Retirement plan

AROMATIQUE, INC. 401(K) AND PROFIT SHARING PLAN

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

AROMATIQUE, INC.EIN 71-0569597Plan #003PY 2021

PO BOX 6000 - HEBER SPRINGS, AR 72543501-362-7511aromatique.comLinkedIn51-200 employeesconsumer goods

Prospect flagsLow returnsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$4M

+7.7% from 2020

Total participants

116

-7.2% from 2020

Average account balance

$69,262

+5.8% from 2020

Annual return

9.99%

+2.27 pp from 2020

Benchmarks

See 4,054 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,054 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.65M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

44.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$204K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+6.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9654

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

Top 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: GREAT-WEST LIFE & ANNUITY INS CO Service code 15 · EIN 84-0467907	Recordkeeping	$618
ENVESTNET RETIREMENT SOLUTIONS, LLC1 year Filed as: ENVESTNET RETIREMENT SOLUTIONS,LLC Service code 28 · EIN 61-1732930	Investment Management	$0
MESIROW FINANCIAL INVESTMENT MANAGE7+ years Filed as: MESIROW FINANCIAL INVESTMENT MGMT Service code 49 · EIN 36-3429599	Other Services	$0
MORGAN STANLEY SMITH BARNEY7+ years Filed as: MORGAN STANLEY INS SVCS INC Service code 22 · EIN 51-0116113	Insurance Broker	$0

Plan features & details

Pension benefit codes2E2G2J2K3H

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.
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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$618

$6 / participant

Other / not subdivided$618100.0%

% of EOY assets

0.015%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RASCO WINTER THOMAS GROUP LLP
Auditor EIN: 710448488
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$69,262

$84,936-18.5%

$111,308-37.8%

$79,391-12.8%

Participation rate

47.3%

75.9%-28.6pp

77.3%-30.0pp

70.7%-23.4pp

Annual return

9.99%

17.45%-7.5pp

54.67%-44.7pp

116.88%-106.9pp

Employer contribution / active EE

$693

$1,979-65.0%

$2,732-74.6%

$2,428-71.5%

Participant deferral / active EE

$1,162

$3,888-70.1%

$4,487-74.1%

$4,046-71.3%

Admin fee / account holder

$11

$537-98.0%

$7,965-99.9%

$627-98.3%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: GREAT-WEST LIFE & ANNUITY INS CO

Service code 15 · EIN 84-0467907

Recordkeeping

$618

ENVESTNET RETIREMENT SOLUTIONS, LLC1 year

Filed as: ENVESTNET RETIREMENT SOLUTIONS,LLC

Service code 28 · EIN 61-1732930

Investment Management

MESIROW FINANCIAL INVESTMENT MANAGE7+ years

Filed as: MESIROW FINANCIAL INVESTMENT MGMT

Service code 49 · EIN 36-3429599

Other Services

MORGAN STANLEY SMITH BARNEY7+ years

Filed as: MORGAN STANLEY INS SVCS INC

Service code 22 · EIN 51-0116113

Insurance Broker

AROMATIQUE, INC. 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AROMATIQUE, INC. 401(K) AND 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