Retirement plan

UNITED APOLLO PETROLEUM TRANSPORTATION CORP. 401(K) PROFIT SHARING PLAN & TRUST

Name: APOLLO PETROLEUM TRANSPORT LLC - UNITED APOLLO PETROLEUM TRANSPORTATION CORP. 401(K) PROFIT SHARING PLAN & TRUST (2023) Form 5500
Creator: APOLLO PETROLEUM TRANSPORT LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNITED APOLLO PETROLEUM TRANSPORTATION CORP. 401(K) PROFIT SHARING PLAN & TRUST, APOLLO PETROLEUM TRANSPORT LLC

APOLLO PETROLEUM TRANSPORT LLCEIN 46-2112871Plan #002PY 2023

500 KINGSLAND AVE. - BROOKLYN, NY 11222718-389-5800LinkedIn11-50 employeesrailroad manufacture

Other plans on this EIN

1 filing

#001Retirement-$12.0M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.5M

+0.3% from 2022

Total participants

+10.5% from 2022

Average account balance

$58,847

-11.7% from 2022

Annual return

14.98%

+32.15 pp from 2022

Benchmarks

See 4,603 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort4,603 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.90M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

160.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$276K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+14.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5040

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 codes2G2F3D2J2E2T

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

$700K

$27988 / participant

Other / not subdivided$700K100.0%

% of EOY assets

28.309%

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

$58,847

$51,202+14.9%

$70,548-16.6%

$75,181-21.7%

Participation rate

100.0%

61.0%+39.0pp

68.3%+31.7pp

67.2%+32.8pp

Annual return

14.98%

30.05%-15.1pp

32.78%-17.8pp

160.69%-145.7pp

Employer contribution / active EE

$6,031

$1,827+230.2%

$2,975+102.7%

$2,671+125.8%

Participant deferral / active EE

$4,184

$2,850+46.8%

$4,567-8.4%

$4,126+1.4%

Admin fee / account holder

$16,659

$4,094+306.9%

$6,424+159.3%

$5,650+194.9%

UNITED APOLLO PETROLEUM TRANSPORTATION CORP. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNITED APOLLO PETROLEUM TRANSPORTATION CORP. 401(K) PROFIT SHARING PLAN & 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