Retirement plan

ELECTRO-MECHANICAL CORP. RETIREMENT PLAN

Name: ELECTRO-MECHANICAL CORPORATION - ELECTRO-MECHANICAL CORP. RETIREMENT PLAN (2019) 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 2019

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

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$29M

+10.1% from 2018

Total participants

511

-1.0% from 2018

Average account balance

$56,810

+11.2% from 2018

Annual return

15.28%

+17.81 pp from 2018

Benchmarks

See 1,313 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,313 peers

Snapshot2019

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 2 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.5+ years Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 23-2384840	Advisory (Plan)	$54,829
PRUDENTIAL RETIREMENT INSURANCE AND5+ years Filed as: THE PRUDENTIAL INSURANCE COMPANY OF Service code 99 · EIN 22-1211670	Other Fees	$11,942

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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$5K

$13 / 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

$56,810

$69,159-17.9%

$125,192-54.6%

$67,579-15.9%

Participation rate

100.0%

78.2%+21.8pp

79.8%+20.2pp

71.3%+28.7pp

Annual return

15.28%

27.12%-11.8pp

43.79%-28.5pp

378.56%-363.3pp

Employer contribution / active EE

$907

$2,023-55.2%

$3,866-76.5%

$2,148-57.7%

Participant deferral / active EE

$2,403

$3,700-35.0%

$4,937-51.3%

$3,539-32.1%

Admin fee / account holder

$10

$142-92.6%

$9,704-99.9%

$142-92.7%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.5+ years

Filed as: WELLS FARGO ADVISORS

Service code 27 · EIN 23-2384840

Advisory (Plan)

$54,829

PRUDENTIAL RETIREMENT INSURANCE AND5+ years

Filed as: THE PRUDENTIAL INSURANCE COMPANY OF

Service code 99 · EIN 22-1211670

Other Fees

$11,942

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