Retirement plan

THOMAS ELECTRONICS, INC. 401(K) SAVINGS PLAN

Name: THOMAS ELECTRONICS, INC. - THOMAS ELECTRONICS, INC. 401(K) SAVINGS PLAN (2017) Form 5500
Creator: THOMAS ELECTRONICS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THOMAS ELECTRONICS, INC. 401(K) SAVINGS PLAN, THOMAS ELECTRONICS, INC.

THOMAS ELECTRONICS, INC.EIN 16-1071442Plan #002PY 2017

208 DAVIS PARKWAY - CLYDE, NY 14433315-923-2051thomaselectronics.comLinkedIn51-200 employeeselectrical/electronic manufacturing

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$4.9M

+16.3% from 2016

Total participants

175

-11.2% from 2016

Average account balance

$40,896

+16.3% from 2016

Annual return

16.78%

+9.71 pp from 2016

Benchmarks

See 4,147 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,147 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.75M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

127

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.

73.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$504K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+19.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$301

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 4 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 37 · EIN 04-2647786 OPERATIONS COMPANY, INC - FIIOC · CINCINNATI, OH 452770082	Loan Processing	$1,475
CETERA ADVISOR NETWORKS LLC3+ years Filed as: CETERA ADVISOR Service code 61 200 N. SEPULVEDA BLVD., SUITE 1300 · EL SEGUNDO, CA 90245	Finders' fees / placement fees	$0
CETERA ADVISOR NETWORKS LLC3+ years Service code 60	Sub-TA Fees	$0
FIIOC3+ years Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D3F

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$1K

$11 / participant

Contract admin$1K100.0%

% of EOY assets

0.030%

all-in expense ratio

Categories reported

1 / 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: FLAHERTY SALMIN, LLP
Auditor EIN: 161451346
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,896

$64,909-37.0%

$82,313-50.3%

$62,293-34.3%

Participation rate

61.2%

74.9%-13.7pp

76.9%-15.7pp

69.5%-8.4pp

Annual return

16.78%

21.18%-4.4pp

25.88%-9.1pp

28.90%-12.1pp

Employer contribution / active EE

$1,676-100.0%

$2,428-100.0%

$2,042-100.0%

Participant deferral / active EE

$1,482

$3,103-52.2%

$3,706-60.0%

$3,169-53.2%

Admin fee / account holder

$12

$440-97.2%

$5,608-99.8%

$479-97.5%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 37 · EIN 04-2647786

OPERATIONS COMPANY, INC - FIIOC · CINCINNATI, OH 452770082

Loan Processing

$1,475

CETERA ADVISOR NETWORKS LLC3+ years

Filed as: CETERA ADVISOR

Service code 61

200 N. SEPULVEDA BLVD., SUITE 1300 · EL SEGUNDO, CA 90245

Finders' fees / placement fees

CETERA ADVISOR NETWORKS LLC3+ years

Service code 60

Sub-TA Fees

FIIOC3+ years

Service code 60

Sub-TA Fees

THOMAS ELECTRONICS, INC. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THOMAS ELECTRONICS, INC. 401(K) SAVINGS 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