Retirement plan

LENLYN LIMITED 401(K) PLAN

Name: LENLYN LIMITED DBA ICE CURRENCY SERVICES - LENLYN LIMITED 401(K) PLAN (2016) Form 5500
Creator: LENLYN LIMITED DBA ICE CURRENCY SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LENLYN LIMITED 401(K) PLAN, LENLYN LIMITED DBA ICE CURRENCY SERVICES

LENLYN LIMITED DBA ICE CURRENCY SERVICESEIN 95-3919400Plan #001PY 2016

6151 W. CENTURY BLVD. #1108 - LOS ANGELES, CA 90045310-417-3432LinkedIn51-200 employeesinvestment banking

Prospect flagsLow returnsLow participationLow assets / participantLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$1.5M

No prior year

Total participants

131

No prior year

Average account balance

$22,745

No prior year

Annual return

6.51%

No prior year

Benchmarks

See 2,214 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,214 peers

Snapshot2016

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$4.17M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

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.

56.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$444K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+14.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2450

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
ASPIRE FINANCIAL SERVICES2+ years Service code 15 4010 BOYSCOTT · TAMPA, FL 33607	Recordkeeping	$2,427
IRON-CO-FID-COMPREHENSIVE2+ years Filed as: IRON ADMINISTRATION, LLC Service code 37 630 DUNDEE RD · NORTHBROOK, IL 60062	Loan Processing	$737
TD AMERITRADE, INC.2+ years Filed as: AMERITRADE TRUST COMPANY Service code 19 · EIN 20-0937408 PO BOX 17748 · DENVER, CO 80217	Securities Custodian	$443
IRON-CO-FID-COMPREHENSIVE2+ years Filed as: IRON FINANCIAL, LLC Service code 27 630 DUNDEE ROAD · NORTHBROOK, IL 60062	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

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.
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

$10K

$85 / participant

Investment mgmt$7K71.0%
Contract admin$3K27.5%
Other / not subdivided$1501.4%

% of EOY assets

0.684%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: AUDIT AND TAX SOLUTIONS, CPAS, INC.
Auditor EIN: 943211753
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,745

$74,089-69.3%

$133,980-83.0%

$55,167-58.8%

Participation rate

47.5%

84.3%-36.7pp

87.1%-39.5pp

69.0%-21.4pp

Annual return

6.51%

12.11%-5.6pp

29.30%-22.8pp

169.23%-162.7pp

Employer contribution / active EE

$587

$3,064-80.8%

$5,211-88.7%

$1,963-70.1%

Participant deferral / active EE

$1,633

$4,678-65.1%

$6,282-74.0%

$3,054-46.5%

Admin fee / account holder

$156

$458-66.0%

$9,324-98.3%

$504-69.1%

Provider

Service type

Compensation

ASPIRE FINANCIAL SERVICES2+ years

Service code 15

4010 BOYSCOTT · TAMPA, FL 33607

Recordkeeping

$2,427

IRON-CO-FID-COMPREHENSIVE2+ years

Filed as: IRON ADMINISTRATION, LLC

Service code 37

630 DUNDEE RD · NORTHBROOK, IL 60062

Loan Processing

$737

TD AMERITRADE, INC.2+ years

Filed as: AMERITRADE TRUST COMPANY

Service code 19 · EIN 20-0937408

PO BOX 17748 · DENVER, CO 80217

Securities Custodian

$443

IRON-CO-FID-COMPREHENSIVE2+ years

Filed as: IRON FINANCIAL, LLC

Service code 27

630 DUNDEE ROAD · NORTHBROOK, IL 60062

Advisory (Plan)

LENLYN LIMITED 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LENLYN LIMITED 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