Retirement plan

ELLIOTT EQUIPMENT COMPANY SAVINGS AND RETIREMENT PLAN

Name: ELLIOTT EQUIPMENT COMPANY - ELLIOTT EQUIPMENT COMPANY SAVINGS AND RETIREMENT PLAN (2020) Form 5500
Creator: ELLIOTT EQUIPMENT COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ELLIOTT EQUIPMENT COMPANY SAVINGS AND RETIREMENT PLAN, ELLIOTT EQUIPMENT COMPANY

ELLIOTT EQUIPMENT COMPANYEIN 47-0741258Plan #001PY 2020

3514 S. 25TH STREET - OMAHA, NE 68105402-592-4500elliottequip.comLinkedIn201-500 employeesmachinery

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$8.2M

+13.6% from 2019

Total participants

158

-20.2% from 2019

Average account balance

$56,396

+44.0% from 2019

Annual return

11.43%

-11.48 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

$12.75M

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.

225

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.

87.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.32M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+16.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$261

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL6+ years Service code 60 · EIN 04-2647786	Sub-TA Fees	$23,317
CAMBRIDGE INVESTMENT RESEARCH4 years Service code 27 · EIN 42-1445429	Advisory (Plan)	$10,795
USI CONSULTING GROUP1 year Filed as: USI ADVISORS INC Service code 27 · EIN 06-1397347	Advisory (Plan)	$7,353

Plan features & details

Pension benefit codes2E2G2J2K2S2T3F3D

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$41K

$388 / participant

Other / not subdivided$41K100.0%

% of EOY assets

0.504%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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: BAIRD, KURTZ & DOBSON LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$56,396

$73,638-23.4%

$95,956-41.2%

$73,493-23.3%

Participation rate

88.8%

76.2%+12.6pp

77.1%+11.7pp

70.7%+18.1pp

Annual return

11.43%

16.78%-5.4pp

91.63%-80.2pp

28.51%-17.1pp

Employer contribution / active EE

$1,897

$1,863+1.8%

$2,541-25.3%

$2,270-16.4%

Participant deferral / active EE

$5,786

$3,617+60.0%

$4,167+38.9%

$3,740+54.7%

Admin fee / account holder

$284

$482-41.1%

$6,797-95.8%

$513-44.6%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL6+ years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$23,317

CAMBRIDGE INVESTMENT RESEARCH4 years

Service code 27 · EIN 42-1445429

Advisory (Plan)

$10,795

USI CONSULTING GROUP1 year

Filed as: USI ADVISORS INC

Service code 27 · EIN 06-1397347

Advisory (Plan)

$7,353

ELLIOTT EQUIPMENT COMPANY SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELLIOTT EQUIPMENT COMPANY SAVINGS AND RETIREMENT 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