Retirement plan

ADIRONDACK SCENIC, INC. PROFIT SHARING 401(K) PLAN

Name: ADIRONDACK SCENIC, INC. - ADIRONDACK SCENIC, INC. PROFIT SHARING 401(K) PLAN (2017) Form 5500
Creator: ADIRONDACK SCENIC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADIRONDACK SCENIC, INC. PROFIT SHARING 401(K) PLAN, ADIRONDACK SCENIC, INC.

ADIRONDACK SCENIC, INC.EIN 14-1566132Plan #001PY 2017

439 COUNTY ROUTE 45 - ARGYLE, NY 12809518-638-8000LinkedIn1-10 employeeslibraries

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$6M

+28.9% from 2016

Total participants

138

+19.0% from 2016

Average account balance

$54,133

+26.6% from 2016

Annual return

16.29%

+8.25 pp from 2016

Benchmarks

See 584 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants100-249

Cohort584 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.89M

Not enough data

1 years with asset history on file

Average account balance

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

$68K

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.

130

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.

55.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$440K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+17.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$326

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 1 by compensation

Provider	Service type	Compensation
GLENS FALLS NATIONAL BANK AND TRUST1 year Service code 15 · EIN 14-0696635	Recordkeeping	$34,922

Plan features & details

Pension benefit codes2E2F2H2J2T3D

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$33K

$263 / participant

Investment mgmt$27K83.4%
Contract admin$5K16.5%
Other / not subdivided$210.1%

% of EOY assets

0.548%

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: FLYNN, WALKER, DIGGIN CPA, P.C.
Auditor EIN: 141751323
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,133

$63,156-14.3%

$122,354-55.8%

$62,293-13.1%

Participation rate

78.4%

60.0%+18.4pp

71.6%+6.8pp

69.5%+8.9pp

Annual return

16.29%

20.61%-4.3pp

30.28%-14.0pp

28.90%-12.6pp

Employer contribution / active EE

$4,000

$1,385+188.9%

$4,051-1.3%

$2,042+95.9%

Participant deferral / active EE

$2,657

$2,321+14.5%

$3,287-19.2%

$3,169-16.2%

Admin fee / account holder

$296

$440-32.6%

$5,479-94.6%

$479-38.2%

Provider

Service type

Compensation

GLENS FALLS NATIONAL BANK AND TRUST1 year

Service code 15 · EIN 14-0696635

Recordkeeping

$34,922

ADIRONDACK SCENIC, INC. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADIRONDACK SCENIC, INC. PROFIT SHARING 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