Retirement plan

AIR COMPRESSOR ENGINEERING CO., INC. PROFIT SHARING PLAN AND EMPLOYEE 401(K)

Name: AIR COMPRESSOR ENGINEERING CO., INC. - AIR COMPRESSOR ENGINEERING CO., INC. PROFIT SHARING PLAN AND EMPLOYEE 401(K) (2017) Form 5500
Creator: AIR COMPRESSOR ENGINEERING CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AIR COMPRESSOR ENGINEERING CO., INC. PROFIT SHARING PLAN AND EMPLOYEE 401(K), AIR COMPRESSOR ENGINEERING CO., INC.

AIR COMPRESSOR ENGINEERING CO., INC.EIN 04-2295963Plan #001PY 2017

P.O. BOX 738 - WESTFIELD, MA 010860738413-568-2884aircompressoreng.comLinkedIn51-200 employeesbusiness supplies and equipment

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$13.2M

+17.5% from 2016

Total participants

-1.5% from 2016

Average account balance

$199,677

+19.2% from 2016

Annual return

14.43%

+7.98 pp from 2016

Benchmarks

See 7,913 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,913 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.19M

Not enough data

1 years with asset history on file

Average account balance

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

$313K

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.

91.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+13.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$32705

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$203K

$3976 / participant

Other / not subdivided$203K100.0%

% of EOY assets

1.539%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$199,677

$53,127+275.8%

$86,597+130.6%

$70,131+184.7%

Participation rate

98.0%

65.3%+32.7pp

73.5%+24.5pp

69.5%+28.5pp

Annual return

14.43%

27.66%-13.2pp

964.96%-950.5pp

73.14%-58.7pp

Employer contribution / active EE

$4,412

$2,068+113.3%

$2,840+55.4%

$2,342+88.3%

Participant deferral / active EE

$6,111

$2,696+126.7%

$3,609+69.3%

$3,332+83.4%

Admin fee / account holder

$3,072

$3,585-14.3%

$4,906-37.4%

$4,645-33.9%

AIR COMPRESSOR ENGINEERING CO., INC. PROFIT SHARING PLAN AND EMPLOYEE 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AIR COMPRESSOR ENGINEERING CO., INC. PROFIT SHARING PLAN AND EMPLOYEE 401(K)

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