Retirement plan

HURRICANE AEROSPACE SOLUTIONS 401(K) PROFIT SHARING PLAN

Name: HURRICANE AEROSPACE SOLUTIONS - HURRICANE AEROSPACE SOLUTIONS 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: HURRICANE AEROSPACE SOLUTIONS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HURRICANE AEROSPACE SOLUTIONS 401(K) PROFIT SHARING PLAN, HURRICANE AEROSPACE SOLUTIONS

HURRICANE AEROSPACE SOLUTIONSEIN 20-8484535Plan #001PY 2016

1480 SW 3RD STREET, C-10 - POMPANO BEACH, FL 33069954-345-9330

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$49K

+39.3% from 2015

Total participants

+50.0% from 2015

Average account balance

$24,586

+39.3% from 2015

Annual return

5.51%

+5.59 pp from 2015

Benchmarks

See 21,241 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,241 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$254K

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$815

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

+10.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2J2T3D

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).
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

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

$24,586

$88,707-72.3%

$74,184-66.9%

$273,972-91.0%

Participation rate

50.0%

79.4%-29.4pp

76.6%-26.6pp

83.0%-33.0pp

Annual return

5.51%

11.94%-6.4pp

17.74%-12.2pp

41.46%-35.9pp

Employer contribution / active EE

$884

$3,159-72.0%

$2,370-62.7%

$4,869-81.9%

Participant deferral / active EE

$5,086

$4,212+20.7%

$3,550+43.3%

$5,287-3.8%

Admin fee / account holder

$8,717-100.0%

$5,586-100.0%

$10,133-100.0%

HURRICANE AEROSPACE SOLUTIONS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

HURRICANE AEROSPACE SOLUTIONS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion