Retirement plan

AZTEC SOLAR, INC. 401(K) PLAN

Name: AZTEC SOLAR, INC. - AZTEC SOLAR, INC. 401(K) PLAN (2023) Form 5500
Creator: AZTEC SOLAR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AZTEC SOLAR, INC. 401(K) PLAN, AZTEC SOLAR, INC.

AZTEC SOLAR, INC.EIN 26-2397527Plan #002PY 2023

11370 TRADE CENTER DRIVE, SUITE 1 - SACRAMENTO, CA 95742916-853-2700aztecsolar.comLinkedIn11-50 employeesrenewables & environment

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$1.7M

+25.3% from 2022

Total participants

+2.2% from 2022

Average account balance

$36,986

+25.3% from 2022

Annual return

11.12%

+11.12 pp from 2022

Benchmarks

See 9,478 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,478 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.01M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

177.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$166K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+9.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$168

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 codes2E2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$36,986

$65,566-43.6%

$86,235-57.1%

$75,177-50.8%

Participation rate

96.9%

60.5%+36.4pp

69.0%+27.9pp

67.2%+29.7pp

Annual return

11.12%

46.07%-35.0pp

1170.03%-1158.9pp

160.75%-149.6pp

Employer contribution / active EE

$2,426

$1,553+56.2%

$2,381+1.9%

$2,671-9.2%

Participant deferral / active EE

$3,603

$3,023+19.2%

$3,987-9.6%

$4,126-12.7%

Admin fee / account holder

$5,470-100.0%

$6,856-100.0%

$5,651-100.0%

AZTEC SOLAR, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

AZTEC SOLAR, INC. 401(K) 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