Retirement plan

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

Name: QUAKER EQUITIES, LTD. - QUAKER EQUITIES, LTD. 401(K) PLAN FOR UNION MEMBERS (2018) 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 2018

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

Other plans on this EIN

1 filing

#001Retirement-$17.5M assets

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$1.9M

-6.9% from 2017

Total participants

266

-4.0% from 2017

Average account balance

$31,650

-6.9% from 2017

Annual return

-3.94%

-17.32 pp from 2017

Benchmarks

See 255 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants100-249

Cohort255 peers

Snapshot2018

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.4+ years Filed as: WELLS FARGO, N.A. Service code 15 · EIN 94-1347393	Recordkeeping	$6,127

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

$6K

$25 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.328%

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

$31,650

$57,384-44.8%

$106,387-70.3%

$56,289-43.8%

Participation rate

16.2%

71.3%-55.1pp

77.5%-61.3pp

69.9%-53.7pp

Annual return

-3.94%

5.91%-9.9pp

0.25%-4.2pp

-9.96%+6.0pp

Employer contribution / active EE

$2,348-100.0%

$3,520-100.0%

$2,111-100.0%

Participant deferral / active EE

$402

$3,799-89.4%

$5,421-92.6%

$3,350-88.0%

Admin fee / account holder

$104

$566-81.7%

$7,510-98.6%

$521-80.1%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.4+ years

Filed as: WELLS FARGO, N.A.

Service code 15 · EIN 94-1347393

Recordkeeping

$6,127

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