Retirement plan

GASTEC ENTERPRISES, INC. 401(K) PLAN

Name: GASTEC ENTERPRISES, INC. - GASTEC ENTERPRISES, INC. 401(K) PLAN (2020) 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 2020

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1M

+54.5% from 2019

Total participants

+33.3% from 2019

Average account balance

$43,932

+0.8% from 2019

Annual return

23.68%

-11.64 pp from 2019

Benchmarks

See 2,022 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort2,022 peers

Snapshot2020

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

0 tripped

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

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

$43,932

$63,861-31.2%

$104,639-58.0%

$79,856-45.0%

Participation rate

80.8%

64.9%+15.8pp

74.1%+6.7pp

69.6%+11.1pp

Annual return

23.68%

21.30%+2.4pp

340.67%-317.0pp

31.71%-8.0pp

Employer contribution / active EE

$2,491

$1,588+56.8%

$2,682-7.1%

$2,471+0.8%

Participant deferral / active EE

$5,264

$2,693+95.4%

$3,738+40.8%

$3,741+40.7%

Admin fee / account holder

$4,185-100.0%

$6,465-100.0%

$5,306-100.0%

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