Retirement plan

AERO FULFILLMENT SERVICES 401(K) PLAN

Name: AERO FULFILLMENT SERVICES CORPORATION - AERO FULFILLMENT SERVICES 401(K) PLAN (2018) Form 5500
Creator: AERO FULFILLMENT SERVICES CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AERO FULFILLMENT SERVICES 401(K) PLAN, AERO FULFILLMENT SERVICES CORPORATION

AERO FULFILLMENT SERVICES CORPORATIONEIN 31-1166117Plan #001PY 2018

3900 AERO DRIVE - MASON, OH 45040513-459-3900aerofulfillment.comLinkedIn501-1000 employeeslogistics and supply chain

Prospect flagsLow participationLow assets / participant

How to read this page

Total assets (EOY)

$1.9M

-33.3% from 2017

Total participants

189

-19.6% from 2017

Average account balance

$19,872

-29.2% from 2017

Annual return

-2.50%

-20.04 pp from 2017

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.43M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

104

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.

49.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$512K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+24.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$412

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 3 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS4+ years Filed as: CAPITAL RESEARCH & MANAGEMENT CO. Service code 64 · EIN 95-1411037 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$13,927
UBS FINANCIAL SERVICES INC2 years Filed as: UBS FINANCIAL SERVICES INC. Service code 27 315 DEADERICK ST. 5TH FL · NASHVILLE, TN 37238	Advisory (Plan)	$12,047
TRINITY PENSION CONSULTANTS2 years Filed as: TRINITY PENSION CONSULTANTS, INC. Service code 13 · EIN 20-4548831 202 MONTROSE WEST AVE., SUITE 290 · COPLEY, OH 44321	Contract Administrator	$2,970

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$25K

$164 / participant

Contract admin$25K100.0%

% of EOY assets

1.305%

all-in expense ratio

Categories reported

1 / 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: CASSADY SCHILLER CPA'S & ADVISORS
Auditor EIN: 311311065
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,872

$58,093-65.8%

$80,022-75.2%

$56,289-64.7%

Participation rate

39.9%

73.6%-33.8pp

75.8%-36.0pp

69.9%-30.0pp

Annual return

-2.50%

34.63%-37.1pp

11.22%-13.7pp

-9.96%+7.5pp

Employer contribution / active EE

$745

$1,933-61.4%

$2,468-69.8%

$2,111-64.7%

Participant deferral / active EE

$1,461

$3,136-53.4%

$3,686-60.4%

$3,350-56.4%

Admin fee / account holder

$259

$623-58.4%

$6,521-96.0%

$521-50.2%

Provider

Service type

Compensation

AMERICAN FUNDS4+ years

Filed as: CAPITAL RESEARCH & MANAGEMENT CO.

Service code 64 · EIN 95-1411037

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$13,927

UBS FINANCIAL SERVICES INC2 years

Filed as: UBS FINANCIAL SERVICES INC.

Service code 27

315 DEADERICK ST. 5TH FL · NASHVILLE, TN 37238

Advisory (Plan)

$12,047

TRINITY PENSION CONSULTANTS2 years

Filed as: TRINITY PENSION CONSULTANTS, INC.

Service code 13 · EIN 20-4548831

202 MONTROSE WEST AVE., SUITE 290 · COPLEY, OH 44321

Contract Administrator

$2,970

AERO FULFILLMENT SERVICES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AERO FULFILLMENT SERVICES 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