Retirement plan

APT ADVANCED POLYMER TECHNOLOGY CORP. 401(K) PROFIT SHARING PLAN

Name: APT ADVANCED POLYMER TECHNOLOGY CORP. - APT ADVANCED POLYMER TECHNOLOGY CORP. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: APT ADVANCED POLYMER TECHNOLOGY CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, APT ADVANCED POLYMER TECHNOLOGY CORP. 401(K) PROFIT SHARING PLAN, APT ADVANCED POLYMER TECHNOLOGY CORP.

APT ADVANCED POLYMER TECHNOLOGY CORP.EIN 13-3777890Plan #001PY 2024

421 CALLAHAN RD - DALTON, GA 30721724-452-3016

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$25.1M

+15.7% from 2023

Total participants

738

+10.8% from 2023

Average account balance

$68,527

+8.8% from 2023

Annual return

12.35%

-4.49 pp from 2023

Benchmarks

See 1,157 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,157 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25.15M

Not enough data

1 years with asset history on file

Average account balance

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

$69K

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.

367

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.

44.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.04M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$285

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 2 by compensation

Provider	Service type	Compensation
HBKS WEALTH ADVISORS2 years Service code 26 200 PINEWOOD LN · WARRENDALE, PA 15086	Advisory (Participants)	$54,551
NEWPORT GROUP, INC.8 years Service code 15 · EIN 27-2037969	Recordkeeping	$50,003

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.
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

$105K

$157 / participant

Recordkeeping$7K7.1%
Investment mgmt$55K52.2%
Contract admin$43K40.7%

% of EOY assets

0.416%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SCHNEIDER DOWNS & CO. INC.
Auditor EIN: 251408703
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,527

$92,186-25.7%

$105,624-35.1%

$77,762-11.9%

Participation rate

44.1%

81.0%-36.9pp

75.3%-31.1pp

70.6%-26.5pp

Annual return

12.35%

17.83%-5.5pp

116.20%-103.9pp

31.27%-18.9pp

Employer contribution / active EE

$1,900

$3,376-43.7%

$3,168-40.0%

$2,728-30.3%

Participant deferral / active EE

$2,671

$5,395-50.5%

$5,013-46.7%

$4,651-42.6%

Admin fee / account holder

$285

$219+30.1%

$10,961-97.4%

$433-34.2%

Provider

Service type

Compensation

HBKS WEALTH ADVISORS2 years

Service code 26

200 PINEWOOD LN · WARRENDALE, PA 15086

Advisory (Participants)

$54,551

NEWPORT GROUP, INC.8 years

Service code 15 · EIN 27-2037969

Recordkeeping

$50,003

APT ADVANCED POLYMER TECHNOLOGY CORP. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

APT ADVANCED POLYMER TECHNOLOGY CORP. 401(K) PROFIT SHARING 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