Retirement plan

FLUID POWER EQUIPMENT, INC. NEW COMPARIBILITY PLAN

Name: FLUID POWER EQUIPMENT, INC. NEW COMPARIBILITY PLAN - FLUID POWER EQUIPMENT, INC. NEW COMPARIBILITY PLAN (2021) Form 5500
Creator: FLUID POWER EQUIPMENT, INC. NEW COMPARIBILITY PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FLUID POWER EQUIPMENT, INC. NEW COMPARIBILITY PLAN, FLUID POWER EQUIPMENT, INC. NEW COMPARIBILITY PLAN

FLUID POWER EQUIPMENT, INC. NEW COMPARIBILITY PLANEIN 74-1747262Plan #002PY 2021

PO BOX 40530 - HOUSTON, TX 772400530713-466-8088

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.9M

-26.7% from 2020

Total participants

-47.8% from 2020

Average account balance

$241,838

-8.4% from 2020

Annual return

20.31%

+13.94 pp from 2020

Benchmarks

See 21,784 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,784 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.19M

Not enough data

1 years with asset history on file

Average account balance

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

$219K

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.

166.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+7.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$56014

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 codes2E2G

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$1.9M

$158874 / participant

Other / not subdivided$2M100.0%

% of EOY assets

65.694%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$241,838

$124,346+94.5%

$111,306+117.3%

$167,553+44.3%

Participation rate

100.0%

79.6%+20.4pp

77.3%+22.7pp

82.1%+17.9pp

Annual return

20.31%

37.46%-17.2pp

54.67%-34.4pp

478.89%-458.6pp

Employer contribution / active EE

$3,438-100.0%

$2,732-100.0%

$4,840-100.0%

Participant deferral / active EE

$3,708

$5,182-28.4%

$4,488-17.4%

$6,343-41.5%

Admin fee / account holder

$158,874

$10,623+1395.6%

$7,966+1894.5%

$12,316+1189.9%

FLUID POWER EQUIPMENT, INC. NEW COMPARIBILITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FLUID POWER EQUIPMENT, INC. NEW COMPARIBILITY 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