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 (2018) 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 2018

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$2M

+8.5% from 2017

Total participants

0.0% from 2017

Average account balance

$220,252

+8.5% from 2017

Annual return

5.85%

-7.92 pp from 2017

Benchmarks

See 22,374 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,374 peers

Snapshot2018

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

$220,252

$135,645+62.4%

$110,243+99.8%

$135,379+62.7%

Participation rate

85.7%

83.5%+2.3pp

79.8%+5.9pp

82.6%+3.1pp

Annual return

5.85%

513.24%-507.4pp

314.76%-308.9pp

519.79%-513.9pp

Employer contribution / active EE

$4,122

$4,907-16.0%

$3,827+7.7%

$4,779-13.7%

Participant deferral / active EE

$2,680

$5,507-51.3%

$4,672-42.6%

$5,609-52.2%

Admin fee / account holder

$11,458-100.0%

$8,548-100.0%

$10,828-100.0%

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