Retirement plan

QED, INC. 401K PROFIT SHARING PLAN

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

QED, INC.EIN 95-4511561Plan #002PY 2015

2920 S. HALLADAY ST. - SANTA ANA, CA 92705714-546-6010LinkedIn1-10 employees

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$2.2M

No prior year

Total participants

No prior year

Average account balance

$52,121

No prior year

Annual return

-61.52%

No prior year

Benchmarks

See 13,685 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort13,685 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.59M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

163.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$297K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+719.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3404

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$36,060
LANG, LANG & CO., CPA'S1+ years Filed as: LANG, LANG & CO., CPA Service code 13 191 E. MAIN ST., SUITE 2A · TUSTIN, CA 92780	Contract Administrator	$28,760
CHANNEL WEALTH LLC1+ years Filed as: CHANNEL ISLANDS FINANCIAL GROUP Service code 27 121 N. FIR STREET, SUITE G · VENTURA, CA 92121	Advisory (Plan)	$21,565
KIECKHAFER SCHIFFER LLP1+ years Filed as: KIECKHAFER, SCHIFFER & CO., LLP Service code 10 6201 OAK CANYON DRIVE, SUITE 200 · IRVINE, CA 92618	Accounting	$16,500

Plan features & details

Pension benefit codes2A2E2G2J

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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$81K

$2614 / participant

Investment mgmt$22K26.6%
Contract admin$29K35.5%
Other / not subdivided$31K37.9%

% of EOY assets

3.701%

all-in expense ratio

Categories reported

2 / 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: KIECKHAFER, SCHIFFER & CO., LLP
Auditor EIN: 330688321
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,121

$56,197-7.3%

$67,652-23.0%

$59,633-12.6%

Participation rate

100.0%

71.5%+28.5pp

75.7%+24.3pp

68.7%+31.3pp

Annual return

-61.52%

18508.10%-18569.6pp

6625.40%-6686.9pp

2041.45%-2103.0pp

Employer contribution / active EE

$1,831

$1,615+13.4%

$2,266-19.2%

$2,203-16.9%

Participant deferral / active EE

$8,490

$2,844+198.6%

$3,560+138.5%

$3,192+166.0%

Admin fee / account holder

$1,929

$3,958-51.3%

$4,821-60.0%

$4,297-55.1%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$36,060

LANG, LANG & CO., CPA'S1+ years

Filed as: LANG, LANG & CO., CPA

Service code 13

191 E. MAIN ST., SUITE 2A · TUSTIN, CA 92780

Contract Administrator

$28,760

CHANNEL WEALTH LLC1+ years

Filed as: CHANNEL ISLANDS FINANCIAL GROUP

Service code 27

121 N. FIR STREET, SUITE G · VENTURA, CA 92121

Advisory (Plan)

$21,565

KIECKHAFER SCHIFFER LLP1+ years

Filed as: KIECKHAFER, SCHIFFER & CO., LLP

Service code 10

6201 OAK CANYON DRIVE, SUITE 200 · IRVINE, CA 92618

Accounting

$16,500

QED, INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

QED, INC. 401K 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