Retirement plan

FREIBORNE INDUSTRIES, INC. -LITTLE ACORN-401(K) PLAN

Name: FREIBORNE INDUSTRIES, INC. - FREIBORNE INDUSTRIES, INC. -LITTLE ACORN-401(K) PLAN (2017) Form 5500
Creator: FREIBORNE INDUSTRIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FREIBORNE INDUSTRIES, INC. -LITTLE ACORN-401(K) PLAN, FREIBORNE INDUSTRIES, INC.

FREIBORNE INDUSTRIES, INC.EIN 38-2096789Plan #002PY 2017

15 WEST SILVERDOME INDUSTRIAL PARK - PONTIAC, MI 48342248-333-2490freiborne.comLinkedIn11-50 employeeschemicals

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$512K

+22.5% from 2016

Total participants

+10.0% from 2016

Average account balance

$56,937

-4.8% from 2016

Annual return

15.63%

+12.13 pp from 2016

Benchmarks

See 8,098 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,098 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.17M

Not enough data

1 years with asset history on file

Average account balance

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

$241K

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.

64.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$164K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+15.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7145

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 codes2E2F2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$597

$30 / participant

Other / not subdivided$597100.0%

% of EOY assets

0.117%

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

$56,937

$104,251-45.4%

$91,004-37.4%

$147,586-61.4%

Participation rate

35.0%

78.2%-43.2pp

75.6%-40.6pp

82.8%-47.8pp

Annual return

15.63%

27.06%-11.4pp

4.60%+11.0pp

578.59%-563.0pp

Employer contribution / active EE

$3,116-100.0%

$2,456-100.0%

$4,876-100.0%

Participant deferral / active EE

$1,430

$4,195-65.9%

$3,548-59.7%

$5,439-73.7%

Admin fee / account holder

$66

$8,948-99.3%

$5,417-98.8%

$10,886-99.4%

FREIBORNE INDUSTRIES, INC. -LITTLE ACORN-401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FREIBORNE INDUSTRIES, INC. -LITTLE ACORN-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