Retirement plan

ATR AMERICAS, INC. MONEY PURCHASE PENSION PLAN

Name: ATR AMERICAS, INC. - ATR AMERICAS, INC. MONEY PURCHASE PENSION PLAN (2023) Form 5500
Creator: ATR AMERICAS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ATR AMERICAS, INC. MONEY PURCHASE PENSION PLAN, ATR AMERICAS, INC.

ATR AMERICAS, INC.EIN 54-1333168Plan #002PY 2023

4355 NW 36TH STREET - MIAMI SPRINGS, FL 33166786-960-7151LinkedIn51-200 employeesairlines/aviation

Other plans on this EIN

1 filing

#001Retirement-$6.0M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$485K

+31.5% from 2022

Total participants

0.0% from 2022

Average account balance

$12,434

+14.6% from 2022

Annual return

16.06%

+33.27 pp from 2022

Benchmarks

See 4,601 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort4,601 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$572K

Not enough data

1 years with asset history on file

Average account balance

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

$15K

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.

144.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$75K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+10.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1010

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 codes2C2F2G2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$30K

$938 / participant

Other / not subdivided$30K100.0%

% of EOY assets

6.190%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$12,434

$51,222-75.7%

$70,544-82.4%

$75,173-83.5%

Participation rate

87.5%

61.0%+26.5pp

68.4%+19.1pp

67.2%+20.3pp

Annual return

16.06%

30.06%-14.0pp

32.79%-16.7pp

160.72%-144.7pp

Employer contribution / active EE

$2,623

$1,827+43.6%

$2,976-11.9%

$2,671-1.8%

Participant deferral / active EE

$2,850-100.0%

$4,568-100.0%

$4,126-100.0%

Admin fee / account holder

$770

$4,096-81.2%

$6,427-88.0%

$5,651-86.4%

ATR AMERICAS, INC. MONEY PURCHASE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ATR AMERICAS, INC. MONEY PURCHASE PENSION 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