Retirement plan

AMERICAN POLLUTION CONTROL CORP 401 (K) PLAN

Name: AMERICAN POLLUTION CONTROL CORP - AMERICAN POLLUTION CONTROL CORP 401 (K) PLAN (2022) Form 5500
Creator: AMERICAN POLLUTION CONTROL CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN POLLUTION CONTROL CORP 401 (K) PLAN, AMERICAN POLLUTION CONTROL CORP

AMERICAN POLLUTION CONTROL CORPEIN 72-1263183Plan #001PY 2022

401 WEST ADMIRAL DOYLE DR - NEW IBERIA, LA 70560337-365-7847oilstop.comLinkedIn1-10 employees

Prospect flagsLow participationLow employer contributionLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$3.3M

-7.8% from 2021

Total participants

167

+20.1% from 2021

Average account balance

$56,296

-7.8% from 2021

Annual return

-16.40%

-30.76 pp from 2021

Benchmarks

See 5,987 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,987 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.10M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

101

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.

55.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$701K

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

+16.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2790

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 7 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC4 years Filed as: UBS FINANCIAL SERVICES Service code 27 · EIN 13-2638166 313 DEADERICK ST 5TH FL · NASHVILLE, TN 37238	Advisory (Plan)	$15,982
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 · EIN 13-2690792 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$1,705
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Service code 15 · EIN 84-0467907	Recordkeeping	$1,515
PREMIER PENSION SOLUTIONS, LLC1 year Service code 13	Contract Administrator	$772
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 · EIN 84-1532243 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$239
PREMIER PENSION SOLUTIONS, LLC4 years Filed as: PREMIER PENSION SOLUTIONS Service code 37 · EIN 20-2274261 PO BOX 7247 · WACO, TX 76714	Loan Processing	$0
RELIANCE TRUST COMPANY4 years Service code 19 · EIN 58-1428634	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

4 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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$3K

$22 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.104%

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: KOLDER, SLAVEN & COMPANY, LLC
Auditor EIN: 721369868
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$56,296

$84,493-33.4%

$125,381-55.1%

$66,938-15.9%

Participation rate

30.6%

76.4%-45.8pp

82.4%-51.8pp

69.8%-39.2pp

Annual return

-16.40%

-8.49%-7.9pp

572.31%-588.7pp

1.58%-18.0pp

Employer contribution / active EE

$943

$3,554-73.5%

$4,815-80.4%

$2,545-63.0%

Participant deferral / active EE

$1,556

$6,783-77.1%

$7,448-79.1%

$4,238-63.3%

Admin fee / account holder

$59

$685-91.4%

$10,007-99.4%

$594-90.1%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC4 years

Filed as: UBS FINANCIAL SERVICES

Service code 27 · EIN 13-2638166

313 DEADERICK ST 5TH FL · NASHVILLE, TN 37238

Advisory (Plan)

$15,982

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INS CO OF AMERICA

Service code 64 · EIN 13-2690792

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$1,705

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Service code 15 · EIN 84-0467907

Recordkeeping

$1,515

PREMIER PENSION SOLUTIONS, LLC1 year

Service code 13

Contract Administrator

$772

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28 · EIN 84-1532243

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$239

PREMIER PENSION SOLUTIONS, LLC4 years

Filed as: PREMIER PENSION SOLUTIONS

Service code 37 · EIN 20-2274261

PO BOX 7247 · WACO, TX 76714

Loan Processing

RELIANCE TRUST COMPANY4 years

Service code 19 · EIN 58-1428634

Securities Custodian

AMERICAN POLLUTION CONTROL CORP 401 (K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN POLLUTION CONTROL CORP 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