Retirement plan

ARM, INC. 401(K) SAVINGS PLAN

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

ARM, INC.EIN 98-0443443Plan #001PY 2020

5707 SOUTHWEST PARKWAY, BUILDING 1, SUITE 100 - AUSTIN, TX 78735408-576-1508

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$356.8M

-15.5% from 2016

Total participants

1,939

-9.7% from 2016

Average account balance

$186,328

-6.1% from 2016

Annual return

17.68%

-8.58 pp from 2016

Benchmarks

See 763 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort763 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$533.14M

Not enough data

1 years with asset history on file

Average account balance

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

$256K

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.

2,082

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.

97.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$55.45M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$36K

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

+17.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$104

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 5 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.3 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$142,879
CAPFINANCIAL PARTNERS LLC3 years Service code 28 · EIN 26-0058143	Investment Management	$75,264
MAXWELL LOCKE & RITTER LLP6+ years Service code 10 · EIN 74-2900215	Accounting	$25,500
CHARLES SCHWAB & CO., INC.2 years Service code 33 · EIN 94-1737782	Direct payment from the plan; Float r...	$216
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2F2G2J2K2S2T3D3F

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.
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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$244K

$167 / participant

Investment mgmt$76K31.1%
Other / not subdivided$168K68.9%

% of EOY assets

0.068%

all-in expense ratio

Categories reported

1 / 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: MAXWELL LOCKE & RITTER LLP
Auditor EIN: 742900215
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$186,328

$176,471+5.6%

$95,968+94.2%

$90,274+106.4%

Participation rate

98.4%

86.6%+11.8pp

77.1%+21.3pp

73.4%+25.0pp

Annual return

17.68%

20.15%-2.5pp

91.65%-74.0pp

53.97%-36.3pp

Employer contribution / active EE

$9,949

$2,783+257.5%

$2,542+291.5%

$2,523+294.3%

Participant deferral / active EE

$17,760

$5,325+233.5%

$4,167+326.2%

$4,231+319.8%

Admin fee / account holder

$127

$154-17.3%

$6,798-98.1%

$114+11.8%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.3 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$142,879

CAPFINANCIAL PARTNERS LLC3 years

Service code 28 · EIN 26-0058143

Investment Management

$75,264

MAXWELL LOCKE & RITTER LLP6+ years

Service code 10 · EIN 74-2900215

Accounting

$25,500

CHARLES SCHWAB & CO., INC.2 years

Service code 33 · EIN 94-1737782

Direct payment from the plan; Float r...

$216

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL

Service code 59

Shareholder Servicing

ARM, INC. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARM, INC. 401(K) SAVINGS 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