Retirement plan

XAERUS EMPLOYEES' PROFIT SHARING PLAN AND TRUST

Name: XAERUS PERFORMANCE FLUIDS INTERNATIONAL, INC. - XAERUS EMPLOYEES' PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: XAERUS PERFORMANCE FLUIDS INTERNATIONAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, XAERUS EMPLOYEES' PROFIT SHARING PLAN AND TRUST, XAERUS PERFORMANCE FLUIDS INTERNATIONAL, INC.

XAERUS PERFORMANCE FLUIDS INTERNATIONAL, INC.EIN 27-4233340Plan #001PY 2020

CARE OF CARNOW AND ASSOCIATES, LTD, 778 W. FRONTAGE ROAD, SUITE 101 - NORTHFIELD, IL 60693989-486-8330xaerusfluids.comLinkedIn501-1000 employeesoil & energy

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$384K

+49.4% from 2019

Total participants

+12.0% from 2019

Average account balance

$13,707

+33.4% from 2019

Annual return

16.43%

-197.22 pp from 2019

Benchmarks

See 36,192 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,192 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.31M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

135.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$229K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$390

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 codes2E2F2H2J3B3D

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$6K

$279 / participant

Other / not subdivided$6K100.0%

% of EOY assets

1.528%

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

$13,707

$100,938-86.4%

$90,461-84.8%

$158,982-91.4%

Participation rate

100.0%

75.0%+25.0pp

72.7%+27.3pp

82.0%+18.0pp

Annual return

16.43%

1727.20%-1710.8pp

1294.76%-1278.3pp

302.99%-286.6pp

Employer contribution / active EE

$2,558

$3,691-30.7%

$3,264-21.6%

$4,763-46.3%

Participant deferral / active EE

$1,584

$4,350-63.6%

$3,964-60.1%

$5,983-73.5%

Admin fee / account holder

$209

$6,510-96.8%

$5,617-96.3%

$11,252-98.1%

XAERUS EMPLOYEES' PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

XAERUS EMPLOYEES' PROFIT SHARING PLAN AND TRUST

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