Retirement plan

CTE INCORPORATED 401(K) PLAN

Name: CTE INCORPORATED - CTE INCORPORATED 401(K) PLAN (2015) Form 5500
Creator: CTE INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CTE INCORPORATED 401(K) PLAN, CTE INCORPORATED

CTE INCORPORATEDEIN 20-1452774Plan #001PY 2015

450 WESTBURY AVENUE - CARLE PLACE, NY 11514516-326-8700

Prospect flagsLow returnsLow assets / participantLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$2.6M

No prior year

Total participants

156

No prior year

Average account balance

$16,399

No prior year

Annual return

-2.54%

No prior year

Benchmarks

See 22,773 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort22,773 peers

Snapshot2015

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$6.51M

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.

162

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$554K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+15.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$150

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 5 by compensation

Provider	Service type	Compensation
NATIONWIDE1+ years Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$31,146
TFS ADVISORY SERVICES1+ years Filed as: TFS SECURITIES, INC. Service code 26 437 NEWMAN SPRINGS RD · LINCROFT, NJ 07738	Advisory (Participants)	$22,417
JP MORGAN INVESTMENT MANAGEMENT INC1+ years Filed as: HANLON INVESTMENT MANAGEMENT, INC. Service code 26 3393 BARGAINTOWN ROAD, STE 200 · EGG HARBOR TWP, NJ 08234	Advisory (Participants)	$22,121
NATIONWIDE1+ years Filed as: NATIONWIDE LIFE INSURANCE Service code 15	Recordkeeping	$13,491
SENTINEL PENSION ADVISORS1+ years Filed as: SENTINEL BENEFITS GROUP, LLC Service code 15 100 QUANNAPOWITT PKWY, STE 300 · WAKEFIELD, MA 01880	Recordkeeping	$8,161

Plan features & details

Pension benefit codes2E2F2G2J2K2A3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$25K

$289 / participant

Investment mgmt$22K88.1%
Other / not subdivided$3K11.9%

% of EOY assets

0.982%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: ELKO & ASSOCIATES, LTD.
Auditor EIN: 233063393
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,399

$72,177-77.3%

$115,037-85.7%

$59,632-72.5%

Participation rate

100.0%

72.6%+27.4pp

81.4%+18.6pp

68.7%+31.3pp

Annual return

-2.54%

12.02%-14.6pp

26.14%-28.7pp

2041.28%-2043.8pp

Employer contribution / active EE

$2,579

$2,841-9.2%

$4,608-44.0%

$2,203+17.1%

Participant deferral / active EE

$945

$4,783-80.3%

$6,026-84.3%

$3,192-70.4%

Admin fee / account holder

$161

$4,927-96.7%

$8,175-98.0%

$4,297-96.3%

Provider

Service type

Compensation

NATIONWIDE1+ years

Filed as: NATIONWIDE LIFE INSURANCE COMPANY

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$31,146

TFS ADVISORY SERVICES1+ years

Filed as: TFS SECURITIES, INC.

Service code 26

437 NEWMAN SPRINGS RD · LINCROFT, NJ 07738

Advisory (Participants)

$22,417

JP MORGAN INVESTMENT MANAGEMENT INC1+ years

Filed as: HANLON INVESTMENT MANAGEMENT, INC.

Service code 26

3393 BARGAINTOWN ROAD, STE 200 · EGG HARBOR TWP, NJ 08234

Advisory (Participants)

$22,121

NATIONWIDE1+ years

Filed as: NATIONWIDE LIFE INSURANCE

Service code 15

Recordkeeping

$13,491

SENTINEL PENSION ADVISORS1+ years

Filed as: SENTINEL BENEFITS GROUP, LLC

Service code 15

100 QUANNAPOWITT PKWY, STE 300 · WAKEFIELD, MA 01880

Recordkeeping

$8,161

CTE INCORPORATED 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CTE INCORPORATED 401(K) 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