Retirement plan

ELOF HANSSON USA, INC. 401(K) RETIREMENT PLAN

Name: ELOF HANSSON USA, INC. - ELOF HANSSON USA, INC. 401(K) RETIREMENT PLAN (2019) Form 5500
Creator: ELOF HANSSON USA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ELOF HANSSON USA, INC. 401(K) RETIREMENT PLAN, ELOF HANSSON USA, INC.

ELOF HANSSON USA, INC.EIN 13-3430782Plan #002PY 2019

303 S BROADWAY, SUITE 108 - TARRYTOWN, NY 10591914-345-8380LinkedIn201-500 employeesbuilding materials

Other plans on this EIN

1 filing

#001Retirement-$6.2M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.4M

-38.5% from 2018

Total participants

-18.2% from 2018

Average account balance

$87,168

-23.1% from 2018

Annual return

14.69%

+18.49 pp from 2018

Benchmarks

See 5,379 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants<25

Cohort5,379 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.03M

Not enough data

1 years with asset history on file

Average account balance

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

$145K

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.

350.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$34K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+17.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5735

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 codes2E2J2G3D2F2T

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$1.3M

$181815 / participant

Other / not subdivided$1M100.0%

% of EOY assets

91.254%

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

$87,168

$142,430-38.8%

$115,170-24.3%

$152,897-43.0%

Participation rate

71.4%

82.4%-10.9pp

75.9%-4.5pp

82.5%-11.0pp

Annual return

14.69%

41.48%-26.8pp

35.60%-20.9pp

345.43%-330.7pp

Employer contribution / active EE

$5,979

$4,011+49.1%

$3,179+88.1%

$4,764+25.5%

Participant deferral / active EE

$3,588

$5,165-30.5%

$4,169-13.9%

$5,851-38.7%

Admin fee / account holder

$79,544

$8,464+839.8%

$7,089+1022.1%

$11,599+585.8%

ELOF HANSSON USA, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELOF HANSSON USA, INC. 401(K) RETIREMENT 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