Retirement plan

ADVANCED TESTING TECHNOLOGIES 401K RETIREMENT PLAN

Name: ADVANCED TESTING TECHNOLOGIES INC - ADVANCED TESTING TECHNOLOGIES 401K RETIREMENT PLAN (2016) Form 5500
Creator: ADVANCED TESTING TECHNOLOGIES INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADVANCED TESTING TECHNOLOGIES 401K RETIREMENT PLAN, ADVANCED TESTING TECHNOLOGIES INC

ADVANCED TESTING TECHNOLOGIES INCEIN 11-2891861Plan #001PY 2016

110 RICEFIELD LN - HAUPPAUGE, NY 117882008631-231-8777attinet.comLinkedIn51-200 employeesaviation & aerospace

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$13.6M

+2.7% from 2015

Total participants

-4.1% from 2015

Average account balance

$203,083

+7.3% from 2015

Annual return

5.99%

+4.43 pp from 2015

Benchmarks

See 24,581 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort24,581 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.42M

Not enough data

1 years with asset history on file

Average account balance

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

$231K

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.

140.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$268K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+19.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$68278

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 codes2B2G2J

Plan features

2B
Target benefit plan
Defined contribution plan whose contribution formula is designed to fund a targeted benefit at retirement.
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.

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

$914K

$16619 / participant

Other / not subdivided$914K100.0%

% of EOY assets

6.718%

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

$203,083

$76,551+165.3%

$123,894+63.9%

$62,881+223.0%

Participation rate

94.5%

73.0%+21.6pp

81.4%+13.1pp

69.3%+25.2pp

Annual return

5.99%

18.68%-12.7pp

47.52%-41.5pp

20.14%-14.2pp

Employer contribution / active EE

$645

$2,882-77.6%

$4,617-86.0%

$2,281-71.7%

Participant deferral / active EE

$8,123

$4,840+67.8%

$5,984+35.7%

$3,203+153.6%

Admin fee / account holder

$13,642

$4,826+182.7%

$8,357+63.2%

$4,296+217.6%

ADVANCED TESTING TECHNOLOGIES 401K RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADVANCED TESTING TECHNOLOGIES 401K RETIREMENT 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