Retirement plan

THE AM GROUP 401(K) RETIREMENT PLAN

Name: AM LITHOGRAPHY CORPORATION - THE AM GROUP 401(K) RETIREMENT PLAN (2017) Form 5500
Creator: AM LITHOGRAPHY CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE AM GROUP 401(K) RETIREMENT PLAN, AM LITHOGRAPHY CORPORATION

AM LITHOGRAPHY CORPORATIONEIN 04-2987023Plan #001PY 2017

694 CENTER ST - CHICOPEE, MA 01013413-737-9412

Prospect flagsLow fidelity bondFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.9M

+24.0% from 2016

Total participants

+1.1% from 2016

Average account balance

$81,320

+25.7% from 2016

Annual return

19.50%

+12.25 pp from 2016

Benchmarks

See 5,958 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,958 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.86M

Not enough data

1 years with asset history on file

Average account balance

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

$105K

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.

53.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$366K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3860

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

Top 10 of 12 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$14,650
COMMONWEALTH FINANCIAL NETWORK2 years Service code 26 · EIN 04-2675571	Advisory (Participants)	$10,152
AMERICAN CENTURY1 year Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0
FRANKLIN TEMPLETON1 year Filed as: FRANKLINTEMPLETON Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0
HARRIS1 year Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0
INVESCO1 year Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0
JANUS HENDERSON1 year Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK Service code 52 · EIN 04-2528977	Indirect Investment Fees	$0
MFS INVESTMENT MANAGEMENT1 year Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0
OPPENHEIMER1 year Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D2T

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.

Opportunity flags

2 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$15K

$172 / participant

Investment mgmt$14K98.3%
Contract admin$2451.7%

% of EOY assets

0.247%

all-in expense ratio

Categories reported

2 / 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: WHITTELSLY PC
Auditor EIN: 060903326
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$81,320

$67,411+20.6%

$91,004-10.6%

$70,124+16.0%

Participation rate

77.6%

71.4%+6.3pp

75.6%+2.0pp

69.5%+8.1pp

Annual return

19.50%

-40.16%+59.7pp

4.60%+14.9pp

73.14%-53.6pp

Employer contribution / active EE

$381

$1,786-78.7%

$2,456-84.5%

$2,342-83.7%

Participant deferral / active EE

$3,806

$2,823+34.9%

$3,548+7.3%

$3,332+14.2%

Admin fee / account holder

$201

$4,236-95.3%

$5,417-96.3%

$4,645-95.7%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$14,650

COMMONWEALTH FINANCIAL NETWORK2 years

Service code 26 · EIN 04-2675571

Advisory (Participants)

$10,152

AMERICAN CENTURY1 year

Service code 52 · EIN 90-0342299

Indirect Investment Fees

FRANKLIN TEMPLETON1 year

Filed as: FRANKLINTEMPLETON

Service code 52 · EIN 90-0342299

Indirect Investment Fees

HARRIS1 year

Service code 52 · EIN 90-0342299

Indirect Investment Fees

INVESCO1 year

Service code 52 · EIN 90-0342299

Indirect Investment Fees

JANUS HENDERSON1 year

Service code 52 · EIN 90-0342299

Indirect Investment Fees

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK

Service code 52 · EIN 04-2528977

Indirect Investment Fees

MFS INVESTMENT MANAGEMENT1 year

Service code 52 · EIN 90-0342299

Indirect Investment Fees

OPPENHEIMER1 year

Service code 52 · EIN 90-0342299

Indirect Investment Fees

THE AM GROUP 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE AM GROUP 401(K) RETIREMENT 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