Retirement plan

THE LIGHTING QUOTIENT UNION 401(K) PLAN

Name: SYLVAN R. SHEMITZ DESIGNS, LLC DBA THE LIGHTING QUOTIENT - THE LIGHTING QUOTIENT UNION 401(K) PLAN (2016) Form 5500
Creator: SYLVAN R. SHEMITZ DESIGNS, LLC DBA THE LIGHTING QUOTIENT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE LIGHTING QUOTIENT UNION 401(K) PLAN, SYLVAN R. SHEMITZ DESIGNS, LLC DBA THE LIGHTING QUOTIENT

SYLVAN R. SHEMITZ DESIGNS, LLC DBA THE LIGHTING QUOTIENTEIN 47-1487060Plan #003PY 2016

114 BOSTON POST ROAD - WEST HAVEN, CT 06516203-931-4455LinkedIn51-200 employeescomputer hardware

Other plans on this EIN

1 filing

#004Retirement-$6.3M assets

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$525K

+13.9% from 2015

Total participants

+8.0% from 2015

Average account balance

$11,171

+18.7% from 2015

Annual return

5.93%

+4.99 pp from 2015

Benchmarks

See 15,087 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort15,087 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$664K

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$23K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+18.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$674

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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$5K

$117 / participant

Other / not subdivided$5K100.0%

% of EOY assets

1.003%

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

$11,171

$60,349-81.5%

$74,184-84.9%

$62,881-82.2%

Participation rate

84.4%

72.7%+11.7pp

76.6%+7.8pp

69.3%+15.1pp

Annual return

5.93%

21.38%-15.4pp

17.74%-11.8pp

20.14%-14.2pp

Employer contribution / active EE

$466

$1,680-72.3%

$2,370-80.4%

$2,281-79.6%

Participant deferral / active EE

$408

$2,856-85.7%

$3,550-88.5%

$3,203-87.3%

Admin fee / account holder

$112

$4,261-97.4%

$5,586-98.0%

$4,296-97.4%

THE LIGHTING QUOTIENT UNION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE LIGHTING QUOTIENT UNION 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