Retirement plan

COMPANY 401(K) PLAN

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

COMPANY 401(K) PLANEIN 02-0308210Plan #001PY 2020

41 UNION STREET, P.O. BOX 4105 - MANCHESTER, NH 03108603-627-7887

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$37M

+7.3% from 2019

Total participants

492

-7.5% from 2019

Average account balance

$102,096

+15.6% from 2019

Annual return

9.00%

-11.69 pp from 2019

Benchmarks

See 2,346 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,346 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$38.11M

Not enough data

1 years with asset history on file

Average account balance

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

$118K

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.

322

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.

63.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.26M

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

+11.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$50

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
KESTRA INVESTMENT SERVICES LLC4 years Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359	Advisory (Plan)	$22,500
WIPFLI LLP1 year Filed as: WIPFLI Service code 10 · EIN 39-0758449	Accounting	$13,800
MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC Service code 26 · EIN 26-1589907	Advisory (Participants)	$8,483
GALLAGHER FIDUCIARY ADVISORS, LLC1 year Filed as: GALLAGHER BENEFIT SERVICES, INC Service code 27 · EIN 36-4291971	Advisory (Plan)	$7,500
FIDELITY INVESTMENTS INSTITUTIONAL1 year Service code 37 · EIN 04-2647786	Loan Processing	-$10,721

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$42K

$94 / participant

Investment mgmt$30K72.2%
Other / not subdivided$12K27.8%

% of EOY assets

0.112%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$102,096

$79,519+28.4%

$95,960+6.4%

$73,412+39.1%

Participation rate

70.7%

81.2%-10.5pp

77.1%-6.4pp

72.2%-1.5pp

Annual return

9.00%

19.20%-10.2pp

91.63%-82.6pp

59.30%-50.3pp

Employer contribution / active EE

$954

$2,048-53.4%

$2,541-62.5%

$2,234-57.3%

Participant deferral / active EE

$3,555

$4,138-14.1%

$4,167-14.7%

$3,806-6.6%

Admin fee / account holder

$115

$184-37.7%

$6,797-98.3%

$158-27.3%

Provider

Service type

Compensation

KESTRA INVESTMENT SERVICES LLC4 years

Filed as: KESTRA ADVISORY SERVICES, LLC

Service code 27 · EIN 35-2552359

Advisory (Plan)

$22,500

WIPFLI LLP1 year

Filed as: WIPFLI

Service code 10 · EIN 39-0758449

Accounting

$13,800

MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years

Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC

Service code 26 · EIN 26-1589907

Advisory (Participants)

$8,483

GALLAGHER FIDUCIARY ADVISORS, LLC1 year

Filed as: GALLAGHER BENEFIT SERVICES, INC

Service code 27 · EIN 36-4291971

Advisory (Plan)

$7,500

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Service code 37 · EIN 04-2647786

Loan Processing

-$10,721

COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMPANY 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