Retirement plan

POLYMERIC RESOURCES CORP. 401(K) DEFERRED COMPENSATION PLAN

Name: POLYMERIC RESOURCES CORP. - POLYMERIC RESOURCES CORP. 401(K) DEFERRED COMPENSATION PLAN (2017) Form 5500
Creator: POLYMERIC RESOURCES CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, POLYMERIC RESOURCES CORP. 401(K) DEFERRED COMPENSATION PLAN, POLYMERIC RESOURCES CORP.

POLYMERIC RESOURCES CORP.EIN 22-2171986Plan #001PY 2017

55 HAUL ROAD - WAYNE, NJ 07470973-694-4141

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$4.8M

+33.2% from 2016

Total participants

129

-1.5% from 2016

Average account balance

$74,764

+33.2% from 2016

Annual return

24.62%

+22.95 pp from 2016

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.59M

Not enough data

1 years with asset history on file

Average account balance

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

$217K

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.

90.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$428K

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

+24.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18519

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 codes2E2F2G2J3D

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$888

$7 / participant

Contract admin$888100.0%

% of EOY assets

0.019%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MAYER RISPLER & CO., P.C.
Auditor EIN: 113108982
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$74,764

$63,314+18.1%

$91,004-17.8%

$62,293+20.0%

Participation rate

45.8%

73.3%-27.5pp

75.6%-29.8pp

69.5%-23.7pp

Annual return

24.62%

21.00%+3.6pp

4.60%+20.0pp

28.90%-4.3pp

Employer contribution / active EE

$1,241

$1,807-31.3%

$2,456-49.5%

$2,042-39.2%

Participant deferral / active EE

$2,264

$2,944-23.1%

$3,548-36.2%

$3,169-28.6%

Admin fee / account holder

$14

$468-97.0%

$5,417-99.7%

$479-97.1%

POLYMERIC RESOURCES CORP. 401(K) DEFERRED COMPENSATION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

POLYMERIC RESOURCES CORP. 401(K) DEFERRED COMPENSATION 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