Retirement plan

AERO TRADES MANUFACTURING CORP PROFIT SHARING PLAN

Name: AERO TRADES MANUFACTURING CORP - AERO TRADES MANUFACTURING CORP PROFIT SHARING PLAN (2019) Form 5500
Creator: AERO TRADES MANUFACTURING CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AERO TRADES MANUFACTURING CORP PROFIT SHARING PLAN, AERO TRADES MANUFACTURING CORP

AERO TRADES MANUFACTURING CORPEIN 11-1990773Plan #001PY 2019

65 JERICHO TURNPIKE - MINEOLA, NY 11501516-746-3360LinkedIn1-10 employeespublic relations and communications

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.8M

+18.8% from 2018

Total participants

-3.7% from 2018

Average account balance

$108,204

+23.4% from 2018

Annual return

24.89%

+28.49 pp from 2018

Benchmarks

See 21,381 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,381 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.17M

Not enough data

1 years with asset history on file

Average account balance

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

$185K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$165K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+21.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$191

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

$282K

$12255 / participant

Other / not subdivided$282K100.0%

% of EOY assets

10.019%

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

$108,204

$103,387+4.7%

$87,102+24.2%

$152,885-29.2%

Participation rate

100.0%

79.4%+20.6pp

76.9%+23.1pp

82.5%+17.5pp

Annual return

24.89%

28.10%-3.2pp

28.19%-3.3pp

345.39%-320.5pp

Employer contribution / active EE

$1,739

$3,221-46.0%

$2,521-31.0%

$4,763-63.5%

Participant deferral / active EE

$4,283

$4,778-10.4%

$4,048+5.8%

$5,851-26.8%

Admin fee / account holder

$10,841

$12,193-11.1%

$7,491+44.7%

$11,598-6.5%

AERO TRADES MANUFACTURING CORP PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AERO TRADES MANUFACTURING CORP 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