Retirement plan

INPWR, INC. 401(K) PLAN

Name: INPWR, INC. - INPWR, INC. 401(K) PLAN (2020) Form 5500
Creator: INPWR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INPWR, INC. 401(K) PLAN, INPWR, INC.

INPWR, INC.EIN 34-2053185Plan #001PY 2020

10640 DEME DRIVE, STE. M - INDIANAPOLIS, IN 462364713317-723-3375inpwrinc.comLinkedIn201-500 employeesconstruction

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$2.8M

+45.1% from 2019

Total participants

155

+9.9% from 2019

Average account balance

$19,421

+25.2% from 2019

Annual return

18.82%

-24.45 pp from 2019

Benchmarks

See 2,939 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,939 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.86M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

142

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.

54.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.27M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+19.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$63

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY1 year Service code 13 · EIN 42-0127290	Contract Administrator	$35,400
AMERIPRISE FINANCIAL SERVICES INC1 year Service code 27 · EIN 41-0973005	Advisory (Plan)	$9,984
AMERICAN REALTY ADVISORS1 year Filed as: AMERICAN PENSION ADVISORS LTD Service code 13 · EIN 35-2015845	Contract Administrator	$6,830

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$42K

$374 / participant

Contract admin$42K100.0%

% of EOY assets

1.489%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: ALERDING CPA GROUP
Auditor EIN: 352043580
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,421

$69,383-72.0%

$101,271-80.8%

$73,493-73.6%

Participation rate

92.0%

68.4%+23.7pp

75.8%+16.2pp

70.7%+21.4pp

Annual return

18.82%

18.46%+0.4pp

46.48%-27.7pp

28.51%-9.7pp

Employer contribution / active EE

$2,764

$2,628+5.1%

$3,660-24.5%

$2,270+21.7%

Participant deferral / active EE

$4,321

$3,301+30.9%

$4,371-1.1%

$3,740+15.6%

Admin fee / account holder

$289

$704-58.9%

$5,948-95.1%

$513-43.6%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY1 year

Service code 13 · EIN 42-0127290

Contract Administrator

$35,400

AMERIPRISE FINANCIAL SERVICES INC1 year

Service code 27 · EIN 41-0973005

Advisory (Plan)

$9,984

AMERICAN REALTY ADVISORS1 year

Filed as: AMERICAN PENSION ADVISORS LTD

Service code 13 · EIN 35-2015845

Contract Administrator

$6,830

INPWR, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INPWR, 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