Retirement plan

LIMONGELLI ELECTRIC CORP 401K PLAN

Name: LIMONGELLI ELECTRIC CORP - LIMONGELLI ELECTRIC CORP 401K PLAN (2015) Form 5500
Creator: LIMONGELLI ELECTRIC CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LIMONGELLI ELECTRIC CORP 401K PLAN, LIMONGELLI ELECTRIC CORP

LIMONGELLI ELECTRIC CORPEIN 27-2900756Plan #001PY 2015

214-41 42ND AVENUE 4TH FLOOR - BAYSIDE, NY 11361718-352-5313limongellielectric.comLinkedIn1-10 employeeselectrical/electronic manufacturing

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$89K

No prior year

Total participants

No prior year

Average account balance

$22,359

No prior year

Annual return

-90.19%

No prior year

Benchmarks

See 30,165 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort30,165 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$489K

Not enough data

1 years with asset history on file

Average account balance

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

$122K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+2.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2G2J3D

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.
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).

Expense breakdown

Schedule H Part II

Admin total

$360

$90 / participant

Other / not subdivided$360100.0%

% of EOY assets

0.403%

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

$22,359

$87,542-74.5%

$75,782-70.5%

$125,393-82.2%

Participation rate

100.0%

80.2%+19.8pp

75.8%+24.2pp

83.2%+16.8pp

Annual return

-90.19%

13.48%-103.7pp

9.68%-99.9pp

282.23%-372.4pp

Employer contribution / active EE

$12,281

$3,930+212.5%

$3,323+269.5%

$4,866+152.4%

Participant deferral / active EE

$10,039

$4,229+137.4%

$3,652+174.9%

$5,351+87.6%

Admin fee / account holder

$90

$6,502-98.6%

$5,300-98.3%

$9,541-99.1%

LIMONGELLI ELECTRIC CORP 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LIMONGELLI ELECTRIC CORP 401K 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