Retirement plan

ELEMENTAL SCIENTIFIC 401(K) PROFIT SHARING PLAN

Name: ELEMENTAL SCIENTIFIC, INC. - ELEMENTAL SCIENTIFIC 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: ELEMENTAL SCIENTIFIC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ELEMENTAL SCIENTIFIC 401(K) PROFIT SHARING PLAN, ELEMENTAL SCIENTIFIC, INC.

ELEMENTAL SCIENTIFIC, INC.EIN 39-1933901Plan #001PY 2022

7277 WORLD COMMUNICATIONS DRIVE - OMAHA, NE 68122402-991-7800icpms.comLinkedIn201-500 employeessemiconductors

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$14.7M

-7.9% from 2021

Total participants

216

+6.9% from 2021

Average account balance

$68,132

-13.8% from 2021

Annual return

-19.51%

-35.25 pp from 2021

Benchmarks

See 4,068 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,068 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.24M

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

241

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

$2.27M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+17.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$303

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

Top 3 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC3 years Service code 27 315 DEADERICK STREET · NASHVILLE, TN 37238	Advisory (Plan)	$51,643
ASCENSUS LLC3 years Filed as: PENSION ADMINISTRATORS, LLC Service code 13 18033 OAK STREET · OMAHA, NE 681306093	Contract Administrator	$5,535
AMERICAN FUNDS4 years Filed as: CAPITAL GROUP RETIREMENT PLAN SRVCS Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$600

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

$58K

$311 / participant

Contract admin$58K100.0%

% of EOY assets

0.393%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LUTZ AND COMPANY, P.C.
Auditor EIN: 470625816
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,132

$65,437+4.1%

$86,698-21.4%

$66,949+1.8%

Participation rate

100.0%

75.5%+24.5pp

76.6%+23.4pp

69.8%+30.2pp

Annual return

-19.51%

-10.91%-8.6pp

35.96%-55.5pp

1.57%-21.1pp

Employer contribution / active EE

$3,366

$2,154+56.3%

$2,837+18.6%

$2,545+32.2%

Participant deferral / active EE

$7,269

$4,102+77.2%

$4,656+56.1%

$4,239+71.5%

Admin fee / account holder

$267

$642-58.3%

$7,492-96.4%

$594-54.9%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC3 years

Service code 27

315 DEADERICK STREET · NASHVILLE, TN 37238

Advisory (Plan)

$51,643

ASCENSUS LLC3 years

Filed as: PENSION ADMINISTRATORS, LLC

Service code 13

18033 OAK STREET · OMAHA, NE 681306093

Contract Administrator

$5,535

AMERICAN FUNDS4 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SRVCS

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$600

ELEMENTAL SCIENTIFIC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELEMENTAL SCIENTIFIC 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