Retirement plan

AMUNEAL RETIREMENT & SAVINGS PLAN

Name: AMUNEAL MANUFACTURING CORPORATION - AMUNEAL RETIREMENT & SAVINGS PLAN (2023) Form 5500
Creator: AMUNEAL MANUFACTURING CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMUNEAL RETIREMENT & SAVINGS PLAN, AMUNEAL MANUFACTURING CORPORATION

AMUNEAL MANUFACTURING CORPORATIONEIN 23-1657448Plan #002PY 2023

4737 DARRAH STREET - PHILADELPHIA, PA 19124215-535-3000amuneal.comLinkedIn201-500 employeesdesign

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$24.3M

+17.9% from 2022

Total participants

208

-2.3% from 2022

Average account balance

$116,801

+17.9% from 2022

Annual return

18.48%

+35.84 pp from 2022

Benchmarks

See 4,137 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,137 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$28.04M

Not enough data

1 years with asset history on file

Average account balance

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

$134K

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.

210

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.

93.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.94M

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

+14.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$397

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 4 by compensation

Provider	Service type	Compensation
LPL FINANCIAL8 years Service code 27 POST OFFICE BOX 502533 · SAN DIEGO, CA 92150	Advisory (Plan)	$45,656
BELFINT, LYONS & SHUMAN, P.A.7 years Service code 10 1011 CENTRE ROAD, SUITE 310 · WILMINGTON, DE 19805	Accounting	$11,000
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INS. CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$10,512
COMMONWEALTH TPA SOLUTIONS2 years Service code 13 8 COMMONWEALTH DRIVE · MEDFORD, NJ 08055	Contract Administrator	$9,860

Plan features & details

Pension benefit codes2E2J2K2F2G2R3D

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.
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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$71K

$451 / participant

Recordkeeping$71K100.0%

% of EOY assets

0.291%

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: BELFINT LYONS SHUMAN
Auditor EIN: 510232399
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$116,801

$76,112+53.5%

$96,544+21.0%

$71,529+63.3%

Participation rate

100.0%

74.4%+25.6pp

76.0%+24.0pp

67.9%+32.1pp

Annual return

18.48%

22.80%-4.3pp

25.88%-7.4pp

28.97%-10.5pp

Employer contribution / active EE

$7,539

$2,248+235.4%

$2,966+154.1%

$2,590+191.1%

Participant deferral / active EE

$5,588

$4,217+32.5%

$4,851+15.2%

$4,291+30.2%

Admin fee / account holder

$340

$2,708-87.4%

$8,254-95.9%

$1,588-78.6%

Provider

Service type

Compensation

LPL FINANCIAL8 years

Service code 27

POST OFFICE BOX 502533 · SAN DIEGO, CA 92150

Advisory (Plan)

$45,656

BELFINT, LYONS & SHUMAN, P.A.7 years

Service code 10

1011 CENTRE ROAD, SUITE 310 · WILMINGTON, DE 19805

Accounting

$11,000

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INS. CO

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$10,512

COMMONWEALTH TPA SOLUTIONS2 years

Service code 13

8 COMMONWEALTH DRIVE · MEDFORD, NJ 08055

Contract Administrator

$9,860

AMUNEAL RETIREMENT & SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMUNEAL RETIREMENT & 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