Retirement plan

NAASCO NORTHEAST CORP. 401K PLAN

Name: NAASCO NORTHEAST CORP. - NAASCO NORTHEAST CORP. 401K PLAN (2021) Form 5500
Creator: NAASCO NORTHEAST CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NAASCO NORTHEAST CORP. 401K PLAN, NAASCO NORTHEAST CORP.

NAASCO NORTHEAST CORP.EIN 11-2697043Plan #002PY 2021

222 GRAND AVENUE - SHIRLEY, NY 11967631-399-2244LinkedIn11-50 employeescomputer hardware

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$646K

+50.3% from 2020

Total participants

+5.6% from 2020

Average account balance

$46,164

+28.8% from 2020

Annual return

24.40%

+24.40 pp from 2020

Benchmarks

See 103,184 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort103,184 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.20M

Not enough data

1 years with asset history on file

Average account balance

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

$63K

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.

90.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$153K

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

+10.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1949

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 codes2E2F2J3D

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).
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$2K

$94 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.263%

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

$46,164

$217,432-78.8%

$185,849-75.2%

$167,536-72.4%

Participation rate

72.2%

86.1%-13.8pp

81.7%-9.5pp

82.1%-9.9pp

Annual return

24.40%

148.42%-124.0pp

122.10%-97.7pp

478.82%-454.4pp

Employer contribution / active EE

$2,358

$5,875-59.9%

$5,169-54.4%

$4,839-51.3%

Participant deferral / active EE

$3,919

$6,357-38.3%

$5,569-29.6%

$6,342-38.2%

Admin fee / account holder

$121

$19,818-99.4%

$16,244-99.3%

$12,315-99.0%

NAASCO NORTHEAST CORP. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NAASCO NORTHEAST CORP. 401K 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