Retirement plan

ELECTROTECH SERVICE EQUIPMENT CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

Name: ELECTROTECH SERVICES EQUIPMENT CORP . - ELECTROTECH SERVICE EQUIPMENT CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN (2015) Form 5500
Creator: ELECTROTECH SERVICES EQUIPMENT CORP .
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ELECTROTECH SERVICE EQUIPMENT CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN, ELECTROTECH SERVICES EQUIPMENT CORP .

ELECTROTECH SERVICES EQUIPMENT CORP .EIN 11-2858709Plan #003PY 2015

24-50 46TH STREET - LONG ISLAND CITY, NY 11103718-626-7700

Other plans on this EIN

2 filings

#001Retirement-$4.5M assets #002Retirement-$2.1M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$14.6M

No prior year

Total participants

No prior year

Average account balance

$633,955

No prior year

Annual return

13.27%

No prior year

Benchmarks

See 18,068 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort18,068 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.34M

Not enough data

1 years with asset history on file

Average account balance

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

$1.0M

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.

92.3%

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

$36K

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

+39.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$56244

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 codes2E2P3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$279K

$12702 / participant

Other / not subdivided$279K100.0%

% of EOY assets

1.917%

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

$633,955

$78,694+705.6%

$67,652+837.1%

$125,389+405.6%

Participation rate

100.0%

78.8%+21.2pp

75.7%+24.3pp

83.2%+16.8pp

Annual return

13.27%

9.46%+3.8pp

6625.40%-6612.1pp

282.24%-269.0pp

Employer contribution / active EE

$30,781

$3,044+911.3%

$2,266+1258.6%

$4,866+532.6%

Participant deferral / active EE

$4,292-100.0%

$3,560-100.0%

$5,352-100.0%

Admin fee / account holder

$12,150

$7,403+64.1%

$4,821+152.0%

$9,541+27.3%

ELECTROTECH SERVICE EQUIPMENT CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELECTROTECH SERVICE EQUIPMENT CORPORATION EMPLOYEE STOCK OWNERSHIP 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