Retirement plan

AXEL JOHNSON INC. RETIREMENT PLAN

Name: AXEL JOHNSON INC. - AXEL JOHNSON INC. RETIREMENT PLAN (2022) Form 5500
Creator: AXEL JOHNSON INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AXEL JOHNSON INC. RETIREMENT PLAN, AXEL JOHNSON INC.

AXEL JOHNSON INC.EIN 06-1600707Plan #001PY 2022

1 LANDMARK SQUARE, STE 407 - STAMFORD, CT 069013530646-291-2445

Other plans on this EIN

1 filing

#002Retirement-$157.0M assets

Prospect flagsHigh retiree %Low returnsLow employer contributionWind-down / frozen

How to read this page

Total assets (EOY)

$77.8M

-1.1% from 2016

Total participants

1,689

+0.4% from 2016

Average account balance

No prior year

Annual return

-21.15%

-7.95 pp from 2016

Benchmarks

See 100 peers

Peer group

Industryany (size+type match)

Plan typeDefined benefit

Cohort100 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$78.71M

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.

1,545

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$35K

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

+3.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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Service providers

Top 7 by compensation

Provider	Service type	Compensation
ROCATON INVESTMENT ADVISORS, LLC8+ years Filed as: ROCATON INVESTMENT ADVISORS Service code 27 · EIN 20-0558591	Advisory (Plan)	$132,343
PRINCIPAL LIFE INSURANCE COMPANY1 year Filed as: PRINCIPAL Service code 21 · EIN 42-1466678	Bank Trustee	$65,474
BUCK GLOBAL, LLC8+ years Filed as: BUCK CONSULTANTS Service code 11 · EIN 83-1116912	Actuarial	$50,000
ACADIAN ASSET MANAGEMENT LLC1 year Filed as: ACADIAN Service code 28 · EIN 20-0075649	Investment Management	$39,098
GRANT THORNTON LLP8+ years Service code 10 · EIN 36-6055558	Accounting	$29,298
FORTRESS1 year Service code 28 · EIN 26-1701442	Investment Management	$24,303
NEPC, LLC1 year Filed as: NEPC Service code 28 · EIN 26-1429809	Investment Management	$15,326

Enrolled actuary

1 attachment

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

Plan features & details

Pension benefit codes1A1I3H

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
1I
Frozen plan
As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
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

4 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$1.5M

$15554 / participant

Investment mgmt$187K12.1%
Other / not subdivided$1M87.9%

% of EOY assets

1.979%

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: GRANT THORNTON LLP
Auditor EIN: 366055558
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$503,327-100.0%

$565,817-100.0%

Participation rate

0.0%

0.0%0pp

29.9%-29.9pp

Annual return

-21.15%

55.68%-76.8pp

-8.80%-12.4pp

Employer contribution / active EE

$21,727-100.0%

$43,463-100.0%

Participant deferral / active EE

$12-100.0%

Admin fee / account holder

$311,717-100.0%

$866-100.0%

Provider

Service type

Compensation

ROCATON INVESTMENT ADVISORS, LLC8+ years

Filed as: ROCATON INVESTMENT ADVISORS

Service code 27 · EIN 20-0558591

Advisory (Plan)

$132,343

PRINCIPAL LIFE INSURANCE COMPANY1 year

Filed as: PRINCIPAL

Service code 21 · EIN 42-1466678

Bank Trustee

$65,474

BUCK GLOBAL, LLC8+ years

Filed as: BUCK CONSULTANTS

Service code 11 · EIN 83-1116912

Actuarial

$50,000

ACADIAN ASSET MANAGEMENT LLC1 year

Filed as: ACADIAN

Service code 28 · EIN 20-0075649

Investment Management

$39,098

GRANT THORNTON LLP8+ years

Service code 10 · EIN 36-6055558

Accounting

$29,298

FORTRESS1 year

Service code 28 · EIN 26-1701442

Investment Management

$24,303

NEPC, LLC1 year

Filed as: NEPC

Service code 28 · EIN 26-1429809

Investment Management

$15,326

AXEL JOHNSON INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AXEL JOHNSON INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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