Retirement plan

ARMSTRONG MEDICAL INDUSTRIES, INC. PROFIT SHARING TRUST

Name: ARMSTRONG MEDICAL INDUSTRIES INC - ARMSTRONG MEDICAL INDUSTRIES, INC. PROFIT SHARING TRUST (2019) Form 5500
Creator: ARMSTRONG MEDICAL INDUSTRIES INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARMSTRONG MEDICAL INDUSTRIES, INC. PROFIT SHARING TRUST, ARMSTRONG MEDICAL INDUSTRIES INC

ARMSTRONG MEDICAL INDUSTRIES INCEIN 36-2592084Plan #001PY 2019

P,O, BOX 700 - LINCOLNSHIRE, IL 60069847-913-0101armstrongmedical.comLinkedIn51-200 employeesmedical devices

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$10.6M

-1.6% from 2018

Total participants

127

-5.9% from 2018

Average account balance

$83,425

+4.6% from 2018

Annual return

2.64%

+0.02 pp from 2018

Benchmarks

See 9,236 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,236 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.30M

Not enough data

1 years with asset history on file

Average account balance

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

$114K

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.

117

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

$775K

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

+3.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10

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 codes2E2H2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$650

$8 / participant

Investment mgmt$650100.0%

% of EOY assets

0.006%

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: PAQUETTE & COMPANY, LTD
Auditor EIN: 363122464
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$83,425

$83,485-0.1%

$125,192-33.4%

$72,975+14.3%

Participation rate

100.0%

73.3%+26.7pp

79.8%+20.2pp

69.5%+30.5pp

Annual return

2.64%

25.77%-23.1pp

43.79%-41.2pp

81.01%-78.4pp

Employer contribution / active EE

$4,878

$2,346+108.0%

$3,866+26.2%

$2,440+99.9%

Participant deferral / active EE

$3,580

$3,586-0.2%

$4,937-27.5%

$3,608-0.8%

Admin fee / account holder

$5,518-99.9%

$9,704-99.9%

$5,124-99.9%

ARMSTRONG MEDICAL INDUSTRIES, INC. PROFIT SHARING TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARMSTRONG MEDICAL INDUSTRIES, INC. PROFIT SHARING TRUST

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