Retirement plan

ADEPT TECHNOLOGIES, LLC 401(K) PROFIT SHARING PLAN

Name: ADEPT TECHNOLOGIES, LLC - ADEPT TECHNOLOGIES, LLC 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: ADEPT TECHNOLOGIES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADEPT TECHNOLOGIES, LLC 401(K) PROFIT SHARING PLAN, ADEPT TECHNOLOGIES, LLC

ADEPT TECHNOLOGIES, LLCEIN 20-0234038Plan #001PY 2020

5838 RESEARCH PARK BLVD. - HUNTSVILLE, AL 35806256-851-2932

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.4M

+16.6% from 2019

Total participants

+10.2% from 2019

Average account balance

$32,547

+0.4% from 2019

Annual return

15.56%

-5.43 pp from 2019

Benchmarks

See 14,881 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,881 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$991K

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

71.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$66K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+4.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20390

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 codes2E2F2J2T3B3D

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).
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$99K

$2597 / participant

Other / not subdivided$99K100.0%

% of EOY assets

7.051%

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

$32,547

$78,428-58.5%

$95,960-66.1%

$79,852-59.2%

Participation rate

71.1%

73.5%-2.4pp

77.1%-6.0pp

69.6%+1.4pp

Annual return

15.56%

19.37%-3.8pp

91.63%-76.1pp

31.72%-16.2pp

Employer contribution / active EE

$1,177

$1,945-39.5%

$2,541-53.7%

$2,471-52.4%

Participant deferral / active EE

$1,758

$3,440-48.9%

$4,167-57.8%

$3,740-53.0%

Admin fee / account holder

$2,295

$5,622-59.2%

$6,797-66.2%

$5,306-56.7%

ADEPT TECHNOLOGIES, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADEPT TECHNOLOGIES, LLC 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