Retirement plan

APRO INTERNATIONAL, INC. 401(K) UNION PLAN

Name: APRO INTERNATIONAL, INC. - APRO INTERNATIONAL, INC. 401(K) UNION PLAN (2024) Form 5500
Creator: APRO INTERNATIONAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, APRO INTERNATIONAL, INC. 401(K) UNION PLAN, APRO INTERNATIONAL, INC.

APRO INTERNATIONAL, INC.EIN 37-1610606Plan #001PY 2024

9081 BEST BOWER COURT - VIENNA, VA 22182703-819-8892aprointl.comLinkedIn1-10 employeeslogistics and supply chain

Other plans on this EIN

1 filing

#002Retirement-$2.1M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3.2M

+31.4% from 2023

Total participants

133

+3.1% from 2023

Average account balance

$26,423

+27.2% from 2023

Annual return

33.65%

+4.12 pp from 2023

Benchmarks

See 10,680 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort10,680 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.25M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

123

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.

146.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$669K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+33.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6236

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

$767K

$9131 / participant

Other / not subdivided$767K100.0%

% of EOY assets

23.599%

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

$26,423

$58,241-54.6%

$81,780-67.7%

$80,911-67.3%

Participation rate

88.1%

63.4%+24.7pp

72.4%+15.7pp

67.6%+20.4pp

Annual return

33.65%

41.73%-8.1pp

776.27%-742.6pp

35.63%-2.0pp

Employer contribution / active EE

$1,102

$2,343-53.0%

$2,914-62.2%

$2,756-60.0%

Participant deferral / active EE

$6,866

$3,283+109.2%

$4,321+58.9%

$4,297+59.8%

Admin fee / account holder

$6,236

$4,973+25.4%

$7,384-15.6%

$6,935-10.1%

APRO INTERNATIONAL, INC. 401(K) UNION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

APRO INTERNATIONAL, INC. 401(K) UNION 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