Retirement plan

CENTURY ELEVATOR 401(K) PROFIT SHARING PLAN

Name: CENTURY ELEVATOR MAINTENANCE CORPORATION - CENTURY ELEVATOR 401(K) PROFIT SHARING PLAN (2019) 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 2019

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

Other plans on this EIN

2 filings

#003Retirement-$1.9M assets #002Retirement-$365K assets

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$2.9M

+22.8% from 2018

Total participants

+3.8% from 2018

Average account balance

$139,892

+22.8% from 2018

Annual return

18.01%

+23.60 pp from 2018

Benchmarks

See 35,133 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort35,133 peers

Snapshot2019

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.

Expense breakdown

Schedule H Part II

Admin total

$4K

$173 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.130%

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

$139,892

$103,000+35.8%

$90,300+54.9%

$152,885-8.5%

Participation rate

72.7%

75.9%-3.1pp

73.3%-0.5pp

82.5%-9.7pp

Annual return

18.01%

95.19%-77.2pp

78.11%-60.1pp

345.39%-327.4pp

Employer contribution / active EE

$29

$3,138-99.1%

$2,854-99.0%

$4,763-99.4%

Participant deferral / active EE

$5,349

$4,281+25.0%

$3,884+37.7%

$5,851-8.6%

Admin fee / account holder

$181

$6,173-97.1%

$5,353-96.6%

$11,598-98.4%

CENTURY ELEVATOR 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTURY ELEVATOR 401(K) PROFIT SHARING 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