Retirement plan

JEDSON ENGINEERING, INC. 401(K) PLAN

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

JEDSON ENGINEERING, INC.EIN 31-1745802Plan #001PY 2015

ONE CENTENNIAL PLAZA, 705 CENTRAL AVENUE - CINCINNATI, OH 45202513-965-7534jedson.comLinkedIn201-500 employeesmechanical or industrial engineering

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$11.1M

No prior year

Total participants

223

No prior year

Average account balance

$66,198

No prior year

Annual return

0.50%

No prior year

Benchmarks

See 4,662 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort4,662 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$38.86M

Not enough data

1 years with asset history on file

Average account balance

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

$762K

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+25.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1058

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
RETIREMENT CORPORATION OF AMERICA1+ years Service code 27 10300 ALLIANCE ROAD SUITE 100 · CINCINNATI, OH 45242	Advisory (Plan)	$47,185
STABLE TWO FINANCIAL, LLC1+ years Service code 27 PO BOX 209 · TERRACE PARK, OH 45174	Advisory (Plan)	$7,500
FIFTH THIRD BANK RETIREMENT SERVICE1+ years Service code 64 38 FOUNTAIN SQUARE PLAZA · CINCINNATI, OH 45263	Recordkeeping Fees	$575

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

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

$55K

$306 / participant

Investment mgmt$55K98.7%
Contract admin$5751.0%
Other / not subdivided$1620.3%

% of EOY assets

0.498%

all-in expense ratio

Categories reported

2 / 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: VONLEHMAN COMPANY
Auditor EIN: 310905417
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$66,198

$70,002-5.4%

$115,038-42.5%

$52,331+26.5%

Participation rate

69.6%

72.1%-2.5pp

81.4%-11.8pp

68.1%+1.5pp

Annual return

0.50%

4.04%-3.5pp

26.14%-25.6pp

4.54%-4.0pp

Employer contribution / active EE

$2,724

$2,715+0.3%

$4,608-40.9%

$1,882+44.7%

Participant deferral / active EE

$6,069

$4,920+23.4%

$6,026+0.7%

$3,022+100.8%

Admin fee / account holder

$330

$566-41.7%

$8,175-96.0%

$592-44.2%

Provider

Service type

Compensation

RETIREMENT CORPORATION OF AMERICA1+ years

Service code 27

10300 ALLIANCE ROAD SUITE 100 · CINCINNATI, OH 45242

Advisory (Plan)

$47,185

STABLE TWO FINANCIAL, LLC1+ years

Service code 27

PO BOX 209 · TERRACE PARK, OH 45174

Advisory (Plan)

$7,500

FIFTH THIRD BANK RETIREMENT SERVICE1+ years

Service code 64

38 FOUNTAIN SQUARE PLAZA · CINCINNATI, OH 45263

Recordkeeping Fees

$575

JEDSON ENGINEERING, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JEDSON ENGINEERING, INC. 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