Retirement plan

AM EXCLUSIVE BUSINESS MACHINES, INC. SAL SAV PLAN

Name: AM EXCLUSIVE BUSINESS MACHINES, INC. - AM EXCLUSIVE BUSINESS MACHINES, INC. SAL SAV PLAN (2019) Form 5500
Creator: AM EXCLUSIVE BUSINESS MACHINES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AM EXCLUSIVE BUSINESS MACHINES, INC. SAL SAV PLAN, AM EXCLUSIVE BUSINESS MACHINES, INC.

AM EXCLUSIVE BUSINESS MACHINES, INC.EIN 11-2796803Plan #001PY 2019

PO BOX 1013 - SYOSSET, NY 117910080516-364-8414LinkedIn1-10 employeesinformation technology and services

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$1.9M

+14.3% from 2018

Total participants

+55.6% from 2018

Average account balance

$146,907

-20.9% from 2018

Annual return

9.38%

+9.38 pp from 2018

Benchmarks

See 119,329 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,329 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.63M

Not enough data

1 years with asset history on file

Average account balance

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

$202K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$105K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+9.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2903

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 codes2E2G2J3D

Plan features

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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2K

$128 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.087%

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

$146,907

$157,304-6.6%

$141,197+4.0%

$152,909-3.9%

Participation rate

92.3%

84.8%+7.5pp

82.5%+9.8pp

82.5%+9.9pp

Annual return

9.38%

64.34%-55.0pp

71.41%-62.0pp

345.46%-336.1pp

Employer contribution / active EE

$1,609

$5,263-69.4%

$4,736-66.0%

$4,764-66.2%

Participant deferral / active EE

$4,819

$7,111-32.2%

$6,710-28.2%

$5,851-17.7%

Admin fee / account holder

$128

$12,126-98.9%

$10,265-98.8%

$11,601-98.9%

AM EXCLUSIVE BUSINESS MACHINES, INC. SAL SAV PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AM EXCLUSIVE BUSINESS MACHINES, INC. SAL SAV 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