Retirement plan

IAM 401(K) RETIREMENT PLAN

Name: INCAST ASSET MANAGEMENT, INC. - IAM 401(K) RETIREMENT PLAN (2019) Form 5500
Creator: INCAST ASSET MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IAM 401(K) RETIREMENT PLAN, INCAST ASSET MANAGEMENT, INC.

INCAST ASSET MANAGEMENT, INC.EIN 26-2429216Plan #002PY 2019

6400 ARTESIA BLVD. - BUENA PARK, CA 90620714-385-8900

Prospect flagsRecently reached 100 employeesCorrective distributions

How to read this page

Total assets (EOY)

$5.7M

+36.4% from 2018

Total participants

184

+46.0% from 2018

Average account balance

$34,412

-93.4% from 2018

Annual return

21.85%

+27.90 pp from 2018

Benchmarks

See 4,277 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,277 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.14M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

221

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.

87.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.34M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$296

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

Top 4 by compensation

Provider	Service type	Compensation
RPA FINANCIAL, LLC1 year Service code 27 · EIN 83-1143379	Advisory (Plan)	$20,686
MAXUS PLAN SOLUTIONS1 year Filed as: MAXUS PLAN SOLUTIONS INC. Service code 13 · EIN 45-4012897	Contract Administrator	$5,339
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290	Contract Administrator	$4,252
MAXUS PLAN SOLUTIONS2+ years Service code 13	Contract Administrator	$1,750

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$30K

$224 / participant

Investment mgmt$21K68.3%
Contract admin$10K31.7%

% of EOY assets

0.533%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WRIGHT FORD YOUNG & CO
Auditor EIN: 953288054
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,412

$65,376-47.4%

$87,104-60.5%

$65,185-47.2%

Participation rate

85.9%

75.3%+10.6pp

76.9%+9.1pp

70.2%+15.7pp

Annual return

21.85%

31.27%-9.4pp

28.19%-6.3pp

29.38%-7.5pp

Employer contribution / active EE

$927

$1,822-49.2%

$2,521-63.3%

$2,177-57.4%

Participant deferral / active EE

$4,875

$3,388+43.9%

$4,048+20.4%

$3,514+38.7%

Admin fee / account holder

$184

$520-64.7%

$7,491-97.6%

$847-78.3%

Provider

Service type

Compensation

RPA FINANCIAL, LLC1 year

Service code 27 · EIN 83-1143379

Advisory (Plan)

$20,686

MAXUS PLAN SOLUTIONS1 year

Filed as: MAXUS PLAN SOLUTIONS INC.

Service code 13 · EIN 45-4012897

Contract Administrator

$5,339

PRINCIPAL LIFE INSURANCE COMPANY2+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$4,252

MAXUS PLAN SOLUTIONS2+ years

Service code 13

Contract Administrator

$1,750

IAM 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IAM 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