Retirement plan

AMERICA FASHION CLOTHING, INC. RETIREMENT PLAN

Name: AMERICA FASHION CLOTHING, INC. - AMERICA FASHION CLOTHING, INC. RETIREMENT PLAN (2023) Form 5500
Creator: AMERICA FASHION CLOTHING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICA FASHION CLOTHING, INC. RETIREMENT PLAN, AMERICA FASHION CLOTHING, INC.

AMERICA FASHION CLOTHING, INC.EIN 20-1856475Plan #001PY 2023

1113 1/2 S. LOS ANGELES ST. - LOS ANGELES, CA 90015213-559-7559theivyuniform.comLinkedIn1-10 employeesapparel & fashion

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$126K

+9.7% from 2022

Total participants

-14.3% from 2022

Average account balance

$31,436

+9.7% from 2022

Annual return

9.72%

+6.84 pp from 2022

Benchmarks

See 22,148 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,148 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$137K

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

33.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+8.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$208

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 codes2E2F2G2J3D

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.
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.

Expense breakdown

Schedule H Part II

Admin total

$570

$48 / participant

Other / not subdivided$570100.0%

% of EOY assets

0.453%

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

$31,436

$102,696-69.4%

$86,235-63.5%

$139,487-77.5%

Participation rate

33.3%

74.5%-41.2pp

69.0%-35.6pp

80.3%-47.0pp

Annual return

9.72%

1925.91%-1916.2pp

1170.03%-1160.3pp

373.84%-364.1pp

Employer contribution / active EE

$3,034-100.0%

$2,381-100.0%

$4,755-100.0%

Participant deferral / active EE

$4,679-100.0%

$3,987-100.0%

$6,713-100.0%

Admin fee / account holder

$143

$8,667-98.4%

$6,856-97.9%

$11,407-98.8%

AMERICA FASHION CLOTHING, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICA FASHION CLOTHING, INC. RETIREMENT 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