Retirement plan

UNIVERSAL PROJECTS INC T/A ACE DISTRIBUTING 401(K)PLAN

Name: UNIVERSAL PROJECTS INC T/A ACE DISTR - UNIVERSAL PROJECTS INC T/A ACE DISTRIBUTING 401(K)PLAN (2017) Form 5500
Creator: UNIVERSAL PROJECTS INC T/A ACE DISTR
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSAL PROJECTS INC T/A ACE DISTRIBUTING 401(K)PLAN, UNIVERSAL PROJECTS INC T/A ACE DISTR

UNIVERSAL PROJECTS INC T/A ACE DISTREIN 23-2576501Plan #002PY 2017

1800 PENNSYLVANIA AVENUE - YORK, PA 17404717-264-7811

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.6M

-12.4% from 2016

Total participants

-17.0% from 2016

Average account balance

$36,594

+3.6% from 2016

Annual return

13.31%

+5.65 pp from 2016

Benchmarks

See 9,327 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,327 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.07M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

124

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

$371K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$299

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

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 codes2E2F2G2J2T3D

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

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

$1.1M

$18475 / participant

Other / not subdivided$1M100.0%

% of EOY assets

40.531%

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

$36,594

$78,707-53.5%

$117,861-69.0%

$70,126-47.8%

Participation rate

96.5%

73.2%+23.3pp

79.7%+16.8pp

69.5%+27.0pp

Annual return

13.31%

23.30%-10.0pp

335.11%-321.8pp

73.15%-59.8pp

Employer contribution / active EE

$2,071

$2,223-6.9%

$3,786-45.3%

$2,343-11.6%

Participant deferral / active EE

$2,507

$3,297-24.0%

$4,482-44.1%

$3,332-24.7%

Admin fee / account holder

$14,832

$5,066+192.8%

$8,021+84.9%

$4,645+219.3%

UNIVERSAL PROJECTS INC T/A ACE DISTRIBUTING 401(K)PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSAL PROJECTS INC T/A ACE DISTRIBUTING 401(K)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