Retirement plan

GARTNER EQUIPMENT CO., INC. 401(K) RETIREMENT PLAN

Name: GARTNER EQUIPMENT CO., INC. - GARTNER EQUIPMENT CO., INC. 401(K) RETIREMENT PLAN (2020) Form 5500
Creator: GARTNER EQUIPMENT CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GARTNER EQUIPMENT CO., INC. 401(K) RETIREMENT PLAN, GARTNER EQUIPMENT CO., INC.

GARTNER EQUIPMENT CO., INC.EIN 15-0617665Plan #003PY 2020

PO BOX 11199 - SYRACUSE, NY 13218315-476-8321gartnerequipment.comLinkedIn11-50 employeescomputer software

Other plans on this EIN

1 filing

#001Retirement-$2.8M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.1M

+32.2% from 2019

Total participants

+8.7% from 2019

Average account balance

$133,387

+26.5% from 2019

Annual return

29.01%

+7.18 pp from 2019

Benchmarks

See 22,194 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,194 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.95M

Not enough data

1 years with asset history on file

Average account balance

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

$155K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$163K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+16.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$51213

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 codes2E2G2J3D2F2T

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

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

$75K

$3739 / participant

Other / not subdivided$75K100.0%

% of EOY assets

2.438%

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

$133,387

$162,821-18.1%

$133,978-0.4%

$158,982-16.1%

Participation rate

90.0%

83.2%+6.8pp

79.8%+10.2pp

82.0%+8.0pp

Annual return

29.01%

41.95%-12.9pp

45.10%-16.1pp

302.99%-274.0pp

Employer contribution / active EE

$2,124

$4,976-57.3%

$3,919-45.8%

$4,763-55.4%

Participant deferral / active EE

$5,323

$5,910-9.9%

$5,047+5.5%

$5,983-11.0%

Admin fee / account holder

$3,251

$11,742-72.3%

$8,930-63.6%

$11,252-71.1%

GARTNER EQUIPMENT CO., INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GARTNER EQUIPMENT CO., INC. 401(K) RETIREMENT 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