Retirement plan

ACCUTEMP PRODUCTS, INC. 401(K) PLAN

Name: ACCUTEMP PRODUCTS, INC. - ACCUTEMP PRODUCTS, INC. 401(K) PLAN (2021) Form 5500
Creator: ACCUTEMP PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACCUTEMP PRODUCTS, INC. 401(K) PLAN, ACCUTEMP PRODUCTS, INC.

ACCUTEMP PRODUCTS, INC.EIN 35-1907959Plan #001PY 2021

11919 JOHN ADAMS DRIVE - NEW HAVEN, IN 46774260-493-0415accutemp.netLinkedIn51-200 employeesfood & beverages

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.9M

+10.1% from 2020

Total participants

+8.5% from 2020

Average account balance

$75,785

+10.1% from 2020

Annual return

11.74%

-3.99 pp from 2020

Benchmarks

See 2,400 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,400 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.48M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

209

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.

95.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.38M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+185.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$281

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

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 codes2E2G2J2T3D2F

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$621K

$10182 / participant

Other / not subdivided$621K100.0%

% of EOY assets

12.806%

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

$75,785

$68,681+10.3%

$86,615-12.5%

$85,847-11.7%

Participation rate

78.7%

66.4%+12.3pp

71.6%+7.0pp

69.3%+9.4pp

Annual return

11.74%

20.12%-8.4pp

63.51%-51.8pp

318.61%-306.9pp

Employer contribution / active EE

$1,944

$1,880+3.4%

$2,496-22.1%

$2,565-24.2%

Participant deferral / active EE

$6,328

$2,919+116.8%

$3,699+71.1%

$3,952+60.1%

Admin fee / account holder

$9,705

$5,974+62.4%

$5,830+66.5%

$6,261+55.0%

ACCUTEMP PRODUCTS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACCUTEMP PRODUCTS, 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