Retirement plan

AEROSPACE BUSINESS DEVELOPMENT ASSOCIATES, INC.

Name: AEROSPACE BUSINESS DEVELOPMENT ASSOCIATES, INC. - AEROSPACE BUSINESS DEVELOPMENT ASSOCIATES, INC. (2016) Form 5500
Creator: AEROSPACE BUSINESS DEVELOPMENT ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AEROSPACE BUSINESS DEVELOPMENT ASSOCIATES, INC., AEROSPACE BUSINESS DEVELOPMENT ASSOCIATES, INC.

AEROSPACE BUSINESS DEVELOPMENT ASSOCIATES, INC.EIN 31-1423348Plan #002PY 2016

3100 PRESIDENTIAL DR STE 200 - BEAVERCREEK, OH 453247139937-427-2229abdainc.comLinkedIn1-10 employeesdefense & space

Other plans on this EIN

1 filing

#001Retirement-$303K assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$479K

-75.1% from 2015

Total participants

-33.3% from 2015

Average account balance

$239,531

-62.7% from 2015

Annual return

-3.71%

+2.83 pp from 2015

Benchmarks

See 113,086 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,086 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$894K

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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

$107K

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

+8.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2926

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 codes2E2G2H3E

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.
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.
3E
One-participant plan combining with another plan
A one-participant plan that satisfies minimum coverage requirements of section 410(b) only when combined with another plan of the employer.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1.4M

$703038 / participant

Other / not subdivided$1M100.0%

% of EOY assets

293.506%

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

$239,531

$135,956+76.2%

$123,894+93.3%

$273,972-12.6%

Participation rate

100.0%

84.1%+15.9pp

81.4%+18.6pp

83.0%+17.0pp

Annual return

-3.71%

56.63%-60.3pp

47.52%-51.2pp

41.46%-45.2pp

Employer contribution / active EE

$13,442

$5,170+160.0%

$4,617+191.2%

$4,869+176.1%

Participant deferral / active EE

$6,343-100.0%

$5,984-100.0%

$5,287-100.0%

Admin fee / account holder

$703,038

$9,817+7061.1%

$8,357+8312.4%

$10,133+6838.4%

AEROSPACE BUSINESS DEVELOPMENT ASSOCIATES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AEROSPACE BUSINESS DEVELOPMENT ASSOCIATES, INC.

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