Retirement plan

INOLEX, INCORPORATED 401(K) PLAN FOR EMPLOYEES REPRESENTED BY THE WAREHOUSE EMPLOYEES' UNION, LOCAL 169, AFFILIATED WITH THE INTERNATIONAL B

Name: INOLEX, INCORPORATED - INOLEX, INCORPORATED 401(K) PLAN FOR EMPLOYEES REPRESENTED BY THE WAREHOUSE EMPLOYEES' UNION, LOCAL 169, AFFILIATED WITH THE INTERNATIONAL B (2019) Form 5500
Creator: INOLEX, INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INOLEX, INCORPORATED 401(K) PLAN FOR EMPLOYEES REPRESENTED BY THE WAREHOUSE EMPLOYEES' UNION, LOCAL 169, AFFILIATED WITH THE INTERNATIONAL B, INOLEX, INCORPORATED

INOLEX, INCORPORATEDEIN 23-2181869Plan #004PY 2019

2101 SOUTH SWANSON STREET - PHILADELPHIA, PA 19148215-271-0800inolex.comLinkedIn51-200 employeescosmetics

Other plans on this EIN

1 filing

#005Retirement-$11.2M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$4.1M

+3.6% from 2018

Total participants

0.0% from 2018

Average account balance

$142,196

+3.6% from 2018

Annual return

5.64%

-5.88 pp from 2018

Benchmarks

See 5,807 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,807 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-100.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2F2G2J2T3D2E

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$304K

$11695 / participant

Other / not subdivided$304K100.0%

% of EOY assets

7.374%

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

$142,196

$76,371+86.2%

$93,621+51.9%

$72,976+94.9%

Participation rate

100.0%

71.8%+28.2pp

75.8%+24.2pp

69.5%+30.5pp

Annual return

5.64%

25.82%-20.2pp

32.76%-27.1pp

81.02%-75.4pp

Employer contribution / active EE

$4,804

$2,276+111.1%

$2,719+76.7%

$2,440+96.9%

Participant deferral / active EE

$3,657

$3,538+3.3%

$4,070-10.1%

$3,608+1.4%

Admin fee / account holder

$10,485

$6,839+53.3%

$7,890+32.9%

$5,124+104.6%

INOLEX, INCORPORATED 401(K) PLAN FOR EMPLOYEES REPRESENTED BY THE WAREHOUSE EMPLOYEES' UNION, LOCAL 169, AFFILIATED WITH THE INTERNATIONAL B

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INOLEX, INCORPORATED 401(K) PLAN FOR EMPLOYEES REPRESENTED BY THE WAREHOUSE EMPLOYEES' UNION, LOCAL 169, AFFILIATED WITH THE INTERNATIONAL B

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