Retirement plan

ACE ENDICO CORP. 401(K) PLAN

Name: ACE ENDICO CORP. - ACE ENDICO CORP. 401(K) PLAN (2017) Form 5500
Creator: ACE ENDICO CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACE ENDICO CORP. 401(K) PLAN, ACE ENDICO CORP.

ACE ENDICO CORP.EIN 13-3116470Plan #001PY 2017

80 INTERNATIONAL BLVD. - BREWSTER, NY 105092344845-940-1515aceendico.comLinkedIn201-500 employeesfood & beverages

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$11.3M

+34.6% from 2016

Total participants

353

+16.5% from 2016

Average account balance

$42,992

+24.4% from 2016

Annual return

26.02%

+19.02 pp from 2016

Benchmarks

See 698 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort698 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$40.41M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

703

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.

82.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.38M

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

+16.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$153

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 8 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY1 year Service code 13 · EIN 42-0127290	Contract Administrator	$24,565
NATIONWIDE3+ years Service code 13 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$18,061
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY DW INC Service code 27 · EIN 94-1671384	Advisory (Plan)	$10,777
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY Service code 27 · EIN 20-8764829	Advisory (Plan)	$7,490
THE ANGELL PENSION GROUP, INC.3+ years Filed as: AFC PENSIONS, INC. Service code 49 · EIN 04-2484178	Other Services	$5,524
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY INS SVCS INC Service code 49 1 NEW YORK PLZ FL 12 · NEW YORK, NY 10004	Other Services	$0
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 49 1 NEW YORK PLZ FL 12 · NEW YORK, NY 10004	Other Services	$0
SBHU LIFE AGENCY INC1 year Service code 49 1 NEW YORK PLZ FL 12 · NEW YORK, NY 10004	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$43K

$130 / participant

Investment mgmt$18K42.6%
Contract admin$25K57.4%

% of EOY assets

0.377%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CITRIN COOPERMAN & COMPANY LLP
Auditor EIN: 222428965
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,992

$28,416+51.3%

$73,545-41.5%

$69,631-38.3%

Participation rate

73.0%

38.3%+34.7pp

54.9%+18.1pp

70.7%+2.3pp

Annual return

26.02%

-694.13%+720.2pp

-15.16%+41.2pp

27571.02%-27545.0pp

Employer contribution / active EE

$411

$430-4.5%

$1,219-66.3%

$2,032-79.8%

Participant deferral / active EE

$2,742

$897+205.7%

$1,806+51.8%

$3,224-14.9%

Admin fee / account holder

$162

$104+55.5%

$2,320-93.0%

$110+46.9%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY1 year

Service code 13 · EIN 42-0127290

Contract Administrator

$24,565

NATIONWIDE3+ years

Service code 13

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$18,061

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY DW INC

Service code 27 · EIN 94-1671384

Advisory (Plan)

$10,777

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY

Service code 27 · EIN 20-8764829

Advisory (Plan)

$7,490

THE ANGELL PENSION GROUP, INC.3+ years

Filed as: AFC PENSIONS, INC.

Service code 49 · EIN 04-2484178

Other Services

$5,524

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY INS SVCS INC

Service code 49

1 NEW YORK PLZ FL 12 · NEW YORK, NY 10004

Other Services

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 49

1 NEW YORK PLZ FL 12 · NEW YORK, NY 10004

Other Services

SBHU LIFE AGENCY INC1 year

Service code 49

1 NEW YORK PLZ FL 12 · NEW YORK, NY 10004

Other Services

ACE ENDICO CORP. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACE ENDICO CORP. 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