Retirement plan

LACROIX PRECISION OPTICS, INC. PROFIT SHARING PLAN

Name: LACROIX PRECISION OPTICS, INC. - LACROIX PRECISION OPTICS, INC. PROFIT SHARING PLAN (2020) Form 5500
Creator: LACROIX PRECISION OPTICS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LACROIX PRECISION OPTICS, INC. PROFIT SHARING PLAN, LACROIX PRECISION OPTICS, INC.

LACROIX PRECISION OPTICS, INC.EIN 36-2085033Plan #001PY 2020

50 LACROIX DRIVE PO BOX 2556 - BATESVILLE, AR 72503870-698-1881lacroixoptical.comLinkedIn51-200 employeesmechanical or industrial engineering

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15.3M

+0.5% from 2019

Total participants

125

+10.6% from 2019

Average account balance

$127,311

-7.9% from 2019

Annual return

12.23%

-6.04 pp from 2019

Benchmarks

See 14,881 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,881 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.68M

Not enough data

1 years with asset history on file

Average account balance

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

$122K

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.

112

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.

94.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$565K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+10.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$324

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 2 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.6+ years Service code 15 · EIN 23-1945930	Recordkeeping	$15,275
SF FISER & COMPANY1 year Filed as: S F FISER & CO Service code 10 · EIN 71-0749699	Accounting	$12,800

Plan features & details

Pension benefit codes2E2F2G2J2T

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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$33K

$339 / participant

Other / not subdivided$33K100.0%

% of EOY assets

0.213%

all-in expense ratio

Categories reported

0 / 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: S.F. FISER & COMPANY
Auditor EIN: 710749699
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$127,311

$78,428+62.3%

$95,960+32.7%

$79,852+59.4%

Participation rate

94.8%

73.5%+21.3pp

77.1%+17.7pp

69.6%+25.2pp

Annual return

12.23%

19.37%-7.1pp

91.63%-79.4pp

31.72%-19.5pp

Employer contribution / active EE

$3,032

$1,945+55.9%

$2,541+19.3%

$2,471+22.7%

Participant deferral / active EE

$3,043

$3,440-11.5%

$4,167-27.0%

$3,740-18.6%

Admin fee / account holder

$271

$5,622-95.2%

$6,797-96.0%

$5,306-94.9%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.6+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$15,275

SF FISER & COMPANY1 year

Filed as: S F FISER & CO

Service code 10 · EIN 71-0749699

Accounting

$12,800

LACROIX PRECISION OPTICS, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LACROIX PRECISION OPTICS, INC. 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