Retirement plan

ADVANCED COMMUNICATION TECHNOLOGIES 401K PLAN

Name: ADVANCED COMMUNICATION TECHNOLOGIES - ADVANCED COMMUNICATION TECHNOLOGIES 401K PLAN (2018) Form 5500
Creator: ADVANCED COMMUNICATION TECHNOLOGIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADVANCED COMMUNICATION TECHNOLOGIES 401K PLAN, ADVANCED COMMUNICATION TECHNOLOGIES

ADVANCED COMMUNICATION TECHNOLOGIESEIN 45-4047648Plan #001PY 2018

62 LEDGEWOOD PL - ROCKLAND, MA 02370781-741-5959actces.comLinkedIn11-50 employeesconsumer electronics

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$384K

+32.4% from 2017

Total participants

+18.2% from 2017

Average account balance

$34,943

+8.4% from 2017

Annual return

5.16%

-14.78 pp from 2017

Benchmarks

See 116,760 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort116,760 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.70M

Not enough data

1 years with asset history on file

Average account balance

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

$170K

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.

111.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$142K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+19.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$984

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$165

$14 / participant

Other / not subdivided$165100.0%

% of EOY assets

0.043%

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

$34,943

$138,072-74.7%

$123,549-71.7%

$135,382-74.2%

Participation rate

83.3%

84.7%-1.4pp

82.3%+1.0pp

82.6%+0.7pp

Annual return

5.16%

153.69%-148.5pp

119.20%-114.0pp

519.77%-514.6pp

Employer contribution / active EE

$1,225

$5,152-76.2%

$4,628-73.5%

$4,779-74.4%

Participant deferral / active EE

$5,373

$6,799-21.0%

$6,426-16.4%

$5,609-4.2%

Admin fee / account holder

$15

$10,917-99.9%

$9,284-99.8%

$10,829-99.9%

ADVANCED COMMUNICATION TECHNOLOGIES 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADVANCED COMMUNICATION TECHNOLOGIES 401K 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