Retirement plan

GASTEC ENTERPRISES, INC. 401(K) PLAN

Name: GASTEC ENTERPRISES, INC. - GASTEC ENTERPRISES, INC. 401(K) PLAN (2018) Form 5500
Creator: GASTEC ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GASTEC ENTERPRISES, INC. 401(K) PLAN, GASTEC ENTERPRISES, INC.

GASTEC ENTERPRISES, INC.EIN 20-1271176Plan #001PY 2018

25 COUNCIL ROCK DRIVE - IVYLAND, PA 18974215-949-3337LinkedIn11-50 employeesmanagement consulting

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$381K

+27.9% from 2017

Total participants

+23.1% from 2017

Average account balance

$31,765

+17.3% from 2017

Annual return

-12.59%

-30.77 pp from 2017

Benchmarks

See 7,521 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort7,521 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.07M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

66.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$270K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11844

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

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

$31,765

$107,809-70.5%

$90,657-65.0%

$135,380-76.5%

Participation rate

71.4%

78.0%-6.6pp

74.0%-2.6pp

82.6%-11.2pp

Annual return

-12.59%

-0.90%-11.7pp

1.89%-14.5pp

519.81%-532.4pp

Employer contribution / active EE

$2,029

$3,018-32.8%

$2,532-19.8%

$4,779-57.5%

Participant deferral / active EE

$6,596

$3,872+70.3%

$3,424+92.6%

$5,609+17.6%

Admin fee / account holder

$5,931-100.0%

$4,994-100.0%

$10,828-100.0%

GASTEC ENTERPRISES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

GASTEC ENTERPRISES, INC. 401(K) 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