Retirement plan

APEX LOGISTICS INTERNATIONAL 401(K) PROFIT SHARING PLAN

Name: APEX LOGISTICS INTERNATIONAL - APEX LOGISTICS INTERNATIONAL 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: APEX LOGISTICS INTERNATIONAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, APEX LOGISTICS INTERNATIONAL 401(K) PROFIT SHARING PLAN, APEX LOGISTICS INTERNATIONAL

APEX LOGISTICS INTERNATIONALEIN 05-0563112Plan #001PY 2022

18554 S. SUSANA ROAD - RANCHO DOMINGUEZ, CA 90221310-735-8248apexglobe.comLinkedIn1001-5000 employeeslogistics and supply chain

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$11.3M

+8.5% from 2021

Total participants

667

+17.8% from 2021

Average account balance

$22,489

-2.8% from 2021

Annual return

-18.32%

-34.60 pp from 2021

Benchmarks

See 934 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort934 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.13M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

517

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.

62.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.80M

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

+18.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$134

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 4 by compensation

Provider	Service type	Compensation
ACTUARIAL BENEFITS CORP1 year Filed as: ACTUARIAL BENEFITS CORP. Service code 13 · EIN 20-1054428 2790 SKYPARK DR. STE 300 · TORRANCE, CA 90505	Contract Administrator	$0
AMERICAN FUNDS6 years Filed as: CAPITAL RESEARCH & MANAGEMENT CO. Service code 15 · EIN 95-6817943	Recordkeeping	$0
CREATIVE PLANNING LLC1 year Filed as: CREATIVE PLANNING Service code 49 777 S FIGUEROA ST FL 52ND · LOS ANGELES, CA 900175800	Other Services	$0
NORTH AMERICAN KTRADE ALLIANCE, LLC6 years Filed as: NORTH SHORE WEALTH PARTNERS INC. Service code 49	Other Services	$0

Plan features & details

Pension benefit codes2G2J2K2T3D

Plan features

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

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

$28K

$49 / participant

Contract admin$28K100.0%

% of EOY assets

0.248%

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: ROSENBLATT, LEVITTAN, VULPIS, GOETZ
Auditor EIN: 112119971
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,489

$47,766-52.9%

$82,744-72.8%

$64,819-65.3%

Participation rate

70.7%

67.7%+3.0pp

72.6%-1.9pp

71.5%-0.8pp

Annual return

-18.32%

-13.06%-5.3pp

702.22%-720.5pp

32.84%-51.2pp

Employer contribution / active EE

$1,351

$2,182-38.1%

$3,008-55.1%

$2,507-46.1%

Participant deferral / active EE

$4,040

$3,332+21.2%

$4,395-8.1%

$4,311-6.3%

Admin fee / account holder

$56

$143-61.0%

$5,325-99.0%

$188-70.3%

Provider

Service type

Compensation

ACTUARIAL BENEFITS CORP1 year

Filed as: ACTUARIAL BENEFITS CORP.

Service code 13 · EIN 20-1054428

2790 SKYPARK DR. STE 300 · TORRANCE, CA 90505

Contract Administrator

AMERICAN FUNDS6 years

Filed as: CAPITAL RESEARCH & MANAGEMENT CO.

Service code 15 · EIN 95-6817943

Recordkeeping

CREATIVE PLANNING LLC1 year

Filed as: CREATIVE PLANNING

Service code 49

777 S FIGUEROA ST FL 52ND · LOS ANGELES, CA 900175800

Other Services

NORTH AMERICAN KTRADE ALLIANCE, LLC6 years

Filed as: NORTH SHORE WEALTH PARTNERS INC.

Service code 49

Other Services

APEX LOGISTICS INTERNATIONAL 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

APEX LOGISTICS INTERNATIONAL 401(K) PROFIT SHARING 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