Retirement plan

THE ARNOLD MAGNETIC TECHNOLOGIES CORPORATION EMPLOYEE RETIREMNET SAVINGS PLAN

Name: ARNOLD MAGNETIC TECHNOLOGIES CORPORATION - THE ARNOLD MAGNETIC TECHNOLOGIES CORPORATION EMPLOYEE RETIREMNET SAVINGS PLAN (2015) Form 5500
Creator: ARNOLD MAGNETIC TECHNOLOGIES CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ARNOLD MAGNETIC TECHNOLOGIES CORPORATION EMPLOYEE RETIREMNET SAVINGS PLAN, ARNOLD MAGNETIC TECHNOLOGIES CORPORATION

ARNOLD MAGNETIC TECHNOLOGIES CORPORATIONEIN 20-2368759Plan #001PY 2015

770 LINDEN AVENUE - ROCHESTER, NY 14625585-385-9010arnoldmagnetics.comLinkedIn501-1000 employeesmining & metals

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$17.6M

No prior year

Total participants

329

No prior year

Average account balance

$64,505

No prior year

Annual return

1.30%

No prior year

Benchmarks

See 2,226 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,226 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$28.86M

Not enough data

1 years with asset history on file

Average account balance

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

$68K

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.

423

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.

95.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.98M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+20.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$236

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

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.1+ years Service code 15 · EIN 23-1945930	Recordkeeping	$3,890

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$2K

$9 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.013%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: INSERO & CO. CPAS, LLP
Auditor EIN: 475324570
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$64,505

$72,770-11.4%

$67,653-4.7%

$55,191+16.9%

Participation rate

79.5%

78.8%+0.7pp

75.7%+3.8pp

69.2%+10.3pp

Annual return

1.30%

-3.26%+4.6pp

6625.22%-6623.9pp

10.78%-9.5pp

Employer contribution / active EE

$658

$1,769-62.8%

$2,266-70.9%

$1,899-65.3%

Participant deferral / active EE

$2,861

$3,408-16.0%

$3,560-19.6%

$3,046-6.1%

Admin fee / account holder

$79-89.1%

$4,821-99.8%

$91-90.6%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.1+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$3,890

THE ARNOLD MAGNETIC TECHNOLOGIES CORPORATION EMPLOYEE RETIREMNET SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ARNOLD MAGNETIC TECHNOLOGIES CORPORATION EMPLOYEE RETIREMNET SAVINGS 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