Retirement plan

ADVANTAGES RETIREMENT PLAN

Name: ADVANTAGES PRINTING, INC. - ADVANTAGES RETIREMENT PLAN (2022) Form 5500
Creator: ADVANTAGES PRINTING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADVANTAGES RETIREMENT PLAN, ADVANTAGES PRINTING, INC.

ADVANTAGES PRINTING, INC.EIN 22-3532901Plan #001PY 2022

58-35 UTOPIA PARKWAY, SUITE 1A - FRESH MEADOW, NY 11365718-820-0688

Other plans on this EIN

1 filing

#002Retirement-$705K assets

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$782K

-16.1% from 2021

Total participants

-13.3% from 2021

Average account balance

$60,185

-3.2% from 2021

Annual return

-16.39%

-25.49 pp from 2021

Benchmarks

See 8,666 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,666 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.10M

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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.

280.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$61K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+12.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1268

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 codes2E2H2J

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.

Opportunity flags

1 tripped

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

$3K

$471 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.361%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$60,185

$105,861-43.1%

$90,756-33.7%

$134,509-55.3%

Participation rate

100.0%

78.2%+21.8pp

75.7%+24.3pp

81.2%+18.8pp

Annual return

-16.39%

-10.99%-5.4pp

-12.16%-4.2pp

418.13%-434.5pp

Employer contribution / active EE

$971

$3,463-72.0%

$2,922-66.8%

$4,741-79.5%

Participant deferral / active EE

$5,217-100.0%

$4,565-100.0%

$6,400-100.0%

Admin fee / account holder

$218

$13,938-98.4%

$8,445-97.4%

$11,427-98.1%

ADVANTAGES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADVANTAGES RETIREMENT 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