Retirement plan

LEISS TOOL AND DIE 401(K) PROFIT SHARING PLAN

Name: LEISS TOOL & DIE - LEISS TOOL AND DIE 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: LEISS TOOL & DIE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEISS TOOL AND DIE 401(K) PROFIT SHARING PLAN, LEISS TOOL & DIE

LEISS TOOL & DIEEIN 25-1297626Plan #001PY 2019

801 NORTH PLEASANT AVENUE - SOMERSET, PA 15501814-444-1444LinkedIn1-10 employees

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$10.3M

+18.3% from 2018

Total participants

157

+4.0% from 2018

Average account balance

$67,153

+16.0% from 2018

Annual return

23.86%

+29.00 pp from 2018

Benchmarks

See 4,277 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,277 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.31M

Not enough data

1 years with asset history on file

Average account balance

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

$126K

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.

114

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.

95.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$374K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+18.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$333

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 2 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.1 year Service code 15 · EIN 27-2037969	Recordkeeping	$18,549
PNC BANK, N.A.5+ years Service code 25 · EIN 22-1146430	Directed Trustee	$16,893

Plan features & details

Pension benefit codes2E2G2J2K2T3D

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.
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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$35K

$255 / participant

Other / not subdivided$35K100.0%

% of EOY assets

0.345%

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: BARNES SALY & COMPANY, P.C.
Auditor EIN: 364775872
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$67,153

$65,376+2.7%

$87,104-22.9%

$65,185+3.0%

Participation rate

97.1%

75.3%+21.8pp

76.9%+20.2pp

70.2%+26.9pp

Annual return

23.86%

31.27%-7.4pp

28.19%-4.3pp

29.38%-5.5pp

Employer contribution / active EE

$360

$1,822-80.3%

$2,521-85.7%

$2,177-83.5%

Participant deferral / active EE

$2,000

$3,388-41.0%

$4,048-50.6%

$3,514-43.1%

Admin fee / account holder

$232

$520-55.4%

$7,491-96.9%

$847-72.7%

Provider

Service type

Compensation

NEWPORT GROUP, INC.1 year

Service code 15 · EIN 27-2037969

Recordkeeping

$18,549

PNC BANK, N.A.5+ years

Service code 25 · EIN 22-1146430

Directed Trustee

$16,893

LEISS TOOL AND DIE 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEISS TOOL AND DIE 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