Retirement plan

REFRIGIWEAR, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN

Name: REFRIGIWEAR, INC. - REFRIGIWEAR, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: REFRIGIWEAR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, REFRIGIWEAR, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN, REFRIGIWEAR, INC.

REFRIGIWEAR, INC.EIN 11-2010909Plan #003PY 2015

54 BREAKSTONE DRIVE - DAHLONEGA, GA 30533800-645-3744refrigiwear.comLinkedIn51-200 employeesapparel & fashion

Prospect flagsLow returnsCorrective distributions

Top hat statement on fileNQDC

Filed October 8, 2021

Plan administrator

Plan administrator name— Sign in and upgrade to view

255 E. 5th Street, Suite 2400

Cincinnati, OH 45202

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (1)

Plan name not on file1 emp

Open the filing PDF

How to read this page

Total assets (EOY)

$5.1M

No prior year

Total participants

126

No prior year

Average account balance

$47,679

No prior year

Annual return

-2.96%

No prior year

Benchmarks

See 834 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort834 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.28M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

130

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.

67.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$935K

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

+30.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$311

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

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
APRIO LLP1+ years Filed as: HA&W WEALTH MANAGEMENT, LLC Service code 27 FIVE CONCOURSE PARKWAY, SUITE 1000 · ATLANTA, GA 30328	Advisory (Plan)	$13,394
CPI QUALIFIED PLAN CONSULTANTS, INC1+ years Service code 12 · EIN 48-1205033 1809 24TH STREET · GREAT BEND, KS 67530	Claims processing; Participant loan p...	$10,740

Plan features & details

Pension benefit codes2F2G2J2K3D

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$10K

$79 / participant

Investment mgmt$2K23.3%
Contract admin$7K76.7%

% of EOY assets

0.191%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: ROSS LANE AND COMPANY
Auditor EIN: 581686745
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,679

$43,550+9.5%

$63,244-24.6%

$52,331-8.9%

Participation rate

83.6%

65.7%+17.9pp

71.0%+12.6pp

68.1%+15.5pp

Annual return

-2.96%

2.03%-5.0pp

-70.31%+67.3pp

4.54%-7.5pp

Employer contribution / active EE

$1,969

$1,351+45.7%

$2,322-15.2%

$1,882+4.6%

Participant deferral / active EE

$3,094

$2,254+37.3%

$2,953+4.8%

$3,022+2.4%

Admin fee / account holder

$91

$387-76.5%

$5,893-98.5%

$592-84.6%

Provider

Service type

Compensation

APRIO LLP1+ years

Filed as: HA&W WEALTH MANAGEMENT, LLC

Service code 27

FIVE CONCOURSE PARKWAY, SUITE 1000 · ATLANTA, GA 30328

Advisory (Plan)

$13,394

CPI QUALIFIED PLAN CONSULTANTS, INC1+ years

Service code 12 · EIN 48-1205033

1809 24TH STREET · GREAT BEND, KS 67530

Claims processing; Participant loan p...

$10,740

REFRIGIWEAR, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

REFRIGIWEAR, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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