Retirement plan

NAURA AKRION, INC. 401(K) PLAN

Name: NAURA AKRION, INC. - NAURA AKRION, INC. 401(K) PLAN (2021) Form 5500
Creator: NAURA AKRION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NAURA AKRION, INC. 401(K) PLAN, NAURA AKRION, INC.

NAURA AKRION, INC.EIN 82-2774740Plan #001PY 2021

6330 HEDGEWOOD DRIVE, SUITE 150 - ALLENTOWN, PA 18106610-391-9200akriontech.comLinkedIn51-200 employeessemiconductors

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$19.9M

+13.8% from 2020

Total participants

159

+1.3% from 2020

Average account balance

$133,637

+14.6% from 2020

Annual return

15.76%

+3.05 pp from 2020

Benchmarks

See 4,054 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,054 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.70M

Not enough data

1 years with asset history on file

Average account balance

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

$130K

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.

128

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.

90.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$727K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$321

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381	Advisory (Participants)	$5,131
VALLEY FORGE INVESTMENT CONSULTANTS3 years Filed as: VALLEY FORGE PENSION MANAGEMENT Service code 49 · EIN 71-0294708	Other Services	$3,925
VOYA RETIREMENT INSURANCE & ANNUITY3 years Service code 26 · EIN 71-0294708	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D3H

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$18K

$163 / participant

Other / not subdivided$18K100.0%

% of EOY assets

0.091%

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: MAILLIE LLP
Auditor EIN: 231518888
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$133,637

$84,936+57.3%

$111,303+20.1%

$79,393+68.3%

Participation rate

91.1%

75.9%+15.2pp

77.3%+13.8pp

70.7%+20.4pp

Annual return

15.76%

17.45%-1.7pp

54.66%-38.9pp

116.87%-101.1pp

Employer contribution / active EE

$1,395

$1,979-29.5%

$2,731-48.9%

$2,428-42.5%

Participant deferral / active EE

$7,061

$3,888+81.6%

$4,487+57.4%

$4,046+74.5%

Admin fee / account holder

$122

$537-77.3%

$7,966-98.5%

$627-80.5%

Provider

Service type

Compensation

MORNINGSTAR1 year

Filed as: MORNINGSTAR INVESTMENT MANAGEMENT

Service code 26 · EIN 36-4317381

Advisory (Participants)

$5,131

VALLEY FORGE INVESTMENT CONSULTANTS3 years

Filed as: VALLEY FORGE PENSION MANAGEMENT

Service code 49 · EIN 71-0294708

Other Services

$3,925

VOYA RETIREMENT INSURANCE & ANNUITY3 years

Service code 26 · EIN 71-0294708

Advisory (Participants)

NAURA AKRION, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NAURA AKRION, INC. 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