Retirement plan

QUAKER EQUITIES, LTD. 401(K) PLAN FOR UNION MEMBERS

Name: QUAKER EQUITIES, LTD. - QUAKER EQUITIES, LTD. 401(K) PLAN FOR UNION MEMBERS (2016) Form 5500
Creator: QUAKER EQUITIES, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, QUAKER EQUITIES, LTD. 401(K) PLAN FOR UNION MEMBERS, QUAKER EQUITIES, LTD.

QUAKER EQUITIES, LTD.EIN 13-3411457Plan #002PY 2016

69 DEFCO ROAD - NORTH HAVEN, CT 06473718-383-5500

Other plans on this EIN

1 filing

#001Retirement-$14.9M assets

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$1.7M

+6.9% from 2015

Total participants

271

+3.0% from 2015

Average account balance

$33,206

+11.1% from 2015

Annual return

7.44%

+4.36 pp from 2015

Benchmarks

See 236 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants250-999

Cohort236 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.45M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

24.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$140K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$607

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

+13.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2392

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

Top 1 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO, N.A. Service code 15 · EIN 94-1347393	Recordkeeping	$3,539

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$5K

$20 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.298%

all-in expense ratio

Categories reported

0 / 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: HELD, KRANZLER, MCCOSKER & PULICE
Auditor EIN: 134008185
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,206

$65,820-49.6%

$108,745-69.5%

$57,658-42.4%

Participation rate

13.7%

72.7%-59.0pp

77.7%-63.9pp

70.2%-56.5pp

Annual return

7.44%

21.32%-13.9pp

46.22%-38.8pp

5.13%+2.3pp

Employer contribution / active EE

$2,285-100.0%

$3,323-100.0%

$1,974-100.0%

Participant deferral / active EE

$302

$3,578-91.6%

$5,121-94.1%

$3,061-90.1%

Admin fee / account holder

$99

$91+8.6%

$6,144-98.4%

$95+4.7%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.2+ years

Filed as: WELLS FARGO, N.A.

Service code 15 · EIN 94-1347393

Recordkeeping

$3,539

QUAKER EQUITIES, LTD. 401(K) PLAN FOR UNION MEMBERS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

QUAKER EQUITIES, LTD. 401(K) PLAN FOR UNION MEMBERS

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