Retirement plan

H & B TOOL & ENGINEERING CO., INC. 401(K) PLAN AND TRUST

Name: H & B TOOL & ENGINEERING CO., INC. - H & B TOOL & ENGINEERING CO., INC. 401(K) PLAN AND TRUST (2020) Form 5500
Creator: H & B TOOL & ENGINEERING CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, H & B TOOL & ENGINEERING CO., INC. 401(K) PLAN AND TRUST, H & B TOOL & ENGINEERING CO., INC.

H & B TOOL & ENGINEERING CO., INC.EIN 06-0757756Plan #002PY 2020

481 SULLIVAN AVENUE - SOUTH WINDSOR, CT 06074860-528-9341

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$6.4M

+15.4% from 2019

Total participants

+5.4% from 2019

Average account balance

$162,991

+9.4% from 2019

Annual return

12.76%

-4.86 pp from 2019

Benchmarks

See 26,422 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,422 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.72M

Not enough data

1 years with asset history on file

Average account balance

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

$1.4M

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

+6.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$29013

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

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

$162,991

$98,766+65.0%

$149,730+8.9%

$79,852+104.1%

Participation rate

100.0%

75.8%+24.2pp

82.5%+17.5pp

69.6%+30.4pp

Annual return

12.76%

27.43%-14.7pp

276.70%-263.9pp

31.72%-19.0pp

Employer contribution / active EE

$921

$3,217-71.4%

$4,645-80.2%

$2,471-62.7%

Participant deferral / active EE

$2,860

$5,681-49.7%

$6,843-58.2%

$3,740-23.5%

Admin fee / account holder

$6,052-100.0%

$9,310-100.0%

$5,306-100.0%

H & B TOOL & ENGINEERING CO., INC. 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

H & B TOOL & ENGINEERING CO., INC. 401(K) PLAN AND TRUST

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