Retirement plan

NAIL ALLIANCE 401(K) PLAN

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

NAIL ALLIANCE NORTH AMERICA, INC.EIN 26-4385239Plan #001PY 2023

1545 MOONSTONE - BREA, CA 92821714-773-9758

Prospect flagsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$1.7M

+51.9% from 2022

Total participants

135

-16.1% from 2022

Average account balance

$14,423

+89.9% from 2022

Annual return

18.64%

+33.93 pp from 2022

Benchmarks

See 1,917 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,917 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.52M

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

123

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.

82.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$436K

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

+27.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$175

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 2 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS3 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 64 · EIN 96-6817943	Recordkeeping Fees	$9,665
TRIUNE FINANCIAL2 years Service code 27 7400 COLLEGE BLVD · OVERLAND PARK, KS 66210	Advisory (Plan)	$9,236

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$22K

$185 / participant

Recordkeeping$10K44.6%
Investment mgmt$9K42.6%
Contract admin$3K12.8%

% of EOY assets

1.295%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HUTCHINSON AND BLOODGOOD LLP
Auditor EIN: 950858589
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,423

$58,312-75.3%

$86,656-83.4%

$71,529-79.8%

Participation rate

83.8%

65.0%+18.7pp

71.7%+12.1pp

67.9%+15.8pp

Annual return

18.64%

24.08%-5.4pp

593.09%-574.5pp

28.97%-10.3pp

Employer contribution / active EE

$1,348

$2,576-47.7%

$3,025-55.4%

$2,590-48.0%

Participant deferral / active EE

$2,239

$3,439-34.9%

$4,439-49.6%

$4,291-47.8%

Admin fee / account holder

$187

$1,057-82.3%

$5,619-96.7%

$1,588-88.2%

Provider

Service type

Compensation

AMERICAN FUNDS3 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI

Service code 64 · EIN 96-6817943

Recordkeeping Fees

$9,665

TRIUNE FINANCIAL2 years

Service code 27

7400 COLLEGE BLVD · OVERLAND PARK, KS 66210

Advisory (Plan)

$9,236

NAIL ALLIANCE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NAIL ALLIANCE 401(K) 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