Retirement plan

ALERT ENGINE HOOK, LADDER & HOSE CO. NO. 1 PROFIT SHARING PLAN

Name: ALERT ENGINE HOOK, LADDER & HOSE CO. NO. 1 - ALERT ENGINE HOOK, LADDER & HOSE CO. NO. 1 PROFIT SHARING PLAN (2019) Form 5500
Creator: ALERT ENGINE HOOK, LADDER & HOSE CO. NO. 1
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALERT ENGINE HOOK, LADDER & HOSE CO. NO. 1 PROFIT SHARING PLAN, ALERT ENGINE HOOK, LADDER & HOSE CO. NO. 1

ALERT ENGINE HOOK, LADDER & HOSE CO. NO. 1EIN 11-1534596Plan #002PY 2019

555 MIDDLE NECK ROAD - GREAT NECK, NY 11023516-487-1057LinkedIn1-10 employeesindividual & family services

Prospect flagsHigh feesLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$1.5M

+34.6% from 2018

Total participants

-11.1% from 2018

Average account balance

$181,563

+17.7% from 2018

Annual return

28.89%

+32.10 pp from 2018

Benchmarks

See 119,329 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,329 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.97M

Not enough data

1 years with asset history on file

Average account balance

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

$496K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$85K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+17.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9241

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G3D

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.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$13K

$1638 / participant

Other / not subdivided$13K100.0%

% of EOY assets

0.902%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$181,563

$157,304+15.4%

$141,197+28.6%

$152,909+18.7%

Participation rate

100.0%

84.8%+15.2pp

82.5%+17.5pp

Annual return

28.89%

64.34%-35.5pp

71.41%-42.5pp

345.46%-316.6pp

Employer contribution / active EE

$7,655

$5,263+45.5%

$4,736+61.6%

$4,764+60.7%

Participant deferral / active EE

$7,111-100.0%

$6,710-100.0%

$5,851-100.0%

Admin fee / account holder

$1,638

$12,126-86.5%

$10,265-84.0%

$11,601-85.9%

ALERT ENGINE HOOK, LADDER & HOSE CO. NO. 1 PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALERT ENGINE HOOK, LADDER & HOSE CO. NO. 1 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