Retirement plan

NORTHEAST FILTER & EQUIPMENT CO. 401(K) PROFIT SHARING PLAN

Name: NORTHEAST FILTER & EQUIPMENT CO. - NORTHEAST FILTER & EQUIPMENT CO. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: NORTHEAST FILTER & EQUIPMENT CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHEAST FILTER & EQUIPMENT CO. 401(K) PROFIT SHARING PLAN, NORTHEAST FILTER & EQUIPMENT CO.

NORTHEAST FILTER & EQUIPMENT CO.EIN 34-1485635Plan #001PY 2017

135 PARKER COURT - CHARDON, OH 44024440-285-3790nefilter.comLinkedIn1-10 employees

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.8M

+19.6% from 2016

Total participants

+11.1% from 2016

Average account balance

$203,090

+19.6% from 2016

Annual return

13.76%

+16.20 pp from 2016

Benchmarks

See 22,202 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,202 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.94M

Not enough data

1 years with asset history on file

Average account balance

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

$138K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$69K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$573

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 codes2E2J2G3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

0 tripped

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

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

$203,090

$144,130+40.9%

$117,861+72.3%

$147,586+37.6%

Participation rate

85.7%

83.4%+2.3pp

79.7%+6.0pp

82.8%+2.9pp

Annual return

13.76%

531.20%-517.4pp

335.11%-321.3pp

578.59%-564.8pp

Employer contribution / active EE

$4,946

$4,897+1.0%

$3,786+30.6%

$4,876+1.4%

Participant deferral / active EE

$7,802

$5,316+46.7%

$4,482+74.1%

$5,439+43.4%

Admin fee / account holder

$10,887-100.0%

$8,021-100.0%

$10,886-100.0%

NORTHEAST FILTER & EQUIPMENT CO. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

NORTHEAST FILTER & EQUIPMENT CO. 401(K) PROFIT SHARING PLAN

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