Retirement plan

AVALON FREIGHT SERVICES 401(K) PLAN AND TRUST

Name: AVALON FREIGHT SERVICES - AVALON FREIGHT SERVICES 401(K) PLAN AND TRUST (2020) Form 5500
Creator: AVALON FREIGHT SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AVALON FREIGHT SERVICES 401(K) PLAN AND TRUST, AVALON FREIGHT SERVICES

AVALON FREIGHT SERVICESEIN 46-5154084Plan #001PY 2020

385 SWINFORD ST. - SAN PEDRO, CA 90731310-221-6290LinkedIn11-50 employeesmaritime

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$908K

+35.0% from 2019

Total participants

+3.6% from 2019

Average account balance

$37,847

+35.0% from 2019

Annual return

13.35%

-6.31 pp from 2019

Benchmarks

See 3,735 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,735 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.49M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

96.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$244K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12627

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 codes2E2F2G2J3D

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.
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

$10K

$393 / participant

Other / not subdivided$10K100.0%

% of EOY assets

1.124%

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

$37,847

$59,839-36.8%

$81,988-53.8%

$79,858-52.6%

Participation rate

80.8%

61.6%+19.2pp

69.3%+11.5pp

69.6%+11.1pp

Annual return

13.35%

17.56%-4.2pp

41.31%-28.0pp

31.72%-18.4pp

Employer contribution / active EE

$1,966

$1,713+14.7%

$2,498-21.3%

$2,471-20.4%

Participant deferral / active EE

$3,647

$2,695+35.3%

$3,722-2.0%

$3,740-2.5%

Admin fee / account holder

$426

$4,287-90.1%

$5,665-92.5%

$5,306-92.0%

AVALON FREIGHT SERVICES 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AVALON FREIGHT SERVICES 401(K) PLAN AND 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