Retirement plan

CYBERPOWER INC. 401(K) PLAN

Name: CYBERPOWER INC. - CYBERPOWER INC. 401(K) PLAN (2020) Form 5500
Creator: CYBERPOWER INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CYBERPOWER INC. 401(K) PLAN, CYBERPOWER INC.

CYBERPOWER INC.EIN 95-4674036Plan #001PY 2020

730 BALDWIN PARK BOULEVARD - CITY OF INDUSTRY, CA 91746626-813-7730

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$5.4M

+41.7% from 2019

Total participants

253

+24.6% from 2019

Average account balance

$25,500

+18.1% from 2019

Annual return

14.22%

-11.13 pp from 2019

Benchmarks

See 2,270 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,270 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.63M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

232

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

$1.24M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+10.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$505

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
AVANTAX INSURANCE AGENCY LLC1 year Filed as: AVANTAX ADVISORY SRVC (1ST GLOBAL) Service code 27 · EIN 75-2428870	Advisory (Plan)	$44,438
THE VANGUARD GROUP, INC.2 years Service code 63 · EIN 23-1945930	12b-1 Fees	$13,983

Plan features & details

Pension benefit codes2F2G2J3D

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.
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

1 tripped

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

$58K

$278 / participant

Other / not subdivided$58K100.0%

% of EOY assets

1.083%

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: THONG, YU, WONG & LEE, LLP
Auditor EIN: 710899369
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,500

$81,494-68.7%

$133,978-81.0%

$73,497-65.3%

Participation rate

79.4%

76.4%+3.0pp

79.8%-0.4pp

70.7%+8.7pp

Annual return

14.22%

19.40%-5.2pp

45.10%-30.9pp

28.51%-14.3pp

Employer contribution / active EE

$1,950

$2,210-11.8%

$3,919-50.3%

$2,270-14.1%

Participant deferral / active EE

$3,225

$3,787-14.8%

$5,047-36.1%

$3,740-13.8%

Admin fee / account holder

$276

$713-61.3%

$8,930-96.9%

$513-46.2%

Provider

Service type

Compensation

AVANTAX INSURANCE AGENCY LLC1 year

Filed as: AVANTAX ADVISORY SRVC (1ST GLOBAL)

Service code 27 · EIN 75-2428870

Advisory (Plan)

$44,438

THE VANGUARD GROUP, INC.2 years

Service code 63 · EIN 23-1945930

12b-1 Fees

$13,983

CYBERPOWER INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CYBERPOWER INC. 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