Retirement plan

ECONOLITE GROUP INC.401K PLAN

Name: ECONOLITE GROUP INC. - ECONOLITE GROUP INC.401K PLAN (2016) Form 5500
Creator: ECONOLITE GROUP INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ECONOLITE GROUP INC.401K PLAN, ECONOLITE GROUP INC.

ECONOLITE GROUP INC.EIN 33-0019158Plan #001PY 2016

3360 E LA PALMA AVE - ANAHEIM, CA 928062814714-575-5501LinkedIn201-500 employees

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$20M

+12.2% from 2015

Total participants

350

+1.4% from 2015

Average account balance

$66,862

+14.1% from 2015

Annual return

9.67%

+9.14 pp from 2015

Benchmarks

See 2,356 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,356 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.38M

Not enough data

1 years with asset history on file

Average account balance

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

$98K

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.

299

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.

71.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.52M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+19.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$258

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
MORNINGSTAR2+ years Service code 26 · EIN 36-3297908	Advisory (Participants)	$8,060
VOYA RETIREMENT INSURANCE & ANNUITY2+ years Service code 26 · EIN 71-0294708	Advisory (Participants)	$7,974
JENKINS BOWLER LLP1 year Service code 99 · EIN 95-2131722	Other Fees	$6,722

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$12K

$43 / participant

Other / not subdivided$12K100.0%

% of EOY assets

0.062%

all-in expense ratio

Categories reported

0 / 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: JENKINS BOWLER LLP
Auditor EIN: 952131722
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$66,862

$63,905+4.6%

$74,184-9.9%

$57,658+16.0%

Participation rate

82.4%

79.8%+2.6pp

76.6%+5.7pp

70.2%+12.1pp

Annual return

9.67%

60.60%-50.9pp

17.74%-8.1pp

5.13%+4.5pp

Employer contribution / active EE

$1,840-100.0%

$2,370-100.0%

$1,974-100.0%

Participant deferral / active EE

$4,884

$3,448+41.6%

$3,550+37.6%

$3,061+59.6%

Admin fee / account holder

$41

$91-54.7%

$5,586-99.3%

$95-56.3%

Provider

Service type

Compensation

MORNINGSTAR2+ years

Service code 26 · EIN 36-3297908

Advisory (Participants)

$8,060

VOYA RETIREMENT INSURANCE & ANNUITY2+ years

Service code 26 · EIN 71-0294708

Advisory (Participants)

$7,974

JENKINS BOWLER LLP1 year

Service code 99 · EIN 95-2131722

Other Fees

$6,722

ECONOLITE GROUP INC.401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ECONOLITE GROUP INC.401K 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