Retirement plan

FAGIN RESOURCES, INC. EMPLOYEES PROFIT SHARING TRUST (FORMERLY AMERICAN DIVERSIFIED) PLAN

Name: HUNTER RESOURCES INC - FAGIN RESOURCES, INC. EMPLOYEES PROFIT SHARING TRUST (FORMERLY AMERICAN DIVERSIFIED) PLAN (2020) Form 5500
Creator: HUNTER RESOURCES INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FAGIN RESOURCES, INC. EMPLOYEES PROFIT SHARING TRUST (FORMERLY AMERICAN DIVERSIFIED) PLAN, HUNTER RESOURCES INC

HUNTER RESOURCES INCEIN 75-1367591Plan #001PY 2020

3419 WESTMINSTER AVE # 341-G - DALLAS, TX 75205214-369-6300LinkedIn11-50 employeeseducation management

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$2.4M

+17.9% from 2019

Total participants

+33.3% from 2019

Average account balance

$596,389

-11.6% from 2019

Annual return

13.04%

-8.27 pp from 2019

Benchmarks

See 16,010 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort16,010 peers

Snapshot2020

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$3.59M

Not enough data

1 years with asset history on file

Average account balance

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

$897K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$86K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$29K

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

+17.24%

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

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 codes2E2F2G2J2T3D3H

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.
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.
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

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$596,389

$228,332+161.2%

$185,823+220.9%

$158,922+275.3%

Participation rate

100.0%

82.3%+17.7pp

78.0%+22.0pp

82.0%+18.0pp

Annual return

13.04%

40.80%-27.8pp

35.95%-22.9pp

302.83%-289.8pp

Employer contribution / active EE

$5,628

$4,967+13.3%

$4,087+37.7%

$4,761+18.2%

Participant deferral / active EE

$18,761

$6,415+192.5%

$5,632+233.1%

$5,982+213.6%

Admin fee / account holder

$11,864-100.0%

$9,500-100.0%

$11,246-100.0%

FAGIN RESOURCES, INC. EMPLOYEES PROFIT SHARING TRUST (FORMERLY AMERICAN DIVERSIFIED) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

FAGIN RESOURCES, INC. EMPLOYEES PROFIT SHARING TRUST (FORMERLY AMERICAN DIVERSIFIED) 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