Retirement plan

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

Name: GARTNER EQUIPMENT CO., INC. - GARTNER EQUIPMENT CO., INC. 401(K) RETIREMENT PLAN (2021) 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 2021

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

Other plans on this EIN

1 filing

#001Retirement-$3.5M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.6M

+16.4% from 2020

Total participants

-16.0% from 2020

Average account balance

$178,491

+33.8% from 2020

Annual return

14.78%

-14.22 pp from 2020

Benchmarks

See 22,587 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,587 peers

Snapshot2021

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

$127K

$6362 / participant

Other / not subdivided$127K100.0%

% of EOY assets

3.564%

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

$178,491

$176,794+1.0%

$146,647+21.7%

$167,553+6.5%

Participation rate

95.0%

83.6%+11.4pp

80.1%+14.9pp

82.1%+12.9pp

Annual return

14.78%

24.04%-9.3pp

22.75%-8.0pp

478.89%-464.1pp

Employer contribution / active EE

$1,995

$5,161-61.4%

$4,137-51.8%

$4,840-58.8%

Participant deferral / active EE

$6,776

$6,440+5.2%

$5,506+23.1%

$6,343+6.8%

Admin fee / account holder

$6,362

$13,262-52.0%

$10,281-38.1%

$12,316-48.3%

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