Retirement plan

URBAN ELEVATOR SERVICE, LLC 401(K) PROFIT SHARIN

Name: URBAN ELEVATOR SERVICE, LLC - URBAN ELEVATOR SERVICE, LLC 401(K) PROFIT SHARIN (2017) Form 5500
Creator: URBAN ELEVATOR SERVICE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, URBAN ELEVATOR SERVICE, LLC 401(K) PROFIT SHARIN, URBAN ELEVATOR SERVICE, LLC

URBAN ELEVATOR SERVICE, LLCEIN 36-3612264Plan #001PY 2017

4830 W. 16TH STREET - CICERO, IL 60804708-656-5512urbanelevator.comLinkedIn51-200 employeesfacilities services

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$970K

+34.3% from 2016

Total participants

+16.7% from 2016

Average account balance

$48,488

+20.9% from 2016

Annual return

20.31%

+12.96 pp from 2016

Benchmarks

See 21,290 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,290 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.74M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

141.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$480K

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

+11.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16866

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 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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$57K

$3175 / participant

Other / not subdivided$57K100.0%

% of EOY assets

5.893%

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

$48,488

$98,240-50.6%

$82,312-41.1%

$147,586-67.1%

Participation rate

94.4%

79.7%+14.7pp

76.9%+17.6pp

82.8%+11.6pp

Annual return

20.31%

30.85%-10.5pp

25.88%-5.6pp

578.59%-558.3pp

Employer contribution / active EE

$2,506

$3,192-21.5%

$2,428+3.2%

$4,876-48.6%

Participant deferral / active EE

$6,054

$4,383+38.1%

$3,706+63.4%

$5,439+11.3%

Admin fee / account holder

$2,858

$8,563-66.6%

$5,608-49.0%

$10,886-73.8%

URBAN ELEVATOR SERVICE, LLC 401(K) PROFIT SHARIN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

URBAN ELEVATOR SERVICE, LLC 401(K) PROFIT SHARIN

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