Retirement plan

THE ACT 1 GROUP OF COMPANIES 401(K) PLAN FOR SPECIALTY ASSOCIATES

Name: HOWROYD GROUP OF COMPANIES - THE ACT 1 GROUP OF COMPANIES 401(K) PLAN FOR SPECIALTY ASSOCIATES (2021) Form 5500
Creator: HOWROYD GROUP OF COMPANIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ACT 1 GROUP OF COMPANIES 401(K) PLAN FOR SPECIALTY ASSOCIATES, HOWROYD GROUP OF COMPANIES

HOWROYD GROUP OF COMPANIESEIN 95-2580864Plan #005PY 2021

327 W. BROADWAY - GLENDALE, CA 91204800-872-2677

Other plans on this EIN

2 filings

#003Retirement-$64.8M assets #004Retirement-$30.4M assets

Prospect flagsLow returnsLow participationLow employer contributionLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$6.5M

-6.9% from 2020

Total participants

1,060

-6.3% from 2020

Average account balance

$34,866

+17.7% from 2020

Annual return

11.08%

-1.94 pp from 2020

Benchmarks

See 736 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort736 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-97.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 10 of 13 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 49 · EIN 84-0467907	Other Services	$3,925
AMERICAN FUNDS3 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
BLACKROCK3 years Service code 52 · EIN 51-0318674	Indirect Investment Fees	$0
COLUMBIA3 years Service code 52 · EIN 36-3376651	Indirect Investment Fees	$0
DOUBLELINE CAPITAL LP3 years Filed as: DOUBLELINE FUNDS Service code 52 · EIN 39-1982827	Indirect Investment Fees	$0
INVESCO3 years Service code 52 · EIN 84-1501338	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY3 years Filed as: JP MORGAN Service code 52 · EIN 13-3963293	Indirect Investment Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.3 years Service code 52	Indirect Investment Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSMUTUAL LIFE INS CO. Service code 52 · EIN 04-1590850	Indirect Investment Fees	$0
NORTHERN FUNDS3 years Service code 52 · EIN 36-3608252	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3H2T

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.
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

5 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$12K

$13 / participant

Investment mgmt$4K32.7%
Contract admin$8K64.8%
Other / not subdivided$2982.4%

% of EOY assets

0.189%

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: BPM LLP
Auditor EIN: 814234542
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,866

$41,647-16.3%

$96,192-63.8%

$86,821-59.8%

Participation rate

6.6%

50.3%-43.7pp

68.4%-61.8pp

72.3%-65.7pp

Annual return

11.08%

27.24%-16.2pp

192.09%-181.0pp

97.94%-86.9pp

Employer contribution / active EE

$1,328-100.0%

$2,799-100.0%

$2,406-100.0%

Participant deferral / active EE

$364

$2,412-84.9%

$4,351-91.6%

$4,132-91.2%

Admin fee / account holder

$66

$169-61.2%

$5,539-98.8%

$170-61.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: GREAT WEST LIFE & ANNUITY INSURANCE

Service code 49 · EIN 84-0467907

Other Services

$3,925

AMERICAN FUNDS3 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

BLACKROCK3 years

Service code 52 · EIN 51-0318674

Indirect Investment Fees

COLUMBIA3 years

Service code 52 · EIN 36-3376651

Indirect Investment Fees

DOUBLELINE CAPITAL LP3 years

Filed as: DOUBLELINE FUNDS

Service code 52 · EIN 39-1982827

Indirect Investment Fees

INVESCO3 years

Service code 52 · EIN 84-1501338

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY3 years

Filed as: JP MORGAN

Service code 52 · EIN 13-3963293

Indirect Investment Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.3 years

Service code 52

Indirect Investment Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSMUTUAL LIFE INS CO.

Service code 52 · EIN 04-1590850

Indirect Investment Fees

NORTHERN FUNDS3 years

Service code 52 · EIN 36-3608252

Indirect Investment Fees

THE ACT 1 GROUP OF COMPANIES 401(K) PLAN FOR SPECIALTY ASSOCIATES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ACT 1 GROUP OF COMPANIES 401(K) PLAN FOR SPECIALTY ASSOCIATES

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