Retirement plan

AVMAX MONTANA, INC. 401(K) P/S PLAN

Name: AVMAX MONTANA, INC. - AVMAX MONTANA, INC. 401(K) P/S PLAN (2015) Form 5500
Creator: AVMAX MONTANA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AVMAX MONTANA, INC. 401(K) P/S PLAN, AVMAX MONTANA, INC.

AVMAX MONTANA, INC.EIN 20-4467616Plan #001PY 2015

1930 AIRPORT COURT - GREAT FALLS, MT 59404904-438-2418LinkedIn201-500 employeesairlines/aviation

Prospect flagsLow participationLow assets / participant

How to read this page

Total assets (EOY)

$892K

No prior year

Total participants

270

No prior year

Average account balance

$7,754

No prior year

Annual return

1.96%

No prior year

Benchmarks

See 599 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort599 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.90M

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

60.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$243K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+10.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2199

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

Top 2 by compensation

Provider	Service type	Compensation
PAI1+ years Service code 13 1300 ENTERPRISE DRIVE · DE PERE, WI 54115	Contract Administrator	$5,519
RBC WEALTH MANAGEMENT1+ years Filed as: RBC CAPITAL MARKETS Service code 27 101 RIVER DR N. · GREAT FALLS, MT 59401	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2G3D2F2E2J2K2T3H

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$3K

$12 / participant

Contract admin$3K100.0%

% of EOY assets

0.342%

all-in expense ratio

Categories reported

1 / 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: ZURMUEHLEN & CO., PC
Auditor EIN: 810385940
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$7,754

$39,458-80.3%

$60,547-87.2%

$55,191-86.0%

Participation rate

39.5%

59.6%-20.1pp

68.0%-28.5pp

69.2%-29.7pp

Annual return

1.96%

3.35%-1.4pp

335.64%-333.7pp

10.78%-8.8pp

Employer contribution / active EE

$426

$1,210-64.8%

$2,419-82.4%

$1,899-77.6%

Participant deferral / active EE

$743

$2,140-65.3%

$3,328-77.7%

$3,046-75.6%

Admin fee / account holder

$27

$95-72.1%

$4,536-99.4%

$91-70.8%

Provider

Service type

Compensation

PAI1+ years

Service code 13

1300 ENTERPRISE DRIVE · DE PERE, WI 54115

Contract Administrator

$5,519

RBC WEALTH MANAGEMENT1+ years

Filed as: RBC CAPITAL MARKETS

Service code 27

101 RIVER DR N. · GREAT FALLS, MT 59401

Advisory (Plan)

AVMAX MONTANA, INC. 401(K) P/S PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AVMAX MONTANA, INC. 401(K) P/S 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