Retirement plan

AMPORTS 401(K) PLAN

Name: AMPORTS, INC. - AMPORTS 401(K) PLAN (2020) Form 5500
Creator: AMPORTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMPORTS 401(K) PLAN, AMPORTS, INC.

AMPORTS, INC.EIN 52-1972572Plan #004PY 2020

10060 SKINNER LAKE DRIVE, 2ND FLOOR - JACKSONVILLE, FL 32246904-855-2933amports.comLinkedIn501-1000 employeeslogistics and supply chain

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$22M

+3.6% from 2019

Total participants

643

+2.9% from 2019

Average account balance

$45,565

+5.8% from 2019

Annual return

15.77%

-3.61 pp from 2019

Benchmarks

See 659 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort659 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.41M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

487

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.

64.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.15M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$162

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 6 by compensation

Provider	Service type	Compensation
DIGITAL RETIREMENT SOLUTIONS, INC.6+ years Service code 12 · EIN 84-1477138	Recordkeeping and information managem...	$24,153
UBS FINANCIAL SERVICES INC6+ years Filed as: UBS FINANCIAL SERVICES, INC. Service code 17 · EIN 13-2638166	Pension Consulting	$19,884
KESTRA INVESTMENT SERVICES LLC1 year Filed as: KESTRA ADVISORY SERVICES Service code 17 · EIN 35-2552359	Pension Consulting	$19,151
NEWPORT GROUP, INC.6+ years Filed as: MATRIX FINANCIAL SOLUTIONS, INC. Service code 18 · EIN 20-1591048	Shareholder servicing fees; Direct pa...	$10,498
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$475
ADP BROKER-DEALER1 year Service code 59 · EIN 22-3319984	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$74K

$144 / participant

Other / not subdivided$74K100.0%

% of EOY assets

0.335%

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: PIVOT CPAS
Auditor EIN: 200708248
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,565

$51,288-11.2%

$81,982-44.4%

$73,412-37.9%

Participation rate

68.8%

64.0%+4.8pp

69.3%-0.4pp

72.2%-3.4pp

Annual return

15.77%

29.48%-13.7pp

41.31%-25.5pp

59.30%-43.5pp

Employer contribution / active EE

$1,201

$1,487-19.2%

$2,498-51.9%

$2,234-46.2%

Participant deferral / active EE

$1,743

$2,715-35.8%

$3,722-53.2%

$3,806-54.2%

Admin fee / account holder

$153

$125+21.7%

$5,665-97.3%

$158-3.4%

Provider

Service type

Compensation

DIGITAL RETIREMENT SOLUTIONS, INC.6+ years

Service code 12 · EIN 84-1477138

Recordkeeping and information managem...

$24,153

UBS FINANCIAL SERVICES INC6+ years

Filed as: UBS FINANCIAL SERVICES, INC.

Service code 17 · EIN 13-2638166

Pension Consulting

$19,884

KESTRA INVESTMENT SERVICES LLC1 year

Filed as: KESTRA ADVISORY SERVICES

Service code 17 · EIN 35-2552359

Pension Consulting

$19,151

NEWPORT GROUP, INC.6+ years

Filed as: MATRIX FINANCIAL SOLUTIONS, INC.

Service code 18 · EIN 20-1591048

Shareholder servicing fees; Direct pa...

$10,498

ADP BROKER-DEALER1 year

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$475

ADP BROKER-DEALER1 year

Service code 59 · EIN 22-3319984

Shareholder Servicing

AMPORTS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMPORTS 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