Retirement plan

ACCESS CONTROL & GATE AUTOMATION 401(K) PLAN

Name: ACCESS CONTROL & GATE AUTOMATION, INC. - ACCESS CONTROL & GATE AUTOMATION 401(K) PLAN (2017) Form 5500
Creator: ACCESS CONTROL & GATE AUTOMATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACCESS CONTROL & GATE AUTOMATION 401(K) PLAN, ACCESS CONTROL & GATE AUTOMATION, INC.

ACCESS CONTROL & GATE AUTOMATION, INC.EIN 47-1988438Plan #001PY 2017

125 WEST HILLS RD - HUNTINGTON STATION, NY 117463144631-824-6426LinkedIn1-10 employeesconsumer goods

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$98K

+231.3% from 2016

Total participants

+50.0% from 2016

Average account balance

$48,929

+231.3% from 2016

Annual return

145.95%

+145.95 pp from 2016

Benchmarks

See 22,202 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,202 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$473K

Not enough data

1 years with asset history on file

Average account balance

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

$237K

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.

50.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$28K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4639

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 codes2E2F2G2J2T3D

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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

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

$48,929

$144,130-66.1%

$117,860-58.5%

$147,585-66.8%

Participation rate

66.7%

83.4%-16.8pp

79.7%-13.0pp

82.8%-16.2pp

Annual return

145.95%

531.20%-385.2pp

335.10%-189.1pp

578.58%-432.6pp

Employer contribution / active EE

$2,400

$4,897-51.0%

$3,786-36.6%

$4,876-50.8%

Participant deferral / active EE

$6,000

$5,316+12.9%

$4,482+33.9%

$5,439+10.3%

Admin fee / account holder

$10,887-100.0%

$8,021-100.0%

$10,886-100.0%

ACCESS CONTROL & GATE AUTOMATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ACCESS CONTROL & GATE AUTOMATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion