Retirement plan

HOLBROOK PLASTIC PIPE SUPPLY, INC. 401(K) PLAN

Name: HOLBROOK PLASTIC PIPE SUPPLY, IN - HOLBROOK PLASTIC PIPE SUPPLY, INC. 401(K) PLAN (2023) Form 5500
Creator: HOLBROOK PLASTIC PIPE SUPPLY, IN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOLBROOK PLASTIC PIPE SUPPLY, INC. 401(K) PLAN, HOLBROOK PLASTIC PIPE SUPPLY, IN

HOLBROOK PLASTIC PIPE SUPPLY, INEIN 11-2347292Plan #001PY 2023

790 GRUNDY AVENUE - HOLBROOK, NY 11741631-862-6326worldpipeinc.comLinkedIn1-10 employeesplastics

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$425K

-0.6% from 2022

Total participants

+31.6% from 2022

Average account balance

$19,334

-14.1% from 2022

Annual return

8.76%

+29.12 pp from 2022

Benchmarks

See 8,682 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,682 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$490K

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

135.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$53K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+8.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1616

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 codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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 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.)

Expense breakdown

Schedule H Part II

Admin total

$149K

$9311 / participant

Other / not subdivided$149K100.0%

% of EOY assets

35.023%

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

$19,334

$118,488-83.7%

$98,462-80.4%

$139,487-86.1%

Participation rate

81.3%

77.5%+3.8pp

75.2%+6.1pp

80.3%+0.9pp

Annual return

8.76%

18.96%-10.2pp

21.17%-12.4pp

373.84%-365.1pp

Employer contribution / active EE

$4,621

$3,611+28.0%

$3,049+51.6%

$4,755-2.8%

Participant deferral / active EE

$1,240

$5,393-77.0%

$4,738-73.8%

$6,713-81.5%

Admin fee / account holder

$6,771

$13,868-51.2%

$8,875-23.7%

$11,407-40.6%

HOLBROOK PLASTIC PIPE SUPPLY, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOLBROOK PLASTIC PIPE SUPPLY, INC. 401(K) 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