Retirement plan

FORDHAM ENVIRONMENTAL SERVICES, INC. 401(K) PLAN

Name: FORDHAM ENVIRONMENTAL SERVICES, INC. - FORDHAM ENVIRONMENTAL SERVICES, INC. 401(K) PLAN (2022) Form 5500
Creator: FORDHAM ENVIRONMENTAL SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FORDHAM ENVIRONMENTAL SERVICES, INC. 401(K) PLAN, FORDHAM ENVIRONMENTAL SERVICES, INC.

FORDHAM ENVIRONMENTAL SERVICES, INC.EIN 13-3552382Plan #001PY 2022

2377 WASHINGTON AVENUE - BRONX, NY 10458718-367-9800LinkedIn11-50 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$434K

-25.5% from 2021

Total participants

-40.3% from 2021

Average account balance

$12,051

+28.3% from 2021

Annual return

-7.75%

-15.31 pp from 2021

Benchmarks

See 48,278 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort48,278 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$560K

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

89.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$51K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2299

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

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

$161K

$8466 / participant

Other / not subdivided$161K100.0%

% of EOY assets

37.078%

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

$12,051

$133,981-91.0%

$112,249-89.3%

$134,532-91.0%

Participation rate

94.7%

78.6%+16.2pp

75.1%+19.7pp

81.2%+13.5pp

Annual return

-7.75%

47.16%-54.9pp

27.48%-35.2pp

418.27%-426.0pp

Employer contribution / active EE

$1,280

$4,040-68.3%

$3,636-64.8%

$4,741-73.0%

Participant deferral / active EE

$1,745

$5,292-67.0%

$4,729-63.1%

$6,401-72.7%

Admin fee / account holder

$4,468

$7,492-40.4%

$6,412-30.3%

$11,429-60.9%

FORDHAM ENVIRONMENTAL SERVICES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FORDHAM ENVIRONMENTAL SERVICES, INC. 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