Retirement plan

EAGLE LEASING COMPANY SECTION 401(K) PROFIT SHARING PLAN

Name: EAGLE LEASING COMPANY - EAGLE LEASING COMPANY SECTION 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: EAGLE LEASING COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EAGLE LEASING COMPANY SECTION 401(K) PROFIT SHARING PLAN, EAGLE LEASING COMPANY

EAGLE LEASING COMPANYEIN 06-0838406Plan #002PY 2016

ONE IRVING EAGLE PLACE - ORANGE, CT 06477203-795-5661eagleleasing.comLinkedIn51-200 employeestransportation/trucking/railroad

Other plans on this EIN

1 filing

#004Retirement-$2.0M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$17.3M

No prior year

Total participants

142

No prior year

Average account balance

$124,425

No prior year

Annual return

10.88%

No prior year

Benchmarks

See 896 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort896 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$33.52M

Not enough data

1 years with asset history on file

Average account balance

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

$194K

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.

173

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.

90.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$760K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+30.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$337

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 2 by compensation

Provider	Service type	Compensation
NATIONWIDE1+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$42,853
PENSION ASSURANCE LLP1+ years Filed as: THE PENSION SERVICE, INC. Service code 15 127 WASHINGTON AVENUE · NORTH HAVEN, CT 06473	Recordkeeping	$3,380

Plan features & details

Pension benefit codes2A2E2F2G2J

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.

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

$46K

$373 / participant

Investment mgmt$46K100.0%

% of EOY assets

0.267%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$124,425

$50,898+144.5%

$171,082-27.3%

$55,167+125.5%

Participation rate

97.6%

63.3%+34.3pp

76.7%+20.9pp

69.0%+28.6pp

Annual return

10.88%

15.34%-4.5pp

32.56%-21.7pp

169.23%-158.4pp

Employer contribution / active EE

$3,672

$1,433+156.2%

$4,002-8.2%

$1,963+87.1%

Participant deferral / active EE

$2,387

$2,994-20.3%

$4,797-50.2%

$3,054-21.8%

Admin fee / account holder

$333

$500-33.4%

$8,520-96.1%

$504-34.0%

Provider

Service type

Compensation

NATIONWIDE1+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$42,853

PENSION ASSURANCE LLP1+ years

Filed as: THE PENSION SERVICE, INC.

Service code 15

127 WASHINGTON AVENUE · NORTH HAVEN, CT 06473

Recordkeeping

$3,380

EAGLE LEASING COMPANY SECTION 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EAGLE LEASING COMPANY SECTION 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