Retirement plan

INGRAM'S COMPANIES 401(K) RETIREMENT PLAN

Name: INGRAM'S WATER & AIR EQUIPMENT, LLC - INGRAM'S COMPANIES 401(K) RETIREMENT PLAN (2020) Form 5500
Creator: INGRAM'S WATER & AIR EQUIPMENT, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INGRAM'S COMPANIES 401(K) RETIREMENT PLAN, INGRAM'S WATER & AIR EQUIPMENT, LLC

INGRAM'S WATER & AIR EQUIPMENT, LLCEIN 26-2168035Plan #001PY 2020

50 REMINGTON WAY - HICKORY, KY 42051270-575-9595

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$474K

No prior year

Total participants

No prior year

Average account balance

$9,868

No prior year

Annual return

24.10%

+24.10 pp from 2019

Benchmarks

See 569 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants25-99

Cohort569 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.14M

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

152

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.

62.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$691K

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

+11.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$156

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$83K

$1513 / participant

Other / not subdivided$83K100.0%

% of EOY assets

17.574%

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

$9,868

$88,370-88.8%

$112,977-91.3%

$79,852-87.6%

Participation rate

78.2%

76.8%+1.4pp

82.6%-4.4pp

69.6%+8.5pp

Annual return

24.10%

23.16%+0.9pp

24.24%-0.1pp

31.72%-7.6pp

Employer contribution / active EE

$1,732

$3,398-49.0%

$4,255-59.3%

$2,471-29.9%

Participant deferral / active EE

$2,332

$4,536-48.6%

$5,836-60.0%

$3,740-37.7%

Admin fee / account holder

$1,734

$5,750-69.8%

$6,294-72.4%

$5,306-67.3%

INGRAM'S COMPANIES 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INGRAM'S COMPANIES 401(K) RETIREMENT 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