Retirement plan

TELEPHONE ELECTRONICS CORPORATION AND ASSOCIATED COMPANIES 401(K) PLAN

Name: TELEPHONE ELECTRONICS CORPORATION - TELEPHONE ELECTRONICS CORPORATION AND ASSOCIATED COMPANIES 401(K) PLAN (2016) Form 5500
Creator: TELEPHONE ELECTRONICS CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TELEPHONE ELECTRONICS CORPORATION AND ASSOCIATED COMPANIES 401(K) PLAN, TELEPHONE ELECTRONICS CORPORATION

TELEPHONE ELECTRONICS CORPORATIONEIN 64-0527889Plan #001PY 2016

POST OFFICE BOX 22923 - JACKSON, MS 392252923601-354-9070

Other plans on this EIN

1 filing

#002Retirement-$2.4M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$14.4M

+9.2% from 2015

Total participants

196

-3.9% from 2015

Average account balance

$73,592

+13.7% from 2015

Annual return

7.73%

+8.54 pp from 2015

Benchmarks

See 837 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort837 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.93M

Not enough data

1 years with asset history on file

Average account balance

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

$123K

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.

179

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.

67.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.17M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$316

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 1 by compensation

Provider	Service type	Compensation
REGIONS BANK2+ years Service code 16 · EIN 63-0371391 1901 6TH AVENUE N · BIRMINGHAM, AL 35203	Consulting	$32,215

Plan features & details

Pension benefit codes2E2G2J3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$3K

$16 / participant

Contract admin$3K100.0%

% of EOY assets

0.018%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: HUFFMAN & SOIGNIER, APAC
Auditor EIN: 721403835
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$73,592

$51,244+43.6%

$80,977-9.1%

$55,167+33.4%

Participation rate

100.0%

71.7%+28.3pp

75.8%+24.2pp

69.0%+31.0pp

Annual return

7.73%

17.39%-9.7pp

17.11%-9.4pp

169.23%-161.5pp

Employer contribution / active EE

$3,695

$1,770+108.7%

$3,715-0.5%

$1,963+88.3%

Participant deferral / active EE

$2,244

$4,418-49.2%

$5,696-60.6%

$3,054-26.5%

Admin fee / account holder

$13

$398-96.7%

$5,517-99.8%

$504-97.4%

Provider

Service type

Compensation

REGIONS BANK2+ years

Service code 16 · EIN 63-0371391

1901 6TH AVENUE N · BIRMINGHAM, AL 35203

Consulting

$32,215

TELEPHONE ELECTRONICS CORPORATION AND ASSOCIATED COMPANIES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TELEPHONE ELECTRONICS CORPORATION AND ASSOCIATED COMPANIES 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