Retirement plan

EMPLOYEE PROFIT SHARING PLAN OF CONSERVE-A-WATT LIGHTING, INC.

Name: CONSERVE-A-WATT LIGHTING, INC. - EMPLOYEE PROFIT SHARING PLAN OF CONSERVE-A-WATT LIGHTING, INC. (2021) Form 5500
Creator: CONSERVE-A-WATT LIGHTING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE PROFIT SHARING PLAN OF CONSERVE-A-WATT LIGHTING, INC., CONSERVE-A-WATT LIGHTING, INC.

CONSERVE-A-WATT LIGHTING, INC.EIN 84-0809475Plan #001PY 2021

720 VALLEJO ST. - DENVER, CO 80204303-629-0066cawlighting.comLinkedIn1-10 employeeselectrical/electronic manufacturing

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$10.7M

+15.2% from 2020

Total participants

-2.5% from 2020

Average account balance

$281,372

+9.1% from 2020

Annual return

14.22%

+0.88 pp from 2020

Benchmarks

See 8,318 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort8,318 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-100.00%

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

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 codes2E2F2G2J3D

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

Expense breakdown

Schedule H Part II

Admin total

$173K

$7206 / participant

Other / not subdivided$173K100.0%

% of EOY assets

1.618%

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

$281,372

$127,296+121.0%

$109,907+156.0%

$167,536+67.9%

Participation rate

95.8%

77.9%+18.0pp

74.2%+21.6pp

82.1%+13.7pp

Annual return

14.22%

22.97%-8.8pp

29.46%-15.2pp

478.82%-464.6pp

Employer contribution / active EE

$4,167

$3,325+25.3%

$2,844+46.5%

$4,839-13.9%

Participant deferral / active EE

$4,585

$4,513+1.6%

$4,047+13.3%

$6,342-27.7%

Admin fee / account holder

$4,551

$7,119-36.1%

$6,069-25.0%

$12,315-63.0%

EMPLOYEE PROFIT SHARING PLAN OF CONSERVE-A-WATT LIGHTING, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE PROFIT SHARING PLAN OF CONSERVE-A-WATT LIGHTING, INC.

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