Retirement plan

COMPARENETWORKS, INC. 401(K) PLAN

Name: COMPARENETWORKS, INC. - COMPARENETWORKS, INC. 401(K) PLAN (2023) Form 5500
Creator: COMPARENETWORKS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMPARENETWORKS, INC. 401(K) PLAN, COMPARENETWORKS, INC.

COMPARENETWORKS, INC.EIN 94-3350997Plan #001PY 2023

395 OYSTER POINT BLVD STE 300 - SOUTH SAN FRANCISCO, CA 940801931650-416-0503comparenetworks.comLinkedIn51-200 employeesonline media

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$16.3M

+30.2% from 2022

Total participants

188

-5.1% from 2022

Average account balance

$95,201

+25.7% from 2022

Annual return

20.04%

+40.66 pp from 2022

Benchmarks

See 1,031 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort1,031 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.62M

Not enough data

1 years with asset history on file

Average account balance

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

$110K

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.

160

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.

91.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+14.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$266

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 3 by compensation

Provider	Service type	Compensation
RBC WEALTH MANAGEMENT1 year Filed as: RBC CAPITAL MARKETS LLC Service code 16 800 NICOLETTE AVE · MINNEAPOLIS, MN 55402	Consulting	$18,844
BST & CO. CPA'S LLP1 year Service code 10 10 BRITISH AMERICAN BLVD · LATHAM, NY 12210	Accounting	$8,451
T ROWE PRICE RPS INC1 year Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$1,428

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$29K

$201 / participant

Recordkeeping$1K5.0%
Other / not subdivided$27K95.0%

% of EOY assets

0.176%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BST & CO. CPAS LLP
Auditor EIN: 141442607
Audit fees: $8,451
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$95,201

$69,511+37.0%

$94,664+0.6%

$71,511+33.1%

Participation rate

88.1%

78.4%+9.7pp

80.8%+7.3pp

67.9%+20.2pp

Annual return

20.04%

29.67%-9.6pp

156.84%-136.8pp

28.86%-8.8pp

Employer contribution / active EE

$1,230

$2,853-56.9%

$3,673-66.5%

$2,589-52.5%

Participant deferral / active EE

$9,151

$7,348+24.5%

$7,417+23.4%

$4,291+113.3%

Admin fee / account holder

$168

$1,211-86.1%

$7,222-97.7%

$1,588-89.4%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT1 year

Filed as: RBC CAPITAL MARKETS LLC

Service code 16

800 NICOLETTE AVE · MINNEAPOLIS, MN 55402

Consulting

$18,844

BST & CO. CPA'S LLP1 year

Service code 10

10 BRITISH AMERICAN BLVD · LATHAM, NY 12210

Accounting

$8,451

T ROWE PRICE RPS INC1 year

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$1,428

COMPARENETWORKS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMPARENETWORKS, INC. 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