Retirement plan

AMERICAN WOOD DRYERS, LLC 401(K) PROFIT SHARING PLAN 401(K)

Name: AMERICAN WOOD DRYERS, LLC - AMERICAN WOOD DRYERS, LLC 401(K) PROFIT SHARING PLAN 401(K) (2020) Form 5500
Creator: AMERICAN WOOD DRYERS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN WOOD DRYERS, LLC 401(K) PROFIT SHARING PLAN 401(K), AMERICAN WOOD DRYERS, LLC

AMERICAN WOOD DRYERS, LLCEIN 81-1805538Plan #001PY 2020

15495 SE FOR MOR CT - CLACKAMAS, OR 970159018503-655-1955LinkedIn1-10 employeespaper & forest products

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$444K

+18.8% from 2019

Total participants

-12.5% from 2019

Average account balance

$15,872

+14.5% from 2019

Annual return

11.89%

-12.46 pp from 2019

Benchmarks

See 8,254 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,254 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$519K

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

82.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$23K

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

+12.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8231

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 codes2E2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$31K

$1281 / participant

Other / not subdivided$31K100.0%

% of EOY assets

6.918%

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

$15,872

$118,695-86.6%

$98,916-84.0%

$158,950-90.0%

Participation rate

70.8%

77.8%-7.0pp

76.0%-5.2pp

82.0%-11.1pp

Annual return

11.89%

372.39%-360.5pp

196.45%-184.6pp

302.91%-291.0pp

Employer contribution / active EE

$3,333-100.0%

$2,689-100.0%

$4,762-100.0%

Participant deferral / active EE

$2,183

$5,088-57.1%

$4,245-48.6%

$5,983-63.5%

Admin fee / account holder

$1,098

$10,132-89.2%

$6,642-83.5%

$11,248-90.2%

AMERICAN WOOD DRYERS, LLC 401(K) PROFIT SHARING PLAN 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN WOOD DRYERS, LLC 401(K) PROFIT SHARING PLAN 401(K)

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