Retirement plan

CHASNAN, INC. DBA THE RECOVERY ROOM 401K PLAN

Name: CHASNAN, INC. DBA THE RECOVERY ROOM - CHASNAN, INC. DBA THE RECOVERY ROOM 401K PLAN (2019) Form 5500
Creator: CHASNAN, INC. DBA THE RECOVERY ROOM
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHASNAN, INC. DBA THE RECOVERY ROOM 401K PLAN, CHASNAN, INC. DBA THE RECOVERY ROOM

CHASNAN, INC. DBA THE RECOVERY ROOMEIN 59-3016820Plan #001PY 2019

1812 SUMMER OAK CT. - PANAMA CITY BEACH, FL 32408850-234-0238LinkedIn1-10 employeeselectrical/electronic manufacturing

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$61K

+52.3% from 2018

Total participants

+20.0% from 2018

Average account balance

$12,106

+52.3% from 2018

Annual return

20.60%

+36.37 pp from 2018

Benchmarks

See 21,381 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,381 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$243K

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

88.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$37K

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

+17.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$378

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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$735

$123 / participant

Other / not subdivided$735100.0%

% of EOY assets

1.214%

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

$12,106

$103,387-88.3%

$87,102-86.1%

$152,885-92.1%

Participation rate

83.3%

79.4%+4.0pp

76.9%+6.5pp

82.5%+0.9pp

Annual return

20.60%

28.10%-7.5pp

28.19%-7.6pp

345.39%-324.8pp

Employer contribution / active EE

$959

$3,221-70.2%

$2,521-62.0%

$4,763-79.9%

Participant deferral / active EE

$1,142

$4,778-76.1%

$4,048-71.8%

$5,851-80.5%

Admin fee / account holder

$147

$12,193-98.8%

$7,491-98.0%

$11,598-98.7%

CHASNAN, INC. DBA THE RECOVERY ROOM 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHASNAN, INC. DBA THE RECOVERY ROOM 401K 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