Retirement plan

IT ENVIRONMENTAL 401K PLAN

Name: IT ENVIRONMENTAL LIQUIDATING - IT ENVIRONMENTAL 401K PLAN (2022) Form 5500
Creator: IT ENVIRONMENTAL LIQUIDATING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IT ENVIRONMENTAL 401K PLAN, IT ENVIRONMENTAL LIQUIDATING

IT ENVIRONMENTAL LIQUIDATINGEIN 20-1064264Plan #001PY 2022

2251 LAKE HERMAN RD. - BENICIA, CA 94510707-751-1999LinkedIn1-10 employeesenvironmental services

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$861K

-12.1% from 2021

Total participants

+22.2% from 2021

Average account balance

$215,307

-34.1% from 2021

Annual return

-14.95%

-32.44 pp from 2021

Benchmarks

See 17,023 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort17,023 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$85K

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

160.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$53K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$39095

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 codes2E2F2G2J2T3D

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

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

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

$215,307

$93,117+131.2%

$77,096+179.3%

$134,532+60.0%

Participation rate

22.2%

74.5%-52.3pp

67.9%-45.7pp

81.2%-59.0pp

Annual return

-14.95%

62.67%-77.6pp

42.35%-57.3pp

418.27%-433.2pp

Employer contribution / active EE

$3,420-100.0%

$2,814-100.0%

$4,741-100.0%

Participant deferral / active EE

$3,118

$5,241-40.5%

$4,429-29.6%

$6,401-51.3%

Admin fee / account holder

$6,948-100.0%

$5,428-100.0%

$11,429-100.0%

IT ENVIRONMENTAL 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

IT ENVIRONMENTAL 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion