Retirement plan

FAOUR GLASS TECHNOLOGIES 401(K) PLAN

Name: FAOURS MIRROR CORP. DBA FAOUR GLASS TECHNOLOGIES - FAOUR GLASS TECHNOLOGIES 401(K) PLAN (2018) Form 5500
Creator: FAOURS MIRROR CORP. DBA FAOUR GLASS TECHNOLOGIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FAOUR GLASS TECHNOLOGIES 401(K) PLAN, FAOURS MIRROR CORP. DBA FAOUR GLASS TECHNOLOGIES

FAOURS MIRROR CORP. DBA FAOUR GLASS TECHNOLOGIESEIN 59-1610938Plan #002PY 2018

5119 WEST KNOX STREET - TAMPA, FL 33634813-844-3297

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$704K

-30.5% from 2017

Total participants

-5.9% from 2017

Average account balance

$27,093

-35.8% from 2017

Annual return

-2.12%

-16.25 pp from 2017

Benchmarks

See 5,892 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,892 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.53M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

61.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$507K

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

+11.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1775

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 codes2F2J2T3D

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).
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

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

$436K

$16787 / participant

Other / not subdivided$436K100.0%

% of EOY assets

61.960%

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

$27,093

$61,660-56.1%

$80,022-66.1%

$64,173-57.8%

Participation rate

76.9%

71.7%+5.2pp

75.8%+1.1pp

69.6%+7.4pp

Annual return

-2.12%

-0.33%-1.8pp

11.22%-13.3pp

7.63%-9.8pp

Employer contribution / active EE

$2,024

$1,810+11.8%

$2,468-18.0%

$2,381-15.0%

Participant deferral / active EE

$3,720

$2,968+25.4%

$3,686+0.9%

$3,470+7.2%

Admin fee / account holder

$16,787

$5,417+209.9%

$6,521+157.4%

$4,887+243.5%

FAOUR GLASS TECHNOLOGIES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FAOUR GLASS TECHNOLOGIES 401(K) 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