Retirement plan

HI-TECH EMERGENCY VEHICLE SERVICE, INC. PROFIT SHARING 401(K) PLAN

Name: HI-TECH EMERGENCY VEHICLE SERVICE, INC. - HI-TECH EMERGENCY VEHICLE SERVICE, INC. PROFIT SHARING 401(K) PLAN (2017) Form 5500
Creator: HI-TECH EMERGENCY VEHICLE SERVICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HI-TECH EMERGENCY VEHICLE SERVICE, INC. PROFIT SHARING 401(K) PLAN, HI-TECH EMERGENCY VEHICLE SERVICE, INC.

HI-TECH EMERGENCY VEHICLE SERVICE, INC.EIN 77-0150241Plan #001PY 2017

444 W. GREGER STREET - OAKDALE, CA 95361209-847-3042hitechevs.comLinkedIn11-50 employeesautomotive

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$2.6M

+6.6% from 2016

Total participants

-8.2% from 2016

Average account balance

$58,151

+18.7% from 2016

Annual return

8.04%

+3.54 pp from 2016

Benchmarks

See 7,913 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,913 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.39M

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

202.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$61K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+3.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3848

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 codes2E2G2J2F

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$84K

$1869 / participant

Other / not subdivided$84K100.0%

% of EOY assets

3.287%

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

$58,151

$53,127+9.5%

$86,597-32.8%

$70,131-17.1%

Participation rate

73.3%

65.3%+8.0pp

73.5%-0.2pp

69.5%+3.8pp

Annual return

8.04%

27.66%-19.6pp

964.96%-956.9pp

73.14%-65.1pp

Employer contribution / active EE

$2,068-100.0%

$2,840-100.0%

$2,342-100.0%

Participant deferral / active EE

$959

$2,696-64.4%

$3,609-73.4%

$3,332-71.2%

Admin fee / account holder

$1,911

$3,585-46.7%

$4,906-61.0%

$4,645-58.9%

HI-TECH EMERGENCY VEHICLE SERVICE, INC. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HI-TECH EMERGENCY VEHICLE SERVICE, INC. PROFIT SHARING 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