Retirement plan

ARTIFEX MILLWORK INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: ARTIFEX MILLWORK INC. - ARTIFEX MILLWORK INC. 401(K) PROFIT SHARING PLAN AND TRUST (2018) Form 5500
Creator: ARTIFEX MILLWORK INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARTIFEX MILLWORK INC. 401(K) PROFIT SHARING PLAN AND TRUST, ARTIFEX MILLWORK INC.

ARTIFEX MILLWORK INC.EIN 41-1748312Plan #001PY 2018

5202 260TH STREET - WYOMING, MN 55092651-462-5137artifexmillwork.comLinkedIn11-50 employeesbuilding materials

Other plans on this EIN

1 filing

#002Retirement-$2.5M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.6M

-2.5% from 2017

Total participants

0.0% from 2017

Average account balance

$74,493

-5.3% from 2017

Annual return

-5.70%

-25.34 pp from 2017

Benchmarks

See 5,892 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,892 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.07M

Not enough data

1 years with asset history on file

Average account balance

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

$154K

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.

113.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$248K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+13.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$584

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 codes2E2F2G2J2T3D

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$172K

$6134 / participant

Other / not subdivided$172K100.0%

% of EOY assets

6.588%

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

$74,493

$61,660+20.8%

$80,022-6.9%

$64,173+16.1%

Participation rate

100.0%

71.7%+28.3pp

75.8%+24.2pp

69.6%+30.4pp

Annual return

-5.70%

-0.33%-5.4pp

11.22%-16.9pp

7.63%-13.3pp

Employer contribution / active EE

$2,411

$1,810+33.2%

$2,468-2.3%

$2,381+1.3%

Participant deferral / active EE

$6,762

$2,968+127.9%

$3,686+83.5%

$3,470+94.9%

Admin fee / account holder

$4,907

$5,417-9.4%

$6,521-24.7%

$4,887+0.4%

ARTIFEX MILLWORK INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARTIFEX MILLWORK INC. 401(K) PROFIT SHARING PLAN AND TRUST

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