Retirement plan

ALBINI FUNERAL HOME, INC. 401(K) PROFIT SHARING PLAN

Name: ALBINI FUNERAL HOME, INC. - ALBINI FUNERAL HOME, INC. 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: ALBINI FUNERAL HOME, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALBINI FUNERAL HOME, INC. 401(K) PROFIT SHARING PLAN, ALBINI FUNERAL HOME, INC.

ALBINI FUNERAL HOME, INC.EIN 06-0740921Plan #002PY 2021

430 CHASE PARKWAY - WATERBURY, CT 06708203-574-1313

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.6M

+34.5% from 2020

Total participants

+7.7% from 2020

Average account balance

$141,427

+22.2% from 2020

Annual return

27.16%

+23.88 pp from 2020

Benchmarks

See 37,618 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort37,618 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.33M

Not enough data

1 years with asset history on file

Average account balance

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

$259K

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.

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$149K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+13.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2G3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$40K

$3988 / participant

Other / not subdivided$40K100.0%

% of EOY assets

2.563%

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

$141,427

$109,872+28.7%

$98,483+43.6%

$167,536-15.6%

Participation rate

70.0%

75.8%-5.8pp

73.3%-3.3pp

82.1%-12.1pp

Annual return

27.16%

1959.31%-1932.2pp

1494.38%-1467.2pp

478.82%-451.7pp

Employer contribution / active EE

$4,056

$3,225+25.8%

$2,961+37.0%

$4,839-16.2%

Participant deferral / active EE

$8,382

$4,673+79.4%

$4,276+96.0%

$6,342+32.2%

Admin fee / account holder

$3,625

$6,757-46.4%

$5,953-39.1%

$12,315-70.6%

ALBINI FUNERAL HOME, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALBINI FUNERAL HOME, INC. 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