Retirement plan

FORSTA FILTERS, INC. 401(K) PROFIT SHARING PLAN

Name: FORSTA FILTERS, INC. - FORSTA FILTERS, INC. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: FORSTA FILTERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FORSTA FILTERS, INC. 401(K) PROFIT SHARING PLAN, FORSTA FILTERS, INC.

FORSTA FILTERS, INC.EIN 27-1781292Plan #002PY 2018

8072 SAN FERNANDO ROAD - SUN VALLEY, CA 91352310-837-7177forstafilters.comLinkedIn1-10 employeesmechanical or industrial engineering

Other plans on this EIN

1 filing

#001Retirement-$599K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$320K

+192.5% from 2017

Total participants

+33.3% from 2017

Average account balance

$79,901

+119.3% from 2017

Annual return

87.00%

+75.37 pp from 2017

Benchmarks

See 21,281 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,281 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.74M

Not enough data

1 years with asset history on file

Average account balance

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

$249K

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.

140.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$175K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$35K

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

+16.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1617

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

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

Expense breakdown

Schedule H Part II

Admin total

$1K

$330 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.412%

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

$79,901

$92,219-13.4%

$76,767+4.1%

$135,380-41.0%

Participation rate

100.0%

79.8%+20.2pp

77.0%+23.0pp

82.6%+17.4pp

Annual return

87.00%

5.46%+81.5pp

2.43%+84.6pp

519.81%-432.8pp

Employer contribution / active EE

$19,814

$3,216+516.1%

$2,485+697.2%

$4,779+314.6%

Participant deferral / active EE

$9,000

$4,508+99.6%

$3,852+133.7%

$5,609+60.5%

Admin fee / account holder

$330

$10,749-96.9%

$6,675-95.1%

$10,828-97.0%

FORSTA FILTERS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FORSTA FILTERS, INC. 401(K) PROFIT SHARING 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