Retirement plan

EPSTEIN AFFILIATED COMPANIES 401(K) PENSION PLAN

Name: ALDEN LEEDS, INC. - EPSTEIN AFFILIATED COMPANIES 401(K) PENSION PLAN (2020) Form 5500
Creator: ALDEN LEEDS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EPSTEIN AFFILIATED COMPANIES 401(K) PENSION PLAN, ALDEN LEEDS, INC.

ALDEN LEEDS, INC.EIN 22-1683651Plan #002PY 2020

55 JACOBUS AVE. - KEARNY, NJ 07032973-589-3544

Other plans on this EIN

1 filing

#003Retirement-$6.9M assets

Prospect flagsLow participationFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$22.7M

-0.2% from 2019

Total participants

270

-9.7% from 2019

Average account balance

$97,719

+1.1% from 2019

Annual return

10.92%

-9.66 pp from 2019

Benchmarks

See 9,208 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,208 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.12M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

200

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.

95.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$688K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+8.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$534

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 2 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.6+ years Service code 19 · EIN 94-1737782 211 MAIN STREET · SAN FRANCISCO, CA 94105	Securities Custodian	$49,784
EPIC RETIREMENT PLAN SERVICES6+ years Filed as: ABAR RETIREMENT PLAN SERVICES LLC Service code 15 · EIN 46-1281375 25B VREELAND RD. SUITE 103 · FLORHAM PARK, NJ 07932	Recordkeeping	$42,638

Plan features & details

Pension benefit codes2E2H2J2K2R2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$63K

$728 / participant

Other / not subdivided$63K100.0%

% of EOY assets

0.276%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GETTRY MARCUS CPA, P.C.
Auditor EIN: 133418879
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$97,719

$91,559+6.7%

$133,959-27.1%

$79,858+22.4%

Participation rate

55.8%

73.3%-17.5pp

79.8%-24.0pp

69.6%-13.8pp

Annual return

10.92%

61.85%-50.9pp

45.09%-34.2pp

31.72%-20.8pp

Employer contribution / active EE

$2,648

$2,384+11.1%

$3,919-32.4%

$2,471+7.2%

Participant deferral / active EE

$4,837

$3,734+29.5%

$5,047-4.2%

$3,740+29.3%

Admin fee / account holder

$270

$6,321-95.7%

$8,928-97.0%

$5,306-94.9%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.6+ years

Service code 19 · EIN 94-1737782

211 MAIN STREET · SAN FRANCISCO, CA 94105

Securities Custodian

$49,784

EPIC RETIREMENT PLAN SERVICES6+ years

Filed as: ABAR RETIREMENT PLAN SERVICES LLC

Service code 15 · EIN 46-1281375

25B VREELAND RD. SUITE 103 · FLORHAM PARK, NJ 07932

Recordkeeping

$42,638

EPSTEIN AFFILIATED COMPANIES 401(K) PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EPSTEIN AFFILIATED COMPANIES 401(K) PENSION 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