Retirement plan

FISK ALLOY, INC. 401(K) SAVINGS PLAN

Name: FISK HOLDINGS INC. - FISK ALLOY, INC. 401(K) SAVINGS PLAN (2021) Form 5500
Creator: FISK HOLDINGS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FISK ALLOY, INC. 401(K) SAVINGS PLAN, FISK HOLDINGS INC.

FISK HOLDINGS INC.EIN 22-2010560Plan #001PY 2021

10 THOMAS ROAD - HAWTHORNE, NJ 07507973-825-8500fiskalloy.comLinkedIn201-500 employeesmechanical or industrial engineering

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$9.6M

-2.5% from 2020

Total participants

232

-13.1% from 2020

Average account balance

$41,791

+11.9% from 2020

Annual return

11.38%

+0.92 pp from 2020

Benchmarks

See 4,054 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,054 peers

Snapshot2021

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$12.42M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

239

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.

96.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.35M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$241

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
RETIREWELL ADMINISTRATORS5 years Filed as: RETIREWELL ADMINISTRATORS LLC Service code 15 · EIN 81-3429076 1002 LINCOLN DR W, STE H · MARLTON, NJ 08053	Recordkeeping	$40,555
MERRILL LYNCH PIERCE FENNER & SMITH5 years Filed as: MERRILL LYNCH LIFE AGENCY Service code 26 · EIN 13-2808480 1400 MERRILL LYNCH DR · PENNINGTON, NJ 08534	Advisory (Participants)	$24,620
MASSACHUSETTS MUTUAL LIFE INS. CO.7+ years Service code 15 · EIN 04-1590850 1295 STATE STREET · SPRINGFIELD, MA 01111	Recordkeeping	$4,469
MESIROW FINANCIAL INVESTMENT MANAGE5 years Filed as: MESIROW FINANCIAL MANAGEMENT INC Service code 49 · EIN 36-3429599	Other Services	$30

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$14K

$87 / participant

Investment mgmt$14K100.0%

% of EOY assets

0.146%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: WITHUMSMITH & BROWN, PC
Auditor EIN: 222027092
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,791

$84,936-50.8%

$111,297-62.5%

$79,386-47.4%

Participation rate

98.8%

75.9%+22.9pp

77.3%+21.4pp

70.7%+28.1pp

Annual return

11.38%

17.45%-6.1pp

54.65%-43.3pp

116.85%-105.5pp

Employer contribution / active EE

$848

$1,979-57.2%

$2,731-68.9%

$2,427-65.1%

Participant deferral / active EE

$4,073

$3,888+4.8%

$4,487-9.2%

$4,046+0.7%

Admin fee / account holder

$61

$537-88.6%

$7,964-99.2%

$626-90.2%

Provider

Service type

Compensation

RETIREWELL ADMINISTRATORS5 years

Filed as: RETIREWELL ADMINISTRATORS LLC

Service code 15 · EIN 81-3429076

1002 LINCOLN DR W, STE H · MARLTON, NJ 08053

Recordkeeping

$40,555

MERRILL LYNCH PIERCE FENNER & SMITH5 years

Filed as: MERRILL LYNCH LIFE AGENCY

Service code 26 · EIN 13-2808480

1400 MERRILL LYNCH DR · PENNINGTON, NJ 08534

Advisory (Participants)

$24,620

MASSACHUSETTS MUTUAL LIFE INS. CO.7+ years

Service code 15 · EIN 04-1590850

1295 STATE STREET · SPRINGFIELD, MA 01111

Recordkeeping

$4,469

MESIROW FINANCIAL INVESTMENT MANAGE5 years

Filed as: MESIROW FINANCIAL MANAGEMENT INC

Service code 49 · EIN 36-3429599

Other Services

$30

FISK ALLOY, INC. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FISK ALLOY, INC. 401(K) SAVINGS 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