Retirement plan

CENTURY ELEVATOR 401(K) PROFIT SHARING PLAN

Name: CENTURY ELEVATOR MAINTENANCE CORPORATION - CENTURY ELEVATOR 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: CENTURY ELEVATOR MAINTENANCE CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTURY ELEVATOR 401(K) PROFIT SHARING PLAN, CENTURY ELEVATOR MAINTENANCE CORPORATION

CENTURY ELEVATOR MAINTENANCE CORPORATIONEIN 13-2863871Plan #001PY 2018

25-25 49TH STREET - LONG ISLAND CITY, NY 111031120718-937-6200centuryelevator.comLinkedIn1-10 employeesconsumer services

Other plans on this EIN

2 filings

#003Retirement-$1.7M assets #002Retirement-$295K assets

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$2.4M

-0.6% from 2017

Total participants

+8.3% from 2017

Average account balance

$113,917

-5.3% from 2017

Annual return

-5.58%

-19.41 pp from 2017

Benchmarks

See 33,731 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort33,731 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.13M

Not enough data

1 years with asset history on file

Average account balance

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

$142K

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.

110.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$116K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2323

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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

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

$113,917

$90,617+25.7%

$79,476+43.3%

$135,382-15.9%

Participation rate

77.3%

76.1%+1.2pp

73.3%+3.9pp

82.6%-5.4pp

Annual return

-5.58%

977.57%-983.1pp

718.21%-723.8pp

519.77%-525.4pp

Employer contribution / active EE

$34

$3,068-98.9%

$2,800-98.8%

$4,779-99.3%

Participant deferral / active EE

$5,459

$4,050+34.8%

$3,704+47.4%

$5,609-2.7%

Admin fee / account holder

$5,907-100.0%

$5,113-100.0%

$10,829-100.0%

CENTURY ELEVATOR 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

CENTURY ELEVATOR 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion