Retirement plan

AB RESOURCES MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN

Name: AB RESOURCES MANAGEMENT, INC. - AB RESOURCES MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: AB RESOURCES MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AB RESOURCES MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN, AB RESOURCES MANAGEMENT, INC.

AB RESOURCES MANAGEMENT, INC.EIN 05-0625960Plan #001PY 2019

4261 BRIDLE TRAIL - AKRON, OH 44333440-922-1098

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$286K

+21.6% from 2018

Total participants

0.0% from 2018

Average account balance

$143,218

+21.6% from 2018

Annual return

21.61%

+31.02 pp from 2018

Benchmarks

See 1,730 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants<25

Cohort1,730 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$424K

Not enough data

1 years with asset history on file

Average account balance

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

$212K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1715

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 codes2E2F2J2R3D

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).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$143,218

$171,272-16.4%

$127,803+12.1%

$152,897-6.3%

Participation rate

0.0%

83.5%-83.5pp

79.0%-79.0pp

82.5%-82.5pp

Annual return

21.61%

23.54%-1.9pp

26.14%-4.5pp

345.43%-323.8pp

Employer contribution / active EE

$5,451-100.0%

$4,576-100.0%

$4,764-100.0%

Participant deferral / active EE

$7,043-100.0%

$6,023-100.0%

$5,851-100.0%

Admin fee / account holder

$14,540-100.0%

$9,399-100.0%

$11,599-100.0%

AB RESOURCES MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

AB RESOURCES MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion