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 (2018) 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 2018

P. O. BOX 160 - HARMONY, PA 16037724-452-3016

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$8.5M

+2.7% from 2017

Total participants

455

+7.8% from 2017

Average account balance

$39,362

-0.1% from 2017

Annual return

-7.44%

-62.01 pp from 2017

Benchmarks

See 1,154 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,154 peers

Snapshot2018

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
HBK CPAS & CONSULTANTS2 years Filed as: HBK SOURCE FINANCIAL Service code 27 · EIN 34-1925728	Advisory (Plan)	$31,969
NEWPORT GROUP, INC.2 years Service code 15 · EIN 27-2037969	Recordkeeping	$31,825

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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$64K

$153 / participant

Investment mgmt$32K50.1%
Contract admin$32K49.9%

% of EOY assets

0.750%

all-in expense ratio

Categories reported

2 / 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: BDO
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,362

$65,223-39.7%

$80,022-50.8%

$55,725-29.4%

Participation rate

42.7%

80.6%-37.9pp

75.8%-33.1pp

70.9%-28.2pp

Annual return

-7.44%

7.59%-15.0pp

11.22%-18.7pp

244.93%-252.4pp

Employer contribution / active EE

$1,595

$2,544-37.3%

$2,468-35.4%

$2,078-23.2%

Participant deferral / active EE

$2,229

$3,881-42.6%

$3,686-39.5%

$3,356-33.6%

Admin fee / account holder

$295

$114+158.6%

$6,521-95.5%

$115+156.4%

Provider

Service type

Compensation

HBK CPAS & CONSULTANTS2 years

Filed as: HBK SOURCE FINANCIAL

Service code 27 · EIN 34-1925728

Advisory (Plan)

$31,969

NEWPORT GROUP, INC.2 years

Service code 15 · EIN 27-2037969

Recordkeeping

$31,825

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