Retirement plan

ELECTROTECH SERVICE EQUIPMENT CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

Name: ELECTROTECH SERVICES EQUIPMENT CORP . - ELECTROTECH SERVICE EQUIPMENT CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN (2017) 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 2017

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

Other plans on this EIN

2 filings

#001Retirement-$4.5M assets #002Retirement-$2.9M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$21.5M

+25.2% from 2016

Total participants

+4.2% from 2016

Average account balance

$859,788

+20.2% from 2016

Annual return

22.77%

+9.08 pp from 2016

Benchmarks

See 21,290 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,290 peers

Snapshot2017

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

$63K

$2849 / participant

Other / not subdivided$63K100.0%

% of EOY assets

0.292%

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

$859,788

$98,240+775.2%

$82,312+944.6%

$147,586+482.6%

Participation rate

100.0%

79.7%+20.3pp

76.9%+23.1pp

82.8%+17.2pp

Annual return

22.77%

30.85%-8.1pp

25.88%-3.1pp

578.59%-555.8pp

Employer contribution / active EE

$20,512

$3,192+542.7%

$2,428+744.7%

$4,876+320.6%

Participant deferral / active EE

$4,383-100.0%

$3,706-100.0%

$5,439-100.0%

Admin fee / account holder

$2,507

$8,563-70.7%

$5,608-55.3%

$10,886-77.0%

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