Retirement plan

ABANAKI CORPORATION PROFIT SHARING PLAN AND TRUST

Name: ABANAKI CORPORATION - ABANAKI CORPORATION PROFIT SHARING PLAN AND TRUST (2017) Form 5500
Creator: ABANAKI CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ABANAKI CORPORATION PROFIT SHARING PLAN AND TRUST, ABANAKI CORPORATION

ABANAKI CORPORATIONEIN 34-1337014Plan #003PY 2017

17387 MUNN ROAD - CHAGRIN FALLS, OH 44022440-543-7400abanaki.comLinkedIn11-50 employeesmachinery

Other plans on this EIN

1 filing

#001Retirement-$1.2M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$1.1M

+12.9% from 2016

Total participants

-40.7% from 2016

Average account balance

$71,872

+35.5% from 2016

Annual return

5.82%

-2.75 pp from 2016

Benchmarks

See 32,058 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort32,058 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.65M

Not enough data

1 years with asset history on file

Average account balance

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

$118K

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.

175.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$34K

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

+10.71%

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

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 codes2A2E

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

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

$71,872

$99,011-27.4%

$86,582-17.0%

$147,586-51.3%

Participation rate

91.7%

76.3%+15.3pp

73.5%+18.1pp

82.8%+8.8pp

Annual return

5.82%

1312.75%-1306.9pp

965.08%-959.3pp

578.59%-572.8pp

Employer contribution / active EE

$5,637

$3,132+80.0%

$2,839+98.5%

$4,876+15.6%

Participant deferral / active EE

$3,972-100.0%

$3,609-100.0%

$5,439-100.0%

Admin fee / account holder

$5,709-100.0%

$4,904-100.0%

$10,886-100.0%

ABANAKI CORPORATION PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ABANAKI CORPORATION PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion