Retirement plan

ASIA PACIFIC MANAGEMENT GROUP, INC. 401(K) SAFE HARBOR PLAN

Name: ASIA PACIFIC MANAGEMENT GROUP, INC - ASIA PACIFIC MANAGEMENT GROUP, INC. 401(K) SAFE HARBOR PLAN (2024) Form 5500
Creator: ASIA PACIFIC MANAGEMENT GROUP, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASIA PACIFIC MANAGEMENT GROUP, INC. 401(K) SAFE HARBOR PLAN, ASIA PACIFIC MANAGEMENT GROUP, INC

ASIA PACIFIC MANAGEMENT GROUP, INCEIN 20-4046120Plan #001PY 2024

515 S. FIGUEROA ST., STE. 1850 - LOS ANGELES, CA 90071213-680-8811LinkedIn1-10 employeesinvestment banking

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$264K

+24.4% from 2023

Total participants

0.0% from 2023

Average account balance

$88,025

+24.4% from 2023

Annual return

3.51%

-1.90 pp from 2023

Benchmarks

See 37,126 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort37,126 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$264K

Not enough data

1 years with asset history on file

Average account balance

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

$88K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$50K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+3.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1995

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$6K

$1995 / participant

Other / not subdivided$6K100.0%

% of EOY assets

2.267%

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

$88,025

$201,344-56.3%

$184,243-52.2%

$145,877-39.7%

Participation rate

100.0%

87.5%+12.5pp

86.8%+13.2pp

80.3%+19.7pp

Annual return

3.51%

29.01%-25.5pp

28.82%-25.3pp

551.28%-547.8pp

Employer contribution / active EE

$1,872

$7,022-73.3%

$6,427-70.9%

$4,663-59.9%

Participant deferral / active EE

$14,912

$9,807+52.1%

$9,132+63.3%

$6,691+122.9%

Admin fee / account holder

$1,995

$16,382-87.8%

$13,914-85.7%

$13,402-85.1%

ASIA PACIFIC MANAGEMENT GROUP, INC. 401(K) SAFE HARBOR PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASIA PACIFIC MANAGEMENT GROUP, INC. 401(K) SAFE HARBOR 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