Retirement plan

INTERNATIONAL ASBESTOS REMOVAL, INC. 401K PLAN

Name: INTERNATIONAL ASBESTOS REMOVAL, INC. - INTERNATIONAL ASBESTOS REMOVAL, INC. 401K PLAN (2015) Form 5500
Creator: INTERNATIONAL ASBESTOS REMOVAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INTERNATIONAL ASBESTOS REMOVAL, INC. 401K PLAN, INTERNATIONAL ASBESTOS REMOVAL, INC.

INTERNATIONAL ASBESTOS REMOVAL, INC.EIN 11-2871175Plan #002PY 2015

68-08 WOODSIDE AVENUE - WOODSIDE, NY 113773947718-335-5006iaronline.comLinkedIn201-500 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$145K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.4M

No prior year

Total participants

No prior year

Average account balance

$70,111

No prior year

Annual return

-1.83%

No prior year

Benchmarks

See 30,166 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort30,166 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.25M

Not enough data

1 years with asset history on file

Average account balance

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

$130K

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.

134.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$872K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+15.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2179

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

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

$500K

$26316 / participant

Other / not subdivided$500K100.0%

% of EOY assets

20.975%

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

$70,111

$87,540-19.9%

$75,781-7.5%

$125,392-44.1%

Participation rate

100.0%

80.2%+19.8pp

75.8%+24.2pp

83.2%+16.8pp

Annual return

-1.83%

13.48%-15.3pp

9.68%-11.5pp

282.23%-284.1pp

Employer contribution / active EE

$4,747

$3,930+20.8%

$3,323+42.9%

$4,866-2.4%

Participant deferral / active EE

$5,946

$4,229+40.6%

$3,651+62.8%

$5,351+11.1%

Admin fee / account holder

$14,706

$6,502+126.2%

$5,299+177.5%

$9,541+54.1%

INTERNATIONAL ASBESTOS REMOVAL, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INTERNATIONAL ASBESTOS REMOVAL, INC. 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