Retirement plan

ARSULOWICZ BROTHERS MORTUARIES, INC. 401(K) PROFIT SHARING PLAN

Name: ARSULOWICZ BROTHERS MORTUARIES, INC. - ARSULOWICZ BROTHERS MORTUARIES, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: ARSULOWICZ BROTHERS MORTUARIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARSULOWICZ BROTHERS MORTUARIES, INC. 401(K) PROFIT SHARING PLAN, ARSULOWICZ BROTHERS MORTUARIES, INC.

ARSULOWICZ BROTHERS MORTUARIES, INC.EIN 38-2834987Plan #001PY 2020

585 STOCKING AVENUE, N.W. - GRAND RAPIDS, MI 49504616-458-1297LinkedIn1-10 employees

Prospect flagsLow returnsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$691K

-0.2% from 2019

Total participants

-15.4% from 2019

Average account balance

$76,809

+10.9% from 2019

Annual return

-1.25%

-8.86 pp from 2019

Benchmarks

See 36,205 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,205 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.05M

Not enough data

1 years with asset history on file

Average account balance

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

$105K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$29K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+16.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$338

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$30K

$3020 / participant

Other / not subdivided$30K100.0%

% of EOY assets

4.368%

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

$76,809

$100,911-23.9%

$90,440-15.1%

$158,966-51.7%

Participation rate

80.0%

75.0%+5.0pp

72.7%+7.3pp

82.0%-2.0pp

Annual return

-1.25%

1726.62%-1727.9pp

1294.38%-1295.6pp

302.95%-304.2pp

Employer contribution / active EE

$1,558

$3,690-57.8%

$3,263-52.3%

$4,762-67.3%

Participant deferral / active EE

$2,198

$4,348-49.5%

$3,964-44.6%

$5,983-63.3%

Admin fee / account holder

$3,355

$6,507-48.4%

$5,615-40.2%

$11,250-70.2%

ARSULOWICZ BROTHERS MORTUARIES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARSULOWICZ BROTHERS MORTUARIES, INC. 401(K) 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