Retirement plan

A.E. ELECTRIC, INC. JOURNEYMEN'S PROFIT SHARING PLAN

Name: A.E. ELECTRIC, INC. - A.E. ELECTRIC, INC. JOURNEYMEN'S PROFIT SHARING PLAN (2024) Form 5500
Creator: A.E. ELECTRIC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, A.E. ELECTRIC, INC. JOURNEYMEN'S PROFIT SHARING PLAN, A.E. ELECTRIC, INC.

A.E. ELECTRIC, INC.EIN 34-1908559Plan #003PY 2024

P.O. BOX 2744 - WHITEHOUSE, OH 43571419-877-9400LinkedIn1-10 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$1.5M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$134K

+25.2% from 2023

Total participants

+20.0% from 2023

Average account balance

$11,180

+4.3% from 2023

Annual return

6.52%

+0.37 pp from 2023

Benchmarks

See 1,943 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,943 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$134K

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+6.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$101

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 codes2E2F2G3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$1K

$152 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.904%

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

$11,180

$97,765-88.6%

$103,486-89.2%

$145,884-92.3%

Participation rate

100.0%

81.1%+18.9pp

80.5%+19.5pp

80.3%+19.7pp

Annual return

6.52%

25.44%-18.9pp

23.93%-17.4pp

551.85%-545.3pp

Employer contribution / active EE

$2,500

$4,687-46.7%

$4,679-46.6%

$4,662-46.4%

Participant deferral / active EE

$6,606-100.0%

$6,628-100.0%

$6,690-100.0%

Admin fee / account holder

$101

$12,505-99.2%

$9,354-98.9%

$13,392-99.2%

A.E. ELECTRIC, INC. JOURNEYMEN'S PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

A.E. ELECTRIC, INC. JOURNEYMEN'S PROFIT SHARING 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