Retirement plan

ECIGROUP EMPLOYEE STOCK OWNERSHIP PLAN

Name: ECIGROUP - ECIGROUP EMPLOYEE STOCK OWNERSHIP PLAN (2021) Form 5500
Creator: ECIGROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ECIGROUP EMPLOYEE STOCK OWNERSHIP PLAN, ECIGROUP

ECIGROUPEIN 25-1677700Plan #004PY 2021

124 WEST CHURCH STREET - DILLSBURG, PA 17019717-638-2000ecigroup.usLinkedIn201-500 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$25.6M assets

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$2.3M

+2.9% from 2020

Total participants

239

+6.2% from 2020

Average account balance

$9,645

-3.1% from 2020

Annual return

-6.83%

-7.55 pp from 2020

Benchmarks

See 2,980 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,980 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.82M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

258

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.

92.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$715K

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

+9.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$318

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
CONRAD SIEGEL4 years Service code 15 · EIN 23-1669823	Recordkeeping	$17,147
MARTIN M SACKS & ASSOCIATES6 years Filed as: MARTIN M. SACKS & ASSOCIATES Service code 10 · EIN 23-1979781	Accounting	$10,035
MCKONLY & ASBURY LLP1 year Service code 34 415 FALLOWFIELD ROAD · CAMP HILL, PA 17011	Valuation (appraisals, etc.)	$7,250
FULTON FINANCIAL ADVISORS1 year Service code 12 · EIN 23-2195389	Claims processing; Investment advisor...	$6,334

Plan features & details

Pension benefit codes2A2P2Q3I

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$44K

$265 / participant

Other / not subdivided$44K100.0%

% of EOY assets

1.918%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MARTIN M. SACKS & ASSOCIATES
Auditor EIN: 231979781
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$9,645

$77,677-87.6%

$109,173-91.2%

$79,391-87.9%

Participation rate

100.0%

67.8%+32.2pp

75.9%+24.1pp

70.7%+29.3pp

Annual return

-6.83%

23.44%-30.3pp

25.75%-32.6pp

116.88%-123.7pp

Employer contribution / active EE

$1,430

$2,798-48.9%

$3,723-61.6%

$2,428-41.1%

Participant deferral / active EE

$3,517-100.0%

$4,654-100.0%

$4,046-100.0%

Admin fee / account holder

$185

$732-74.7%

$6,755-97.3%

$627-70.5%

Provider

Service type

Compensation

CONRAD SIEGEL4 years

Service code 15 · EIN 23-1669823

Recordkeeping

$17,147

MARTIN M SACKS & ASSOCIATES6 years

Filed as: MARTIN M. SACKS & ASSOCIATES

Service code 10 · EIN 23-1979781

Accounting

$10,035

MCKONLY & ASBURY LLP1 year

Service code 34

415 FALLOWFIELD ROAD · CAMP HILL, PA 17011

Valuation (appraisals, etc.)

$7,250

FULTON FINANCIAL ADVISORS1 year

Service code 12 · EIN 23-2195389

Claims processing; Investment advisor...

$6,334

ECIGROUP EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ECIGROUP EMPLOYEE STOCK OWNERSHIP 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