Retirement plan

TEDDICO RETIREMENT PLAN

Name: ELECTRICAL DESIGN DEV & IMPLEMENTATION CO - TEDDICO RETIREMENT PLAN (2016) Form 5500
Creator: ELECTRICAL DESIGN DEV & IMPLEMENTATION CO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TEDDICO RETIREMENT PLAN, ELECTRICAL DESIGN DEV & IMPLEMENTATION CO

ELECTRICAL DESIGN DEV & IMPLEMENTATION COEIN 25-1805905Plan #001PY 2016

PO BOX 1462 - CANONSBURG, PA 153174462412-747-4970

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$147K

No prior year

Total participants

No prior year

Average account balance

$24,491

No prior year

Annual return

7.04%

No prior year

Benchmarks

See 22,113 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,113 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$321K

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

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.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$45K

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

+6.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21589

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 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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant 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.

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

$24,491

$131,835-81.4%

$108,582-77.4%

$273,970-91.1%

Participation rate

71.4%

83.5%-12.0pp

79.6%-8.1pp

83.0%-11.6pp

Annual return

7.04%

-91.57%+98.6pp

-51.70%+58.7pp

41.46%-34.4pp

Employer contribution / active EE

$950

$4,913-80.7%

$3,758-74.7%

$4,869-80.5%

Participant deferral / active EE

$950

$5,127-81.5%

$4,311-78.0%

$5,287-82.0%

Admin fee / account holder

$10,253-100.0%

$7,645-100.0%

$10,132-100.0%

TEDDICO RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TEDDICO RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion