Retirement plan

GLOBAL RETIREMENT SOLUTIONS 401(K) PLAN

Name: CHIPTON-ROSS, INC. - GLOBAL RETIREMENT SOLUTIONS 401(K) PLAN (2017) Form 5500
Creator: CHIPTON-ROSS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GLOBAL RETIREMENT SOLUTIONS 401(K) PLAN, CHIPTON-ROSS, INC.

CHIPTON-ROSS, INC.EIN 95-3889434Plan #001PY 2017

343 MAIN ST - EL SEGUNDO, CA 90245310-414-7800chiptonross.comLinkedIn501-1000 employeesstaffing and recruiting

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$29.8M

+15.0% from 2016

Total participants

2,283

+39.9% from 2016

Average account balance

$15,528

-49.9% from 2016

Annual return

17.32%

+7.83 pp from 2016

Benchmarks

See 299 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort299 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$44.37M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

1,884

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.

25.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$71

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
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 37 · EIN 04-2647786	Loan Processing	$75,060
MEIR AND MEIR1 year Filed as: MEIR & MEIR, CPA'S Service code 10 · EIN 95-4359536	Accounting	$6,906

Plan features & details

Pension benefit codes2G2J2R2F2S2T3D

Plan features

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.
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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$81K

$42 / participant

Other / not subdivided$81K100.0%

% of EOY assets

0.272%

all-in expense ratio

Categories reported

0 / 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: MEIR AND MEIR, LLP
Auditor EIN: 954359536
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,528

$43,717-64.5%

$81,473-80.9%

$77,958-80.1%

Participation rate

81.1%

42.5%+38.6pp

68.0%+13.1pp

71.6%+9.4pp

Annual return

17.32%

23.83%-6.5pp

38.78%-21.5pp

20.87%-3.5pp

Employer contribution / active EE

$919-100.0%

$2,568-100.0%

$2,310-100.0%

Participant deferral / active EE

$1,706

$1,783-4.3%

$3,537-51.8%

Admin fee / account holder

$42

$108-60.8%

$4,561-99.1%

$97-56.6%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 37 · EIN 04-2647786

Loan Processing

$75,060

MEIR AND MEIR1 year

Filed as: MEIR & MEIR, CPA'S

Service code 10 · EIN 95-4359536

Accounting

$6,906

GLOBAL RETIREMENT SOLUTIONS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLOBAL RETIREMENT SOLUTIONS 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