Retirement plan

ARCTIC CIRCLE AIR, INC. 401K PLAN

Name: ARCTIC CIRCLE AIR, INC. - ARCTIC CIRCLE AIR, INC. 401K PLAN (2018) Form 5500
Creator: ARCTIC CIRCLE AIR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARCTIC CIRCLE AIR, INC. 401K PLAN, ARCTIC CIRCLE AIR, INC.

ARCTIC CIRCLE AIR, INC.EIN 26-0869964Plan #001PY 2018

4850 GOLDEN PARKWAY, SUITE B410 - BUFORD, GA 305185855770-904-3102getcoolatlanta.comLinkedIn11-50 employeesconstruction

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$79K

+94.1% from 2017

Total participants

+33.3% from 2017

Average account balance

$39,720

+94.1% from 2017

Annual return

-5.49%

-5.49 pp from 2017

Benchmarks

See 38,941 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort38,941 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$533K

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$97K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+9.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1541

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 codes2E2G2J

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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$128

$64 / participant

Other / not subdivided$128100.0%

% of EOY assets

0.161%

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

$39,720

$97,729-59.4%

$83,830-52.6%

$135,379-70.7%

Participation rate

0.0%

80.0%-80.0pp

76.1%-76.1pp

82.6%-82.6pp

Annual return

-5.49%

1287.52%-1293.0pp

850.97%-856.5pp

519.79%-525.3pp

Employer contribution / active EE

$1,875

$4,222-55.6%

$3,631-48.4%

$4,779-60.8%

Participant deferral / active EE

$18,500

$4,683+295.1%

$4,082+353.2%

$5,609+229.8%

Admin fee / account holder

$64

$6,674-99.0%

$5,479-98.8%

$10,828-99.4%

ARCTIC CIRCLE AIR, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARCTIC CIRCLE AIR, INC. 401K 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