Retirement plan

GREEN HILLS SOFTWARE 401(K) PLAN

Name: GREEN HILLS SOFTWARE LLC - GREEN HILLS SOFTWARE 401(K) PLAN (2021) Form 5500
Creator: GREEN HILLS SOFTWARE LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREEN HILLS SOFTWARE 401(K) PLAN, GREEN HILLS SOFTWARE LLC

GREEN HILLS SOFTWARE LLCEIN 95-4079433Plan #001PY 2021

30 WEST SOLA STREET - SANTA BARBARA, CA 93101805-965-6044ghs.comLinkedIn201-500 employeescomputer software

Prospect flagsHigh assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$103.9M

+19.5% from 2020

Total participants

412

+1.5% from 2020

Average account balance

$282,300

+15.9% from 2020

Annual return

17.92%

+4.36 pp from 2020

Benchmarks

See 566 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort566 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$124.95M

Not enough data

1 years with asset history on file

Average account balance

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

$333K

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.

375

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.

85.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.37M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+16.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$70

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
BARTLETT, PRINGLE & WOLF, LLP3 years Filed as: BARTLETT PRINGLE & WOLF, LLP Service code 10 1123 CHAPALA STREET · SANTA BARBARA, CA 93190	Accounting	$12,500
MERRILL LYNCH PIERCE FENNER & SMITH7+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085	Recordkeeping	$1,386

Plan features & details

Pension benefit codes2F2G2J2R2T3D3H

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.
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.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$13K

$41 / participant

Other / not subdivided$13K100.0%

% of EOY assets

0.012%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BARTLETT, PRINGLE & WOLF, LLP
Auditor EIN: 952089835
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$282,300

$87,125+224.0%

$108,405+160.4%

$86,821+225.2%

Participation rate

85.7%

80.5%+5.2pp

80.1%+5.6pp

72.3%+13.4pp

Annual return

17.92%

25.21%-7.3pp

905.55%-887.6pp

97.94%-80.0pp

Employer contribution / active EE

$2,477-100.0%

$3,559-100.0%

$2,406-100.0%

Participant deferral / active EE

$15,724

$6,944+126.4%

$6,563+139.6%

$4,132+280.6%

Admin fee / account holder

$34

$130-73.7%

$7,297-99.5%

$170-79.8%

Provider

Service type

Compensation

BARTLETT, PRINGLE & WOLF, LLP3 years

Filed as: BARTLETT PRINGLE & WOLF, LLP

Service code 10

1123 CHAPALA STREET · SANTA BARBARA, CA 93190

Accounting

$12,500

MERRILL LYNCH PIERCE FENNER & SMITH7+ years

Filed as: MERRILL LYNCH, PIERCE, FENNER AND S

Service code 15 · EIN 13-5674085

Recordkeeping

$1,386

GREEN HILLS SOFTWARE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREEN HILLS SOFTWARE 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