Retirement plan

ARMANINO LLP 401(K) PROFIT SHARING PLAN

Name: ARMANINO LLP - ARMANINO LLP 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: ARMANINO LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARMANINO LLP 401(K) PROFIT SHARING PLAN, ARMANINO LLP

ARMANINO LLPEIN 94-6214841Plan #002PY 2015

12657 ALCOSTA BLVD, SUITE 500 - SAN RAMON, CA 94583925-790-2742

Prospect flagsHigh cash

How to read this page

Total assets (EOY)

$62.8M

-18.5% from 2016

Total participants

1,056

-9.1% from 2016

Average account balance

$68,638

-13.4% from 2016

Annual return

15.52%

+0.69 pp from 2016

Benchmarks

See 2,331 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,331 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$347.38M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

3,415

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.

95.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$41.23M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+16.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$104

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 4 by compensation

Provider	Service type	Compensation
BIG SKY ASSET MANAGEMENT, LLC1+ years Service code 27 · EIN 32-0045587	Advisory (Plan)	$185,336
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009	Securities Custodian	$41,825
INTERSECT CAPITAL LLC1+ years Service code 26 · EIN 94-3284989	Advisory (Participants)	$28,561
CHARLES SCHWAB & CO., INC.1+ years Service code 19 · EIN 94-1737782	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2G2J2R3H2F2A3B3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$220K

$286 / participant

Investment mgmt$185K84.2%
Other / not subdivided$35K15.8%

% of EOY assets

0.350%

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: COTE & COMPANY, APC
Auditor EIN: 943216001
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,638

$88,324-22.3%

$115,038-40.3%

$55,191+24.4%

Participation rate

81.7%

72.5%+9.2pp

81.4%+0.3pp

69.2%+12.6pp

Annual return

15.52%

6.30%+9.2pp

26.14%-10.6pp

10.78%+4.7pp

Employer contribution / active EE

$3,565

$2,805+27.1%

$4,608-22.6%

$1,899+87.7%

Participant deferral / active EE

$6,545

$5,042+29.8%

$6,026+8.6%

$3,046+114.8%

Admin fee / account holder

$241

$105+128.3%

$8,175-97.1%

$91+165.0%

Provider

Service type

Compensation

BIG SKY ASSET MANAGEMENT, LLC1+ years

Service code 27 · EIN 32-0045587

Advisory (Plan)

$185,336

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

Securities Custodian

$41,825

INTERSECT CAPITAL LLC1+ years

Service code 26 · EIN 94-3284989

Advisory (Participants)

$28,561

CHARLES SCHWAB & CO., INC.1+ years

Service code 19 · EIN 94-1737782

Securities Custodian

ARMANINO LLP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARMANINO LLP 401(K) PROFIT SHARING 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