Retirement plan

F&E AIRCRAFT MAINTENANCE 401(K) PLAN

Name: F&E AIRCRAFT MAINTENANCE MIAMI, - F&E AIRCRAFT MAINTENANCE 401(K) PLAN (2020) Form 5500
Creator: F&E AIRCRAFT MAINTENANCE MIAMI,
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, F&E AIRCRAFT MAINTENANCE 401(K) PLAN, F&E AIRCRAFT MAINTENANCE MIAMI,

F&E AIRCRAFT MAINTENANCE MIAMI,EIN 52-2177585Plan #001PY 2020

657 SOUTH DRIVE, SUITE 306 - MIAMI SPRINGS, FL 33166305-871-3758LinkedIn501-1000 employeesindividual & family services

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$6.5M

+31.4% from 2019

Total participants

1,018

+9.0% from 2019

Average account balance

$21,709

+13.9% from 2019

Annual return

17.17%

-3.91 pp from 2019

Benchmarks

See 874 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort874 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.50M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

701

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.

37.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.74M

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

+16.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$118

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 1 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$39,644

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$40K

$42 / participant

Other / not subdivided$40K100.0%

% of EOY assets

0.609%

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: BERKOWITZ POLLACK BRANT ADVISORS
Auditor EIN: 592742314
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,709

$52,722-58.8%

$90,461-76.0%

$73,412-70.4%

Participation rate

24.7%

67.7%-43.1pp

72.7%-48.0pp

72.2%-47.5pp

Annual return

17.17%

20.70%-3.5pp

1294.76%-1277.6pp

59.30%-42.1pp

Employer contribution / active EE

$1,872-100.0%

$3,264-100.0%

$2,234-100.0%

Participant deferral / active EE

$1,281

$2,810-54.4%

$3,964-67.7%

$3,806-66.3%

Admin fee / account holder

$132

$117+13.1%

$5,617-97.6%

$158-16.3%

Provider

Service type

Compensation

ADP BROKER-DEALER1 year

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$39,644

F&E AIRCRAFT MAINTENANCE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

F&E AIRCRAFT MAINTENANCE 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