Retirement plan

LONG RIDGE FIRE COMPANY 401(K) PLAN

Name: LONG RIDGE FIRE COMPANY, INC. - LONG RIDGE FIRE COMPANY 401(K) PLAN (2018) Form 5500
Creator: LONG RIDGE FIRE COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LONG RIDGE FIRE COMPANY 401(K) PLAN, LONG RIDGE FIRE COMPANY, INC.

LONG RIDGE FIRE COMPANY, INC.EIN 06-0673947Plan #001PY 2018

366 OLD LONG RIDGE ROAD - STAMFORD, CT 06903203-322-5200longridgefire.comLinkedIn11-50 employeespublic safety

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$2.4M

-2.3% from 2017

Total participants

0.0% from 2017

Average account balance

$263,147

-2.3% from 2017

Annual return

-4.70%

-22.34 pp from 2017

Benchmarks

See 325 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants<25

Cohort325 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.34M

Not enough data

1 years with asset history on file

Average account balance

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

$334K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$155K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+10.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4309

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 codes2F2G2J2T3D2E

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$97K

$10827 / participant

Other / not subdivided$97K100.0%

% of EOY assets

4.114%

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

$263,147

$63,953+311.5%

$54,726+380.8%

$135,382+94.4%

Participation rate

100.0%

84.9%+15.1pp

79.1%+20.9pp

82.6%+17.4pp

Annual return

-4.70%

-5.77%+1.1pp

-4.56%-0.1pp

519.77%-524.5pp

Employer contribution / active EE

$9,063

$4,256+112.9%

$3,449+162.7%

$4,779+89.7%

Participant deferral / active EE

$8,271

$4,810+71.9%

$3,953+109.2%

$5,609+47.5%

Admin fee / account holder

$10,827

$4,567+137.1%

$3,818+183.6%

$10,8290%

LONG RIDGE FIRE COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LONG RIDGE FIRE 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