Retirement plan

APPLIED GEOKINETICS CASH BALANCE PLAN

Name: APPLIED GEOKINETICS - APPLIED GEOKINETICS CASH BALANCE PLAN (2023) Form 5500
Creator: APPLIED GEOKINETICS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, APPLIED GEOKINETICS CASH BALANCE PLAN, APPLIED GEOKINETICS

APPLIED GEOKINETICSEIN 33-0840052Plan #003PY 2023

77 BUNSEN - IRVINE, CA 92618949-502-5355LinkedIn11-50 employeesenvironmental services

Other plans on this EIN

1 filing

#001Retirement-$3.2M assets

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$579K

+16.2% from 2022

Total participants

+14.5% from 2022

Average account balance

No prior year

Annual return

13.71%

+34.55 pp from 2022

Benchmarks

See 18 peers

Peer group

Industryany (size+type match)

Plan typeDB + DC

Participants25-99

Cohort18 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+0.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

See the 7-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

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.

Enrolled actuary

1 attachment

See 1 actuary disclosure. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Plan features & details

Pension benefit codes1C1I3D2H

Plan features

1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
1I
Frozen plan
As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
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.
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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$7K

$130 / participant

Other / not subdivided$7K100.0%

% of EOY assets

1.144%

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: -

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$335,518-100.0%

$90,882-100.0%

$335,518-100.0%

Participation rate

0.0%

61.0%-61.0pp

100.0%-100.0pp

61.0%-61.0pp

Annual return

13.71%

11.71%+2.0pp

13.23%+0.5pp

11.71%+2.0pp

Employer contribution / active EE

$245

$12,554-98.0%

$4,656-94.7%

$12,554-98.0%

Participant deferral / active EE

$1,778-100.0%

Admin fee / account holder

$6,926-100.0%

$626-100.0%

$6,926-100.0%

APPLIED GEOKINETICS CASH BALANCE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

APPLIED GEOKINETICS CASH BALANCE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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