Retirement plan

ARNPRIOR AEROSPACE PORTLAND, INC. 401(K) PLAN

Name: ARNPRIOR AEROSPACE PORTLAND, INC. - ARNPRIOR AEROSPACE PORTLAND, INC. 401(K) PLAN (2020) Form 5500
Creator: ARNPRIOR AEROSPACE PORTLAND, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARNPRIOR AEROSPACE PORTLAND, INC. 401(K) PLAN, ARNPRIOR AEROSPACE PORTLAND, INC.

ARNPRIOR AEROSPACE PORTLAND, INC.EIN 45-5052107Plan #002PY 2020

17383 NE SACRAMENTO ST. - PORTLAND, OR 97230503-261-2770LinkedIn51-200 employeeselectrical/electronic manufacturing

Prospect flagsLow participant contributionLow fidelity bondFailed to transmit contributions

How to read this page

Total assets (EOY)

$4M

+16.7% from 2019

Total participants

117

-20.9% from 2019

Average account balance

$45,870

+11.4% from 2019

Annual return

19.99%

-4.75 pp from 2019

Benchmarks

See 4,082 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,082 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.35M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

131.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$320K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5397

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 3 by compensation

Provider	Service type	Compensation
RAYMOND JAMES FINANCIAL SERVICES3 years Service code 27 · EIN 59-1237041 PO BOX 14527 · ST PETERSBURG, FL 337334527	Advisory (Plan)	$7,719
NATIONWIDE4 years Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$5,633
PENSION ASSURANCE LLP4 years Filed as: THE PENSION SERVICE, INC. Service code 14 · EIN 06-0874395 127 WASHINGTON AVENUE · NORTH HAVEN, CT 064731715	Plan Administrator	$5,084

Plan features & details

Pension benefit codes2A2E2F2G2J2K3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

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: FREED MAXICK, CPAS PC
Auditor EIN: 454051133
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,870

$73,638-37.7%

$95,964-52.2%

$73,497-37.6%

Participation rate

75.2%

76.2%-0.9pp

77.1%-1.9pp

70.7%+4.5pp

Annual return

19.99%

16.78%+3.2pp

91.64%-71.7pp

28.51%-8.5pp

Employer contribution / active EE

$830

$1,863-55.4%

$2,541-67.3%

$2,270-63.4%

Participant deferral / active EE

$1,582

$3,617-56.3%

$4,167-62.0%

$3,740-57.7%

Admin fee / account holder

$482-100.0%

$6,797-100.0%

$513-100.0%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES3 years

Service code 27 · EIN 59-1237041

PO BOX 14527 · ST PETERSBURG, FL 337334527

Advisory (Plan)

$7,719

NATIONWIDE4 years

Service code 15 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$5,633

PENSION ASSURANCE LLP4 years

Filed as: THE PENSION SERVICE, INC.

Service code 14 · EIN 06-0874395

127 WASHINGTON AVENUE · NORTH HAVEN, CT 064731715

Plan Administrator

$5,084

ARNPRIOR AEROSPACE PORTLAND, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARNPRIOR AEROSPACE PORTLAND, INC. 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