Retirement plan

EXPRESS AIR FREIGHT UNLTD. , INC. /DARON WWT INC. 401(K) PLAN

Name: EXPRESS AIR FREIGHT UNLIMITED, INC. - EXPRESS AIR FREIGHT UNLTD. , INC. /DARON WWT INC. 401(K) PLAN (2017) Form 5500
Creator: EXPRESS AIR FREIGHT UNLIMITED, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EXPRESS AIR FREIGHT UNLTD. , INC. /DARON WWT INC. 401(K) PLAN, EXPRESS AIR FREIGHT UNLIMITED, INC.

EXPRESS AIR FREIGHT UNLIMITED, INC.EIN 11-3020733Plan #001PY 2017

147-20 184TH ST - JAMAICA, NY 11413718-995-2900expressairfreight.comLinkedIn51-200 employeeslogistics and supply chain

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$2.7M

+32.9% from 2016

Total participants

-9.2% from 2016

Average account balance

$70,537

+25.9% from 2016

Annual return

23.27%

+17.71 pp from 2016

Benchmarks

See 3,497 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,497 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.95M

Not enough data

1 years with asset history on file

Average account balance

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

$171K

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.

63.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$204K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+22.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1538

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 codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$5K

$79 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.192%

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

$70,537

$52,580+34.2%

$71,671-1.6%

$70,126+0.6%

Participation rate

52.3%

60.9%-8.6pp

68.7%-16.4pp

69.5%-17.2pp

Annual return

23.27%

20.25%+3.0pp

20.65%+2.6pp

73.15%-49.9pp

Employer contribution / active EE

$1,616-100.0%

$2,460-100.0%

$2,343-100.0%

Participant deferral / active EE

$3,059

$2,386+28.2%

$3,438-11.0%

$3,332-8.2%

Admin fee / account holder

$135

$3,653-96.3%

$5,558-97.6%

$4,645-97.1%

EXPRESS AIR FREIGHT UNLTD. , INC. /DARON WWT INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EXPRESS AIR FREIGHT UNLTD. , INC. /DARON WWT INC. 401(K) 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