Retirement plan

HORNER INTERNATIONAL COMPANY 401 K PROFIT SHARING PLAN TRUST

Name: HORNER INTERNATIONAL COMPANY - HORNER INTERNATIONAL COMPANY 401 K PROFIT SHARING PLAN TRUST (2017) Form 5500
Creator: HORNER INTERNATIONAL COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HORNER INTERNATIONAL COMPANY 401 K PROFIT SHARING PLAN TRUST, HORNER INTERNATIONAL COMPANY

HORNER INTERNATIONAL COMPANYEIN 56-1991893Plan #001PY 2017

3427 INDUSTRIAL DRIVE - DURHAM, NC 27704919-787-3112

Other plans on this EIN

1 filing

#002Retirement-$1.0M assets

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.2M

+24.3% from 2016

Total participants

+25.0% from 2016

Average account balance

$90,305

+14.7% from 2016

Annual return

18.79%

+8.91 pp from 2016

Benchmarks

See 22,202 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,202 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.12M

Not enough data

1 years with asset history on file

Average account balance

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

$437K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$104K

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

+21.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3310

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 codes2E2F2G2J2T3D

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.

Opportunity flags

1 tripped

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

$2K

$303 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.206%

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

$90,305

$144,130-37.3%

$117,861-23.4%

$147,586-38.8%

Participation rate

75.0%

83.4%-8.4pp

79.7%-4.7pp

82.8%-7.8pp

Annual return

18.79%

531.20%-512.4pp

335.11%-316.3pp

578.59%-559.8pp

Employer contribution / active EE

$2,093

$4,897-57.3%

$3,786-44.7%

$4,876-57.1%

Participant deferral / active EE

$4,377

$5,316-17.7%

$4,482-2.3%

$5,439-19.5%

Admin fee / account holder

$186

$10,887-98.3%

$8,021-97.7%

$10,886-98.3%

HORNER INTERNATIONAL COMPANY 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HORNER INTERNATIONAL COMPANY 401 K PROFIT SHARING PLAN TRUST

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