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 (2021) 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 2021

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

Other plans on this EIN

1 filing

#002Retirement-$3.2M assets

Prospect flagsLow participationHigh assets / participant

How to read this page

Total assets (EOY)

$4.9M

+17.9% from 2020

Total participants

+15.6% from 2020

Average account balance

$446,215

+242.9% from 2020

Annual return

12.52%

-6.74 pp from 2020

Benchmarks

See 5,668 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,668 peers

Snapshot2021

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$2K

$67 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.035%

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

$446,215

$87,733+408.6%

$106,555+318.8%

$85,847+419.8%

Participation rate

0.0%

71.9%-71.9pp

76.1%-76.1pp

69.3%-69.3pp

Annual return

12.52%

21.86%-9.3pp

26.80%-14.3pp

318.61%-306.1pp

Employer contribution / active EE

$2,182

$2,073+5.3%

$2,819-22.6%

$2,565-14.9%

Participant deferral / active EE

$6,439

$3,469+85.6%

$4,399+46.4%

$3,952+62.9%

Admin fee / account holder

$157

$6,767-97.7%

$7,408-97.9%

$6,261-97.5%

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