Retirement plan

ADCHEM, INC. 401(K) PLAN

Name: ADCHEM, INC. - ADCHEM, INC. 401(K) PLAN (2019) Form 5500
Creator: ADCHEM, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADCHEM, INC. 401(K) PLAN, ADCHEM, INC.

ADCHEM, INC.EIN 06-1177692Plan #001PY 2019

369 PROGRESS DRIVE - MANCHESTER, CT 060400000860-645-0592acmt.aeroLinkedIn51-200 employeesaviation & aerospace

Prospect flagsLow participationLow assets / participant

How to read this page

Total assets (EOY)

$2M

+55.4% from 2018

Total participants

145

-5.2% from 2018

Average account balance

$24,529

+39.9% from 2018

Annual return

25.84%

+33.05 pp from 2018

Benchmarks

See 4,276 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,276 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.02M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

76.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$519K

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

+0.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6191

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 5 by compensation

Provider	Service type	Compensation
NATIONWIDE2 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$12,766
PENSION ASSURANCE LLP2 years Filed as: THE PENSION SERVICE INC Service code 13 127 WASHINGTON AVE, WEST WING · NORTH HAVEN, CT 06473	Contract Administrator	$4,574
LPL FINANCIAL2 years Filed as: WADDELL & REED, INC. Service code 22 6300 LAMAR AVE · SHAWNEE MISSION, KS 662019217	Insurance Broker	$2,741
IRON-CO-FID-COMPREHENSIVE2 years Filed as: IRON-CO-FID-TRADITIONAL Service code 15 630 DUNDEE RD · NORTHBROOK, IL 60062	Recordkeeping	$1,357
NATIONWIDE2 years Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 15 10 W NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215	Recordkeeping	$339

Plan features & details

Pension benefit codes2E2G2J3D2K

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.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$8K

$64 / participant

Investment mgmt$8K100.0%

% of EOY assets

0.417%

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: NICOLA, YESTER & COMPANY, P.C.
Auditor EIN: 061181787
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,529

$65,378-62.5%

$87,103-71.8%

$65,186-62.4%

Participation rate

48.8%

75.3%-26.5pp

76.9%-28.1pp

70.2%-21.4pp

Annual return

25.84%

31.28%-5.4pp

28.19%-2.3pp

29.39%-3.5pp

Employer contribution / active EE

$827

$1,823-54.6%

$2,521-67.2%

$2,177-62.0%

Participant deferral / active EE

$2,601

$3,389-23.2%

$4,049-35.7%

$3,514-26.0%

Admin fee / account holder

$102

$520-80.3%

$7,491-98.6%

$847-87.9%

Provider

Service type

Compensation

NATIONWIDE2 years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$12,766

PENSION ASSURANCE LLP2 years

Filed as: THE PENSION SERVICE INC

Service code 13

127 WASHINGTON AVE, WEST WING · NORTH HAVEN, CT 06473

Contract Administrator

$4,574

LPL FINANCIAL2 years

Filed as: WADDELL & REED, INC.

Service code 22

6300 LAMAR AVE · SHAWNEE MISSION, KS 662019217

Insurance Broker

$2,741

IRON-CO-FID-COMPREHENSIVE2 years

Filed as: IRON-CO-FID-TRADITIONAL

Service code 15

630 DUNDEE RD · NORTHBROOK, IL 60062

Recordkeeping

$1,357

NATIONWIDE2 years

Filed as: NATIONWIDE LIFE INSURANCE COMPANY

Service code 15

10 W NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215

Recordkeeping

$339

ADCHEM, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADCHEM, INC. 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