Retirement plan

COMPONENT SPECIALTIES, INC. RETIREMENT PLAN

Name: COMPONENTS SPECIALTIES, INC. - COMPONENT SPECIALTIES, INC. RETIREMENT PLAN (2016) Form 5500
Creator: COMPONENTS SPECIALTIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMPONENT SPECIALTIES, INC. RETIREMENT PLAN, COMPONENTS SPECIALTIES, INC.

COMPONENTS SPECIALTIES, INC.EIN 11-1954116Plan #002PY 2016

200 NEW HIGHWAY, P.O. BOX 726 - AMITYVILLE, NY 117010726516-957-8700

Other plans on this EIN

1 filing

#003Retirement-$3.7M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.4M

+2.0% from 2015

Total participants

-8.4% from 2015

Average account balance

$71,112

+11.4% from 2015

Annual return

5.61%

+6.25 pp from 2015

Benchmarks

See 9,335 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,335 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.74M

Not enough data

1 years with asset history on file

Average account balance

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

$119K

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.

215.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$490K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+10.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1658

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 codes2D2E2G2J3D

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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.
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

1 tripped

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

$588K

$12258 / participant

Other / not subdivided$588K100.0%

% of EOY assets

10.887%

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

$71,112

$69,977+1.6%

$108,582-34.5%

$62,881+13.1%

Participation rate

100.0%

72.9%+27.1pp

79.6%+20.4pp

69.3%+30.7pp

Annual return

5.61%

10.73%-5.1pp

-51.70%+57.3pp

20.14%-14.5pp

Employer contribution / active EE

$4,234

$2,135+98.3%

$3,758+12.7%

$2,281+85.6%

Participant deferral / active EE

$4,029

$3,165+27.3%

$4,311-6.5%

$3,203+25.8%

Admin fee / account holder

$7,742

$5,076+52.5%

$7,645+1.3%

$4,296+80.2%

COMPONENT SPECIALTIES, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMPONENT SPECIALTIES, INC. RETIREMENT 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