Retirement plan

AVMAC 401(K) PLAN

Name: AVMAC LLC - AVMAC 401(K) PLAN (2020) Form 5500
Creator: AVMAC LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AVMAC 401(K) PLAN, AVMAC LLC

AVMAC LLCEIN 27-0432998Plan #001PY 2020

516 INNOVATION DR STE 201 - CHESAPEAKE, VA 233203866757-339-4513avmacllc.comLinkedIn501-1000 employeesaviation & aerospace

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$4M

+23.0% from 2019

Total participants

289

-7.4% from 2019

Average account balance

$15,303

+25.8% from 2019

Annual return

34.53%

+9.52 pp from 2019

Benchmarks

See 1,062 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,062 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.82M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

303

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.

86.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$810K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+18.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$70

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 1 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC4 years Service code 15 · EIN 52-1309931	Recordkeeping	$8,053

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

1 tripped

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

$8K

$53 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.201%

all-in expense ratio

Categories reported

0 / 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: WALL, EINHORN & CHERNITZER, P.C.
Auditor EIN: 541517420
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,303

$55,636-72.5%

$81,988-81.3%

$73,493-79.2%

Participation rate

82.4%

62.3%+20.1pp

69.3%+13.1pp

70.7%+11.7pp

Annual return

34.53%

19.07%+15.5pp

41.31%-6.8pp

28.51%+6.0pp

Employer contribution / active EE

$1,625-100.0%

$2,498-100.0%

$2,270-100.0%

Participant deferral / active EE

$5,268

$2,762+90.7%

$3,722+41.5%

$3,740+40.9%

Admin fee / account holder

$31

$493-93.8%

$5,665-99.5%

$513-94.0%

Provider

Service type

Compensation

T ROWE PRICE RPS INC4 years

Service code 15 · EIN 52-1309931

Recordkeeping

$8,053

AVMAC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AVMAC 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