Retirement plan

ALDIN ASSOCIATES LIMITED PARTNERSHIP 401(K) PROFIT SHARING PLAN AND TRUST

Name: ALDIN ASSOCIATES LIMITED PARTNERSHIP - ALDIN ASSOCIATES LIMITED PARTNERSHIP 401(K) PROFIT SHARING PLAN AND TRUST (2015) Form 5500
Creator: ALDIN ASSOCIATES LIMITED PARTNERSHIP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALDIN ASSOCIATES LIMITED PARTNERSHIP 401(K) PROFIT SHARING PLAN AND TRUST, ALDIN ASSOCIATES LIMITED PARTNERSHIP

ALDIN ASSOCIATES LIMITED PARTNERSHIPEIN 06-1072370Plan #001PY 2015

77 STERLING ROAD - EAST HARTFORD, CT 06108860-282-0651chuckysfoodstore.comLinkedIn11-50 employeesretail

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$3.7M

No prior year

Total participants

152

No prior year

Average account balance

$25,257

No prior year

Annual return

5.20%

No prior year

Benchmarks

See 2,153 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,153 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.33M

Not enough data

1 years with asset history on file

Average account balance

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

$163K

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.

49.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$447K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12580

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

Top 1 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY1+ years Filed as: JOHN HANCOCK LIFE INS CO USA Service code 15 · EIN 01-0233346	Recordkeeping	$300

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$12K

$106 / participant

Other / not subdivided$12K100.0%

% of EOY assets

0.325%

all-in expense ratio

Categories reported

0 / 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: COHNREZNICK LLP
Auditor EIN: 221478099
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,257

$39,245-35.6%

$64,105-60.6%

$52,331-51.7%

Participation rate

94.7%

58.2%+36.5pp

68.2%+26.5pp

68.1%+26.6pp

Annual return

5.20%

14.79%-9.6pp

791.24%-786.0pp

4.54%+0.7pp

Employer contribution / active EE

$823

$736+11.8%

$1,820-54.8%

$1,882-56.3%

Participant deferral / active EE

$1,499

$1,992-24.7%

$2,822-46.9%

$3,022-50.4%

Admin fee / account holder

$82

$592-86.2%

$4,499-98.2%

$592-86.1%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY1+ years

Filed as: JOHN HANCOCK LIFE INS CO USA

Service code 15 · EIN 01-0233346

Recordkeeping

$300

ALDIN ASSOCIATES LIMITED PARTNERSHIP 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALDIN ASSOCIATES LIMITED PARTNERSHIP 401(K) PROFIT SHARING PLAN AND TRUST

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