Retirement plan

ALL WASTE, INC. 401(K) PROFIT SHARING PLAN

Name: ALL WASTE, INC. - ALL WASTE, INC. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: ALL WASTE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALL WASTE, INC. 401(K) PROFIT SHARING PLAN, ALL WASTE, INC.

ALL WASTE, INC.EIN 06-1271683Plan #001PY 2022

143 MURPHY ROAD - HARTFORD, CT 06114860-724-4575allwaste.comLinkedIn51-200 employeesenvironmental services

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$22.5M

-16.7% from 2021

Total participants

196

+24.1% from 2021

Average account balance

$151,063

-11.7% from 2021

Annual return

-18.80%

-36.08 pp from 2021

Benchmarks

See 1,186 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,186 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.55M

Not enough data

1 years with asset history on file

Average account balance

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

$176K

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.

168

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.52M

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

+16.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$326

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 6 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT INSURANCE Service code 64 · EIN 84-0467907	Recordkeeping Fees	$2,557
COHNREZNICK LLP7 years Service code 10 1212 AVENUE OF THE AMERICAS · NEW YORK, NY 10036	Accounting	$0
MORGAN STANLEY SMITH BARNEY7 years Filed as: MORGAN STANLEY INSURANCE SERVICES I Service code 55	Other Commissions	$0
MORGAN STANLEY SMITH BARNEY7 years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 55 1 NEW YORK PLAZA 12TH FLOOR · NEW YORK, NY 10004	Other Commissions	$0
MORNINGSTAR2 years Service code 27	Advisory (Plan)	$0
ADP BROKER-DEALER8+ years Filed as: PENSION CONSULTANTS, INC. Service code 13 74 BATTERSON PARK ROAD · FARMINGTON, CT 06032	Contract Administrator	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K2R2T3D3H

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.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$49K

$330 / participant

Contract admin$40K82.4%
Other / not subdivided$9K17.6%

% of EOY assets

0.218%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN LLO
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$151,063

$37,463+303.2%

$77,096+95.9%

$66,938+125.7%

Participation rate

68.5%

52.9%+15.5pp

67.9%+0.5pp

69.8%-1.4pp

Annual return

-18.80%

-3.25%-15.6pp

42.35%-61.1pp

1.58%-20.4pp

Employer contribution / active EE

$4,540

$1,535+195.8%

$2,814+61.3%

$2,545+78.4%

Participant deferral / active EE

$4,538

$2,621+73.1%

$4,429+2.5%

$4,238+7.1%

Admin fee / account holder

$330

$568-42.0%

$5,428-93.9%

$594-44.5%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT INSURANCE

Service code 64 · EIN 84-0467907

Recordkeeping Fees

$2,557

COHNREZNICK LLP7 years

Service code 10

1212 AVENUE OF THE AMERICAS · NEW YORK, NY 10036

Accounting

MORGAN STANLEY SMITH BARNEY7 years

Filed as: MORGAN STANLEY INSURANCE SERVICES I

Service code 55

Other Commissions

MORGAN STANLEY SMITH BARNEY7 years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 55

1 NEW YORK PLAZA 12TH FLOOR · NEW YORK, NY 10004

Other Commissions

MORNINGSTAR2 years

Service code 27

Advisory (Plan)

ADP BROKER-DEALER8+ years

Filed as: PENSION CONSULTANTS, INC.

Service code 13

74 BATTERSON PARK ROAD · FARMINGTON, CT 06032

Contract Administrator

ALL WASTE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALL WASTE, 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