Retirement plan

QIFURUI ELECTRONICS COMPANY 401(K) PLAN

Name: QIFURUI ELECTRONICS COMPANY - QIFURUI ELECTRONICS COMPANY 401(K) PLAN (2022) Form 5500
Creator: QIFURUI ELECTRONICS COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, QIFURUI ELECTRONICS COMPANY 401(K) PLAN, QIFURUI ELECTRONICS COMPANY

QIFURUI ELECTRONICS COMPANYEIN 71-0903554Plan #001PY 2022

1924 W HOLT AVE - POMONA, CA 917683351626-823-8896

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$462K

+25.9% from 2021

Total participants

0.0% from 2021

Average account balance

$65,991

+25.9% from 2021

Annual return

-15.01%

-33.20 pp from 2021

Benchmarks

See 23,461 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,461 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$786K

Not enough data

1 years with asset history on file

Average account balance

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

$112K

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.

175.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$134K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$33K

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

+14.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2J

Plan features

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.

Opportunity flags

0 tripped

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

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

$65,991

$142,409-53.7%

$119,634-44.8%

$134,545-51.0%

Participation rate

100.0%

82.8%+17.2pp

79.3%+20.7pp

81.2%+18.8pp

Annual return

-15.01%

-12.46%-2.6pp

-14.98%0pp

418.37%-433.4pp

Employer contribution / active EE

$7,891

$5,224+51.0%

$4,232+86.4%

$4,742+66.4%

Participant deferral / active EE

$17,133

$6,468+164.9%

$5,601+205.9%

$6,401+167.7%

Admin fee / account holder

$13,594-100.0%

$10,329-100.0%

$11,431-100.0%

QIFURUI ELECTRONICS COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

QIFURUI ELECTRONICS COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion