Retirement plan

AVIZA NORGROVE PHILLIPS 401(K) PROFIT SHARING PLAN

Name: AVIZA NORGROVE PHILLIPS DBA RUMORS ABOUT HAIR - AVIZA NORGROVE PHILLIPS 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: AVIZA NORGROVE PHILLIPS DBA RUMORS ABOUT HAIR
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AVIZA NORGROVE PHILLIPS 401(K) PROFIT SHARING PLAN, AVIZA NORGROVE PHILLIPS DBA RUMORS ABOUT HAIR

AVIZA NORGROVE PHILLIPS DBA RUMORS ABOUT HAIREIN 14-1686638Plan #001PY 2017

626 NEW LOUDON RD - LATHAM, NY 12110518-786-1777

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$817K

+25.5% from 2016

Total participants

+10.9% from 2016

Average account balance

$29,182

-32.8% from 2016

Annual return

16.95%

+11.33 pp from 2016

Benchmarks

See 7,912 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,912 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.17M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

69.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$159K

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

+57.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5601

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 codes2E2F2G2J2T3D

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$5K

$66 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.561%

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

$29,182

$53,128-45.1%

$86,581-66.3%

$70,124-58.4%

Participation rate

37.7%

65.3%-27.6pp

73.5%-35.9pp

69.5%-31.9pp

Annual return

16.95%

27.66%-10.7pp

965.06%-948.1pp

73.14%-56.2pp

Employer contribution / active EE

$2,068-100.0%

$2,840-100.0%

$2,342-100.0%

Participant deferral / active EE

$868

$2,695-67.8%

$3,609-75.9%

$3,332-73.9%

Admin fee / account holder

$164

$3,584-95.4%

$4,904-96.7%

$4,645-96.5%

AVIZA NORGROVE PHILLIPS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AVIZA NORGROVE PHILLIPS 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