Retirement plan

THE INTERNATIONAL 401(K) POOLED EMPLOYER PLAN

Name: AUSTIN 3(16) FIDUCIARY LIMITED - THE INTERNATIONAL 401(K) POOLED EMPLOYER PLAN (2022) Form 5500
Creator: AUSTIN 3(16) FIDUCIARY LIMITED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE INTERNATIONAL 401(K) POOLED EMPLOYER PLAN, AUSTIN 3(16) FIDUCIARY LIMITED

AUSTIN 3(16) FIDUCIARY LIMITEDEIN 46-2981114Plan #001PY 2022

119 ELAINE DRIVE - OCEANSIDE, NY 11572516-594-1557

Other plans on this EIN

1 filing

#051Retirement-$2.2M assets

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$50.9M

+2287.0% from 2021

Total participants

1,135

-74.3% from 2021

Average account balance

$55,466

+11009.7% from 2021

Annual return

0.00%

-1.88 pp from 2021

Benchmarks

See 959 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort959 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.62M

Not enough data

1 years with asset history on file

Average account balance

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

$2K

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.

3,502

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.

81.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$167K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$39

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

+13.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$77

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

1 years with F_SCH_H allocation on file

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
THE INVESTMENT CENTER INC1 year Filed as: THE INVESTMENT CENTER, INC. Service code 26	Advisory (Participants)	$248,065
RPG CONSULTANTS1 year Service code 15 · EIN 13-4077182 1245 HEWLETT PLAZA · HEWLETT, NY 11557	Recordkeeping	$141,475
QBOX FIDUCIARY SOLUTIONS, LLC1 year Service code 31 · EIN 46-2486380 1020 EAST DUPONT ROAD · FORT WAYNE, IN 46825	Named fiduciary	$28,071
LT TRUST COMPANY1 year Filed as: MG TRUST COMPANY Service code 18 · EIN 75-3182674 717 17TH STREET · DENVER, CO 80202	Custodial (other than securities); Cu...	$27,083
AUSTIN 3(16) FIDUCIARY LIMITED1 year Service code 31 · EIN 46-2981114 119 ELAINE DRIVE · OCEANSIDE, NY 11572	Named fiduciary	$15,345

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$460K

$533 / participant

Other / not subdivided$460K100.0%

% of EOY assets

0.904%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: JMM CPA
Auditor EIN: 472940358
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,466

$79,124-29.9%

$60,899-8.9%

$64,814-14.4%

Participation rate

74.7%

77.7%-3.0pp

73.1%+1.6pp

71.5%+3.3pp

Annual return

0.00%

-7.13%+7.1pp

16.92%-16.9pp

32.84%-32.8pp

Employer contribution / active EE

$3,050-100.0%

$2,702-100.0%

$2,507-100.0%

Participant deferral / active EE

$8,987

$3,725+141.2%

$3,817+135.4%

$4,310+108.5%

Admin fee / account holder

$502

$106+374.8%

$3,225-84.4%

$188+167.1%

Provider

Service type

Compensation

THE INVESTMENT CENTER INC1 year

Filed as: THE INVESTMENT CENTER, INC.

Service code 26

Advisory (Participants)

$248,065

RPG CONSULTANTS1 year

Service code 15 · EIN 13-4077182

1245 HEWLETT PLAZA · HEWLETT, NY 11557

Recordkeeping

$141,475

QBOX FIDUCIARY SOLUTIONS, LLC1 year

Service code 31 · EIN 46-2486380

1020 EAST DUPONT ROAD · FORT WAYNE, IN 46825

Named fiduciary

$28,071

LT TRUST COMPANY1 year

Filed as: MG TRUST COMPANY

Service code 18 · EIN 75-3182674

717 17TH STREET · DENVER, CO 80202

Custodial (other than securities); Cu...

$27,083

AUSTIN 3(16) FIDUCIARY LIMITED1 year

Service code 31 · EIN 46-2981114

119 ELAINE DRIVE · OCEANSIDE, NY 11572

Named fiduciary

$15,345

THE INTERNATIONAL 401(K) POOLED EMPLOYER PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE INTERNATIONAL 401(K) POOLED EMPLOYER 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