Retirement plan

I & I SLING, INC. 401(K) PROFIT SHARING PLAN

Name: I & I SLING, INC. - I & I SLING, INC. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: I & I SLING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, I & I SLING, INC. 401(K) PROFIT SHARING PLAN, I & I SLING, INC.

I & I SLING, INC.EIN 23-1858328Plan #001PY 2018

205 BRIDGEWATER ROAD, P.O. BOX 2423 - ASTON, PA 190143426610-485-8500iandisling.comLinkedIn51-200 employeesconsumer goods

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.2M

-5.5% from 2017

Total participants

101

-19.2% from 2017

Average account balance

$81,507

+16.9% from 2017

Annual return

-7.11%

-22.12 pp from 2017

Benchmarks

See 14,950 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,950 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.13M

Not enough data

1 years with asset history on file

Average account balance

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

$111K

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.

136

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$527K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$407

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 3 by compensation

Provider	Service type	Compensation
CBIZ RETIREMENT PLAN SERVICES1 year Filed as: CBIZ INVESTMENT ADVISORY SERVICES, Service code 26 · EIN 81-3968784	Advisory (Participants)	$13,078
INR ADVISORY SERVICES, LLC2 years Service code 26 · EIN 02-0755540	Advisory (Participants)	$12,311
ASPIRE FINANCIAL SERVICES2 years Service code 15 · EIN 27-1033755	Recordkeeping	$8,343

Plan features & details

Pension benefit codes2E2G2J2K

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

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

$37K

$445 / participant

Other / not subdivided$37K100.0%

% of EOY assets

0.443%

all-in expense ratio

Categories reported

0 / 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: WIPFLI. LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$81,507

$62,586+30.2%

$76,766+6.2%

$64,181+27.0%

Participation rate

100.0%

72.8%+27.2pp

77.0%+23.0pp

69.6%+30.4pp

Annual return

-7.11%

-1.95%-5.2pp

2.43%-9.5pp

7.63%-14.7pp

Employer contribution / active EE

$2,158

$1,832+17.8%

$2,485-13.2%

$2,381-9.3%

Participant deferral / active EE

$3,541

$3,145+12.6%

$3,851-8.1%

$3,470+2.0%

Admin fee / account holder

$361

$4,667-92.3%

$6,675-94.6%

$4,887-92.6%

Provider

Service type

Compensation

CBIZ RETIREMENT PLAN SERVICES1 year

Filed as: CBIZ INVESTMENT ADVISORY SERVICES,

Service code 26 · EIN 81-3968784

Advisory (Participants)

$13,078

INR ADVISORY SERVICES, LLC2 years

Service code 26 · EIN 02-0755540

Advisory (Participants)

$12,311

ASPIRE FINANCIAL SERVICES2 years

Service code 15 · EIN 27-1033755

Recordkeeping

$8,343

I & I SLING, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

I & I SLING, INC. 401(K) PROFIT SHARING 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