Retirement plan

ERC, INC. 401(K) PROFIT SHARING PLAN

Name: ERC, INC. - ERC, INC. 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: ERC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ERC, INC. 401(K) PROFIT SHARING PLAN, ERC, INC.

ERC, INC.EIN 62-1008247Plan #001PY 2021

308 VOYAGER WAY SUITE 200 - HUNTSVILLE, AL 35806256-430-3080astrion.usLinkedIn1-10 employeesdefense & space

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$186.6M

-6.4% from 2016

Total participants

2,333

-11.4% from 2016

Average account balance

$88,266

-0.8% from 2016

Annual return

15.76%

-4.14 pp from 2016

Benchmarks

See 813 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort813 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$358.93M

Not enough data

1 years with asset history on file

Average account balance

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

$91K

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.

3,937

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.

83.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$34.90M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+16.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$125

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 5 by compensation

Provider	Service type	Compensation
SMITH THORNTON ADVISORS LLC1 year Service code 27 626 CLINTON AVE W STE 100 · HUNTSVILLE, AL 35801	Advisory (Plan)	$176,444
WELLS FARGO BANK, N.A.4 years Filed as: WELLS FARGO ADVISORS LLC Service code 27 401 S TRYON ST 11TH FL D1050-111 · CHARLOTTE, NC 28081	Advisory (Plan)	$54,536
AMERICAN FUNDS3 years Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS. Service code 25 · EIN 82-4555287	Directed Trustee	$20,550
TD AMERITRADE, INC.1 year Filed as: TD AMERITRADE , INC. Service code 33 200 S. 108TH AVENUE · OMAHA, NE 68154	Securities brokerage	$0
TD AMERITRADE, INC.7+ years Service code 33	Securities brokerage	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3B

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.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$252K

$147 / participant

Contract admin$252K100.0%

% of EOY assets

0.135%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BRAND, BLACKWELL & COMPANY, P.
Auditor EIN: 630861852
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$88,266

$120,450-26.7%

$159,495-44.7%

$93,010-5.1%

Participation rate

87.2%

78.0%+9.2pp

82.8%+4.4pp

73.9%+13.3pp

Annual return

15.76%

27.11%-11.3pp

263.72%-248.0pp

158.70%-142.9pp

Employer contribution / active EE

$2,925

$3,526-17.0%

$4,831-39.5%

$2,705+8.1%

Participant deferral / active EE

$6,848

$7,283-6.0%

$7,354-6.9%

$4,561+50.2%

Admin fee / account holder

$119

$137-13.0%

$10,804-98.9%

$152-21.5%

Provider

Service type

Compensation

SMITH THORNTON ADVISORS LLC1 year

Service code 27

626 CLINTON AVE W STE 100 · HUNTSVILLE, AL 35801

Advisory (Plan)

$176,444

WELLS FARGO BANK, N.A.4 years

Filed as: WELLS FARGO ADVISORS LLC

Service code 27

401 S TRYON ST 11TH FL D1050-111 · CHARLOTTE, NC 28081

Advisory (Plan)

$54,536

AMERICAN FUNDS3 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS.

Service code 25 · EIN 82-4555287

Directed Trustee

$20,550

TD AMERITRADE, INC.1 year

Filed as: TD AMERITRADE , INC.

Service code 33

200 S. 108TH AVENUE · OMAHA, NE 68154

Securities brokerage

TD AMERITRADE, INC.7+ years

Service code 33

Securities brokerage

ERC, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ERC, INC. 401(K) PROFIT SHARING 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