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 (2023) 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 2023

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

Prospect flagsHigh feesHigh assets / participantLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$2.5M

+54.3% from 2022

Total participants

0.0% from 2022

Average account balance

$308,531

+54.3% from 2022

Annual return

50.10%

+82.51 pp from 2022

Benchmarks

See 139,707 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort139,707 peers

Snapshot2023

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

4 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).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$23K

$2833 / participant

Other / not subdivided$23K100.0%

% of EOY assets

0.918%

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

$308,531

$148,629+107.6%

$135,982+126.9%

$139,487+121.2%

Participation rate

100.0%

83.9%+16.1pp

81.9%+18.1pp

80.3%+19.7pp

Annual return

50.10%

79.33%-29.2pp

68.32%-18.2pp

373.84%-323.7pp

Employer contribution / active EE

$8,448

$5,247+61.0%

$4,859+73.9%

$4,755+77.7%

Participant deferral / active EE

$8,102-100.0%

$7,760-100.0%

$6,713-100.0%

Admin fee / account holder

$2,833

$12,406-77.2%

$10,767-73.7%

$11,407-75.2%

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