Retirement plan

ATLANTIC TESTING LABORATORIES LTD 401K RETIREMENT SAVINGS PLAN

Name: ATLANTIC TESTING LABORATORIES LTD - ATLANTIC TESTING LABORATORIES LTD 401K RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: ATLANTIC TESTING LABORATORIES LTD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ATLANTIC TESTING LABORATORIES LTD 401K RETIREMENT SAVINGS PLAN, ATLANTIC TESTING LABORATORIES LTD

ATLANTIC TESTING LABORATORIES LTDEIN 16-1109111Plan #002PY 2016

P.O. BOX 29, 6431 US HIGHWAY 11 - CANTON, NY 136170029315-386-4578atlantictesting.comLinkedIn201-500 employeescivil engineering

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$7.8M

+12.5% from 2015

Total participants

217

-0.9% from 2015

Average account balance

$42,595

+9.5% from 2015

Annual return

9.34%

+9.75 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.55M

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

296

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.

98.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.76M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$437

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 2 by compensation

Provider	Service type	Compensation
LPL FINANCIAL2+ years Filed as: LPL FINANCIAL CORPORATION Service code 53 1 BEACON ST 22ND FLOOR · BOSTON, MH 02108	Insurance Commissions	$16,853
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: DYATECH LLC Service code 15 805 S WHEATLEY ST., STE 600 · RIDGELAND, MS 39157	Recordkeeping	$7,036

Plan features & details

Pension benefit codes2F2G2J2K3D2E

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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$11K

$57 / participant

Contract admin$2K14.4%
Other / not subdivided$10K85.6%

% of EOY assets

0.143%

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: LCS & Z L.L.P.
Auditor EIN: 141745230
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,595

$75,183-43.3%

$123,894-65.6%

$55,167-22.8%

Participation rate

83.2%

72.8%+10.3pp

81.4%+1.8pp

69.0%+14.2pp

Annual return

9.34%

19.01%-9.7pp

47.52%-38.2pp

169.23%-159.9pp

Employer contribution / active EE

$599

$2,823-78.8%

$4,617-87.0%

$1,963-69.5%

Participant deferral / active EE

$2,918

$5,084-42.6%

$5,984-51.2%

$3,054-4.4%

Admin fee / account holder

$61

$663-90.8%

$8,357-99.3%

$504-88.0%

Provider

Service type

Compensation

LPL FINANCIAL2+ years

Filed as: LPL FINANCIAL CORPORATION

Service code 53

1 BEACON ST 22ND FLOOR · BOSTON, MH 02108

Insurance Commissions

$16,853

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: DYATECH LLC

Service code 15

805 S WHEATLEY ST., STE 600 · RIDGELAND, MS 39157

Recordkeeping

$7,036

ATLANTIC TESTING LABORATORIES LTD 401K RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ATLANTIC TESTING LABORATORIES LTD 401K RETIREMENT 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