Retirement plan

ECU WORLDWIDE 1081. 01(D) PLAN

Name: ECONOCARIBE CONSOLIDATORS INC. - ECU WORLDWIDE 1081. 01(D) PLAN (2024) Form 5500
Creator: ECONOCARIBE CONSOLIDATORS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ECU WORLDWIDE 1081. 01(D) PLAN, ECONOCARIBE CONSOLIDATORS INC.

ECONOCARIBE CONSOLIDATORS INC.dba ECU WORLDWIDEEIN 59-1428228Plan #005PY 2024

2401 NW 69TH STREET - MIAMI, FL 331475133305-693-5133LinkedIn201-500 employeesrailroad manufacture

Other plans on this EIN

1 filing

#004Retirement--

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$428K

-39.1% from 2023

Total participants

0.0% from 2023

Average account balance

$15,845

-39.1% from 2023

Annual return

8.88%

-6.81 pp from 2023

Benchmarks

See 22,293 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,293 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$428K

Not enough data

1 years with asset history on file

Average account balance

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

$16K

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

$64K

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

+8.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15224

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 codes2E2J2F3C2G

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.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.

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

$411K

$25691 / participant

Other / not subdivided$411K100.0%

% of EOY assets

96.080%

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

$15,845

$111,830-85.8%

$93,696-83.1%

$145,884-89.1%

Participation rate

100.0%

74.2%+25.8pp

68.7%+31.3pp

80.3%+19.7pp

Annual return

8.88%

204.08%-195.2pp

133.74%-124.9pp

551.85%-543.0pp

Employer contribution / active EE

$1,360

$3,093-56.0%

$2,422-43.9%

$4,662-70.8%

Participant deferral / active EE

$2,621

$4,920-46.7%

$4,417-40.7%

$6,690-60.8%

Admin fee / account holder

$15,224

$10,249+48.5%

$8,287+83.7%

$13,392+13.7%

ECU WORLDWIDE 1081. 01(D) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ECU WORLDWIDE 1081. 01(D) 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