Retirement plan

CRAIG TECHNOLOGIES 401(K) SAVINGS PLAN

Name: CRAIG TECHNOLOGIES - CRAIG TECHNOLOGIES 401(K) SAVINGS PLAN (2015) Form 5500
Creator: CRAIG TECHNOLOGIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CRAIG TECHNOLOGIES 401(K) SAVINGS PLAN, CRAIG TECHNOLOGIES

CRAIG TECHNOLOGIESEIN 54-1935688Plan #001PY 2015

8550 ASTRONAUT BLVD - CAPE CANAVERAL, FL 32920321-752-0398

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$13.8M

No prior year

Total participants

534

No prior year

Average account balance

$32,444

No prior year

Annual return

3.01%

No prior year

Benchmarks

See 2,331 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,331 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.59M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

257

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.

65.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+9.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$244

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
AMERICAN FUNDS1+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT CO Service code 64 · EIN 95-1411037 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$2,969

Plan features & details

Pension benefit codes2F2G2J2K3D

Plan features

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.
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

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

$6K

$16 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.046%

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: BERMAN HOPKINS WRIGHT & LAHAM CPA'S
Auditor EIN: 591152714
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,444

$88,324-63.3%

$115,037-71.8%

$55,191-41.2%

Participation rate

73.0%

72.5%+0.4pp

81.4%-8.4pp

69.2%+3.8pp

Annual return

3.01%

6.30%-3.3pp

26.14%-23.1pp

10.78%-7.8pp

Employer contribution / active EE

$2,257

$2,805-19.5%

$4,608-51.0%

$1,899+18.9%

Participant deferral / active EE

$5,130

$5,042+1.7%

$6,026-14.9%

$3,046+68.4%

Admin fee / account holder

$15

$105-85.8%

$8,175-99.8%

$91-83.6%

Provider

Service type

Compensation

AMERICAN FUNDS1+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO

Service code 64 · EIN 95-1411037

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$2,969

CRAIG TECHNOLOGIES 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CRAIG TECHNOLOGIES 401(K) SAVINGS 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