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Modus Ediscovery, Inc.

Form 5500 Data
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

Modus Ediscovery, Inc.

69
Form 5500 Data
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

Overview

Plan Rating

BrightScope Rating
69
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (25)
Average in Peer Group (65)
Highest in Peer Group (83)

Plan Description

Modus Ediscovery, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 35% of plans for Participation Rate and Salary Deferral. Modus Ediscovery, Inc. 401k Plan currently has fewer than 100 active participants and over $688.2K in plan assets.

Did you know?

For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (69) and the top rated plan (83) could equate to:
7
Additional years of work
110,017
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2016
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 1331 F Street Nw Suite 825
  • Location
    Washington , DC
    • 20004
  • Industry
    Professional, Scientific, and Technical Services
  • Administrator
    John Crites
  • Net Plan Assets
    $690,000
  • Total Participants
    64
  • Avg Account Balance
    $11,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

Participation Rate:
Above Average
Salary Deferrals:
Above Average
Account Balance:
Poor

Design

Total Plan Cost:
Average Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Great
Salary Deferrals:
Great
Account Balance:
Average

Peer Group Plans

Company Rating
Federated Payment Systems, LLC 66.5
Litigation Services Management, LLC 65.5
Richard A. Ciummo & Associates 61.5
OmniVere, LLC 57.7
Hielan Payroll, LLC 55.3
Dean Morris, LLP 49.9
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Top Industry Articles

exclusives
Inheritance Pathways Exist to Replace Stretch IRAs
The SECURE Act is stalled in the U.S. Senate due in part to several lawmakers’ concerns that it does away with so-called “stretch IRAs,” but tax and inheritance experts say other effective tax mitigation strategies are available.
September 20, 2019
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‘Stretch IRAs,’ Multigenerational Inheritance and the SECURE Act
Low and middle-income Americans struggling to save for retirement are depending on the U.S. Senate to pass the SECURE Act, advocates say. At present, one roadblock seems to the law’s treatment of “stretch IRAs.”
August 14, 2019
Compliance
Prudential Investment Management Consents to FINRA Censure

FINRA says a lapse in sufficient supervision led to retirement plan clients being supplied with inaccurate investment expense ratio and performance information.

January 17, 2020
Products
Closing of Schwab ETF OneSource Reflects Market’s Fee Concerns

Launched in 2013, the platform originally allowed clients to buy and sell about 100 exchange-traded funds with no online trade commissions. Since then, investors’ expectations about fees and commissions have shifted dramatically.

January 22, 2020
Products
2019 Adviser Choice Awards

PLANADVISER has announced winners of the sixth annual Adviser Choice Awards, to be handed out at the 2020 PLANSPONSOR + PLANADVISER Excellence in Retirement Awards on March 26th.

January 23, 2020

Investments

Investment Menu Stats

# of Investment Options

21

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Empower Lifetime I 68%
N/A
Great-West S&P 500 Index 9%
N/A
Great-West Moderately Aggressive Profile II 5%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan
for Asset Managers

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Empower
Investment Adviser
LPL Financial Corp. (NRP)
Recordkeeper
Empower
Auditor
Elliot Davis PLLC

Articles and Questions

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Popular Questions

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