Retirement plan

TENSILE TESTING, INC. 401(K) PLAN

Name: TENSILE TESTING, INC. - TENSILE TESTING, INC. 401(K) PLAN (2018) Form 5500
Creator: TENSILE TESTING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TENSILE TESTING, INC. 401(K) PLAN, TENSILE TESTING, INC.

TENSILE TESTING, INC.EIN 34-1029460Plan #001PY 2018

4520 WILLOW PARKWAY - CLEVELAND, OH 44125216-641-3290

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.5M

-10.6% from 2017

Total participants

+1.8% from 2017

Average account balance

$52,385

-12.5% from 2017

Annual return

-3.63%

-15.71 pp from 2017

Benchmarks

See 14,949 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,949 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.99M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

95.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$178K

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

+10.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16269

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 codes3D2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

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

$339K

$6777 / participant

Other / not subdivided$339K100.0%

% of EOY assets

13.762%

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

$52,385

$62,589-16.3%

$76,768-31.8%

$64,173-18.4%

Participation rate

80.0%

72.8%+7.2pp

77.0%+3.0pp

69.6%+10.4pp

Annual return

-3.63%

-1.95%-1.7pp

2.43%-6.1pp

7.63%-11.3pp

Employer contribution / active EE

$455

$1,832-75.2%

$2,485-81.7%

$2,381-80.9%

Participant deferral / active EE

$2,458

$3,145-21.8%

$3,852-36.2%

$3,470-29.1%

Admin fee / account holder

$7,209

$4,667+54.5%

$6,675+8.0%

$4,887+47.5%

TENSILE TESTING, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TENSILE TESTING, 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