Retirement plan

PHOENIX SOLUTIONS CO. 401(K) PLAN

Name: FLUIDYNE ENGINEERING CORP. D/B/A PHOENIX SOLUTIONS, CO. - PHOENIX SOLUTIONS CO. 401(K) PLAN (2018) Form 5500
Creator: FLUIDYNE ENGINEERING CORP. D/B/A PHOENIX SOLUTIONS, CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PHOENIX SOLUTIONS CO. 401(K) PLAN, FLUIDYNE ENGINEERING CORP. D/B/A PHOENIX SOLUTIONS, CO.

FLUIDYNE ENGINEERING CORP. D/B/A PHOENIX SOLUTIONS, CO.EIN 41-0724317Plan #003PY 2018

5480 NATHAN LANE N, SUITE 110 - PLYMOUTH, MN 55442763-544-2721LinkedIn11-50 employeesmechanical or industrial engineering

Other plans on this EIN

1 filing

#002Retirement-$49K assets

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$1.4M

+13.1% from 2017

Total participants

+4.8% from 2017

Average account balance

$86,962

+13.1% from 2017

Annual return

10.23%

-3.19 pp from 2017

Benchmarks

See 116,756 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort116,756 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.74M

Not enough data

1 years with asset history on file

Average account balance

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

$144K

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.

105.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$153K

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

+15.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2797

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 codes2F2G2J2T3D

Plan features

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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$4K

$222 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.256%

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

$86,962

$138,076-37.0%

$123,553-29.6%

$135,380-35.8%

Participation rate

62.5%

84.7%-22.2pp

82.3%-19.8pp

82.6%-20.1pp

Annual return

10.23%

153.70%-143.5pp

119.21%-109.0pp

519.81%-509.6pp

Employer contribution / active EE

$5,152-100.0%

$4,628-100.0%

$4,779-100.0%

Participant deferral / active EE

$2,237

$6,800-67.1%

$6,426-65.2%

$5,609-60.1%

Admin fee / account holder

$222

$10,917-98.0%

$9,284-97.6%

$10,828-97.9%

PHOENIX SOLUTIONS CO. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PHOENIX SOLUTIONS CO. 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