Plan)

$75,104

AMERICAN FUNDS6 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS.

Service code 25 · EIN 82-4555287

Directed Trustee

$6,853

ADVANCED SYSTEMS GROUP LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADVANCED SYSTEMS GROUP LLC 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