Retirement plan

ELEMENTAL SCIENTIFIC 401(K) PROFIT SHARING PLAN

Name: ELEMENTAL SCIENTIFIC, INC. - ELEMENTAL SCIENTIFIC 401(K) PROFIT SHARING PLAN (2023) 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 2023

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$19.1M

+29.7% from 2022

Total participants

238

+10.2% from 2022

Average account balance

$80,210

+17.7% from 2022

Annual return

21.41%

+40.92 pp from 2022

Benchmarks

See 4,137 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,137 peers

Snapshot2023

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 INC4 years Service code 27 315 DEADERICK STREET · NASHVILLE, TN 37238	Advisory (Plan)	$55,549
ASCENSUS LLC4 years Filed as: PENSION ADMINISTRATORS, LLC Service code 13 18033 OAK STREET · OMAHA, NE 681306093	Contract Administrator	$1,971
AMERICAN FUNDS5 years Filed as: CAPITAL GROUP RETIREMENT PLAN SRVCS Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$575

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$58K

$286 / participant

Contract admin$58K100.0%

% of EOY assets

0.304%

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: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$80,210

$76,112+5.4%

$96,544-16.9%

$71,529+12.1%

Participation rate

100.0%

74.4%+25.6pp

76.0%+24.0pp

67.9%+32.1pp

Annual return

21.41%

22.80%-1.4pp

25.88%-4.5pp

28.97%-7.6pp

Employer contribution / active EE

$3,273

$2,248+45.6%

$2,966+10.3%

$2,590+26.4%

Participant deferral / active EE

$7,175

$4,217+70.2%

$4,851+47.9%

$4,291+67.2%

Admin fee / account holder

$244

$2,708-91.0%

$8,254-97.0%

$1,588-84.6%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC4 years

Service code 27

315 DEADERICK STREET · NASHVILLE, TN 37238

Advisory (Plan)

$55,549

ASCENSUS LLC4 years

Filed as: PENSION ADMINISTRATORS, LLC

Service code 13

18033 OAK STREET · OMAHA, NE 681306093

Contract Administrator

$1,971

AMERICAN FUNDS5 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SRVCS

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$575

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