Retirement plan

ELECTRO-MECHANICAL CORP. RETIREMENT PLAN

Name: ELECTRO-MECHANICAL CORPORATION - ELECTRO-MECHANICAL CORP. RETIREMENT PLAN (2017) Form 5500
Creator: ELECTRO-MECHANICAL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ELECTRO-MECHANICAL CORP. RETIREMENT PLAN, ELECTRO-MECHANICAL CORPORATION

ELECTRO-MECHANICAL CORPORATIONEIN 54-0887040Plan #001PY 2017

P.O. BOX 8200 - BRISTOL, VA 242038200276-645-8893electro-mechanical.comLinkedIn501-1000 employeesutilities

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$27.2M

+7.9% from 2016

Total participants

562

-1.4% from 2016

Average account balance

$48,324

+9.4% from 2016

Annual return

12.98%

+7.28 pp from 2016

Benchmarks

See 1,232 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,232 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.99M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

625

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.

97.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.73M

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

+7.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$22

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
WELLS FARGO BANK, N.A.3+ years Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 23-2384840	Advisory (Plan)	$49,356
PRUDENTIAL RETIREMENT INSURANCE AND3+ years Filed as: THE PRUDENTIAL INSURANCE COMPANY OF Service code 99 · EIN 22-1211670	Other Fees	$8,034
HOLIFIED JANICH RACHEL & ASSOCIATES1 year Service code 29 · EIN 81-0932795	Legal	$1,024

Plan features & details

Pension benefit codes2E2G2J

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.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$5K

$11 / participant

Investment mgmt$5K100.0%

% of EOY assets

0.018%

all-in expense ratio

Categories reported

1 / 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: JASON UNDERWOOD CPA, PLLC
Auditor EIN: 453976013
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,324

$71,666-32.6%

$117,861-59.0%

$69,631-30.6%

Participation rate

100.0%

77.5%+22.5pp

79.7%+20.3pp

70.7%+29.3pp

Annual return

12.98%

18.86%-5.9pp

335.11%-322.1pp

27571.02%-27558.0pp

Employer contribution / active EE

$598

$1,889-68.3%

$3,786-84.2%

$2,032-70.6%

Participant deferral / active EE

$2,065

$3,340-38.2%

$4,482-53.9%

$3,224-35.9%

Admin fee / account holder

$120-92.7%

$8,021-99.9%

$110-92.0%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.3+ years

Filed as: WELLS FARGO ADVISORS

Service code 27 · EIN 23-2384840

Advisory (Plan)

$49,356

PRUDENTIAL RETIREMENT INSURANCE AND3+ years

Filed as: THE PRUDENTIAL INSURANCE COMPANY OF

Service code 99 · EIN 22-1211670

Other Fees

$8,034

HOLIFIED JANICH RACHEL & ASSOCIATES1 year

Service code 29 · EIN 81-0932795

Legal

$1,024

ELECTRO-MECHANICAL CORP. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELECTRO-MECHANICAL CORP. 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