Retirement plan

FEET FIRST ORTHOTIC LAB 401(K) PLAN

Name: FEET FIRST ORTHOTIC LAB - FEET FIRST ORTHOTIC LAB 401(K) PLAN (2020) Form 5500
Creator: FEET FIRST ORTHOTIC LAB
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FEET FIRST ORTHOTIC LAB 401(K) PLAN, FEET FIRST ORTHOTIC LAB

FEET FIRST ORTHOTIC LABEIN 83-0444320Plan #001PY 2020

1007 PARK AVE. - PROSPECT, OH 43342740-494-2007

Prospect flagsLow participationLow assets / participant

How to read this page

Total assets (EOY)

$240K

+157.2% from 2019

Total participants

+10.0% from 2019

Average account balance

$17,111

+175.6% from 2019

Annual return

35.24%

+7.95 pp from 2019

Benchmarks

See 21,446 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,446 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$501K

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

81.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$31K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+12.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1243

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 codes2E2F2G2J2T3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$4K

$187 / participant

Other / not subdivided$4K100.0%

% of EOY assets

1.480%

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

$17,111

$112,131-84.7%

$95,964-82.2%

$158,982-89.2%

Participation rate

57.9%

79.0%-21.1pp

77.1%-19.2pp

82.0%-24.1pp

Annual return

35.24%

171.19%-136.0pp

91.64%-56.4pp

302.99%-267.8pp

Employer contribution / active EE

$3,788

$3,199+18.4%

$2,541+49.0%

$4,763-20.5%

Participant deferral / active EE

$2,345

$4,784-51.0%

$4,167-43.7%

$5,983-60.8%

Admin fee / account holder

$253

$10,136-97.5%

$6,797-96.3%

$11,252-97.7%

FEET FIRST ORTHOTIC LAB 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FEET FIRST ORTHOTIC LAB 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