Retirement plan

AURORA TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN

Name: AURORA TECHNOLOGIES, INC. - AURORA TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: AURORA TECHNOLOGIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AURORA TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN, AURORA TECHNOLOGIES, INC.

AURORA TECHNOLOGIES, INC.EIN 43-1479593Plan #001PY 2019

19 INDUSTRIAL DRIVE - PACIFIC, MO 63069636-257-8928ati-1.comLinkedIn51-200 employeeselectrical/electronic manufacturing

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$4.3M

+22.9% from 2018

Total participants

210

+8.8% from 2018

Average account balance

$48,601

+10.3% from 2018

Annual return

24.89%

+32.31 pp from 2018

Benchmarks

See 1,981 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,981 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.42M

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

115

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.

38.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$794K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+17.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5238

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

Top 4 by compensation

Provider	Service type	Compensation
TAP CONSULTING DBA GENEX CONSULTING2 years Filed as: TAP CONSULTING LLC DBA GENEX CONSUL Service code 27 425 S WOODS MILL RD SUITE 210 · TOWN AND COUNTRY, MO 63017	Advisory (Plan)	$15,559
BENEFIT PLANS ADMIN SERVICES, INC.3 years Filed as: BENEFIT PLANS PLUS, LLC Service code 13 6 CITY PLACE DR STE 700 · ST. LOUIS, MO 63141	Contract Administrator	$5,142
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$2,685
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$1,016

Plan features & details

Pension benefit codes2E2F2J2K2T3D3H

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).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$24K

$122 / participant

Contract admin$24K100.0%

% of EOY assets

0.563%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CLIFTONLARSONALLEN, LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,601

$66,319-26.7%

$93,621-48.1%

$65,185-25.4%

Participation rate

38.4%

74.0%-35.6pp

75.8%-37.5pp

70.2%-31.8pp

Annual return

24.89%

42.59%-17.7pp

32.76%-7.9pp

29.38%-4.5pp

Employer contribution / active EE

$2,013-100.0%

$2,719-100.0%

$2,177-100.0%

Participant deferral / active EE

$1,381

$3,343-58.7%

$4,070-66.1%

$3,514-60.7%

Admin fee / account holder

$273

$6,900-96.0%

$7,890-96.5%

$847-67.7%

Provider

Service type

Compensation

TAP CONSULTING DBA GENEX CONSULTING2 years

Filed as: TAP CONSULTING LLC DBA GENEX CONSUL

Service code 27

425 S WOODS MILL RD SUITE 210 · TOWN AND COUNTRY, MO 63017

Advisory (Plan)

$15,559

BENEFIT PLANS ADMIN SERVICES, INC.3 years

Filed as: BENEFIT PLANS PLUS, LLC

Service code 13

6 CITY PLACE DR STE 700 · ST. LOUIS, MO 63141

Contract Administrator

$5,142

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$2,685

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$1,016

AURORA TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AURORA TECHNOLOGIES, INC. 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