Retirement plan

HIGH PEAKS MANAGEMENT COMPANY 401(K) PLAN

Name: HIGH PEAKS MANAGEMENT COMPANY - HIGH PEAKS MANAGEMENT COMPANY 401(K) PLAN (2018) Form 5500
Creator: HIGH PEAKS MANAGEMENT COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HIGH PEAKS MANAGEMENT COMPANY 401(K) PLAN, HIGH PEAKS MANAGEMENT COMPANY

HIGH PEAKS MANAGEMENT COMPANYEIN 27-3136951Plan #001PY 2018

1 BANK ST., FLOOR 2 - WILLIAMSTOWN, MA 01267413-458-9683

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.1M

+3.5% from 2017

Total participants

+50.0% from 2017

Average account balance

$162,993

-20.4% from 2017

Annual return

-7.34%

-24.08 pp from 2017

Benchmarks

See 31,466 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort31,466 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.74M

Not enough data

1 years with asset history on file

Average account balance

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

$85K

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.

127.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$838K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+18.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1054

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 codes2E3D2G2J

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

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

$53K

$5883 / participant

Other / not subdivided$53K100.0%

% of EOY assets

2.499%

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

$162,993

$160,059+1.8%

$140,019+16.4%

$135,379+20.4%

Participation rate

77.8%

88.5%-10.7pp

87.5%-9.7pp

82.6%-4.9pp

Annual return

-7.34%

911.44%-918.8pp

651.15%-658.5pp

519.79%-527.1pp

Employer contribution / active EE

$16,829

$6,420+162.2%

$5,605+200.2%

$4,779+252.2%

Participant deferral / active EE

$12,047

$7,641+57.7%

$6,927+73.9%

$5,609+114.8%

Admin fee / account holder

$4,073

$13,328-69.4%

$10,705-62.0%

$10,828-62.4%

HIGH PEAKS MANAGEMENT COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HIGH PEAKS MANAGEMENT COMPANY 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