Retirement plan

RICHARD A. ALAIMO ASSOCIATES SAVINGS AND INVESTMEN

Name: RICHARD A. ALAIMO ASSOCIATES - RICHARD A. ALAIMO ASSOCIATES SAVINGS AND INVESTMEN (2017) Form 5500
Creator: RICHARD A. ALAIMO ASSOCIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RICHARD A. ALAIMO ASSOCIATES SAVINGS AND INVESTMEN, RICHARD A. ALAIMO ASSOCIATES

RICHARD A. ALAIMO ASSOCIATESEIN 22-1824833Plan #001PY 2017

200 HIGH ST - MOUNT HOLLY, NJ 08060609-267-8310LinkedIn51-200 employeesmechanical or industrial engineering

Prospect flagsLow returnsHigh assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$35.4M

+13.7% from 2016

Total participants

127

+8.5% from 2016

Average account balance

$324,498

+7.4% from 2016

Annual return

13.38%

+6.91 pp from 2016

Benchmarks

See 5,160 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,160 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$41.31M

Not enough data

1 years with asset history on file

Average account balance

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

$306K

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.

135

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.

92.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+9.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$309

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 10 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$1,595
ALLIANZ GLOBAL INVESTORS1 year Service code 52 · EIN 33-0457728	Indirect Investment Fees	$0
AMERICAN REALTY ADVISORS1 year Filed as: AMERICAN BEACON Service code 52 · EIN 75-2401150	Indirect Investment Fees	$0
AMERICAN FUNDS1 year Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0
CRM1 year Service code 52 · EIN 01-0513518	Indirect Investment Fees	$0
FRANKLIN TEMPLETON1 year Filed as: FRANKLINTEMPLETON Service code 52 · EIN 22-2894171	Indirect Investment Fees	$0
HARRIS1 year Service code 52 · EIN 04-3276558	Indirect Investment Fees	$0
OPPENHEIMER1 year Service code 52 · EIN 93-1036175	Indirect Investment Fees	$0
THORNBURG1 year Service code 52 · EIN 85-0474953	Indirect Investment Fees	$0
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO Service code 52 · EIN 41-0449260	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G3D3H2T

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.
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

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$2K

$14 / participant

Contract admin$2K100.0%

% of EOY assets

0.005%

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: BOWMAN & COMPANY LLP
Auditor EIN: 210658561
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$324,498

$80,753+301.8%

$136,297+138.1%

$62,293+420.9%

Participation rate

84.6%

73.5%+11.1pp

81.9%+2.7pp

69.5%+15.1pp

Annual return

13.38%

35.83%-22.4pp

5156.19%-5142.8pp

28.90%-15.5pp

Employer contribution / active EE

$6,195

$2,884+114.8%

$4,696+31.9%

$2,042+203.3%

Participant deferral / active EE

$3,371

$5,164-34.7%

$6,247-46.0%

$3,169+6.4%

Admin fee / account holder

$15

$525-97.2%

$9,244-99.8%

$479-96.9%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$1,595

ALLIANZ GLOBAL INVESTORS1 year

Service code 52 · EIN 33-0457728

Indirect Investment Fees

AMERICAN REALTY ADVISORS1 year

Filed as: AMERICAN BEACON

Service code 52 · EIN 75-2401150

Indirect Investment Fees

AMERICAN FUNDS1 year

Service code 52 · EIN 90-0342299

Indirect Investment Fees

CRM1 year

Service code 52 · EIN 01-0513518

Indirect Investment Fees

FRANKLIN TEMPLETON1 year

Filed as: FRANKLINTEMPLETON

Service code 52 · EIN 22-2894171

Indirect Investment Fees

HARRIS1 year

Service code 52 · EIN 04-3276558

Indirect Investment Fees

OPPENHEIMER1 year

Service code 52 · EIN 93-1036175

Indirect Investment Fees

THORNBURG1 year

Service code 52 · EIN 85-0474953

Indirect Investment Fees

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO

Service code 52 · EIN 41-0449260

Indirect Investment Fees

RICHARD A. ALAIMO ASSOCIATES SAVINGS AND INVESTMEN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RICHARD A. ALAIMO ASSOCIATES SAVINGS AND INVESTMEN

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