Retirement plan

ALLIED RESOURCES GROUP 401(K) PLAN

Name: ALLIED RESOURCES GROUP LLC - ALLIED RESOURCES GROUP 401(K) PLAN (2022) Form 5500
Creator: ALLIED RESOURCES GROUP LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALLIED RESOURCES GROUP 401(K) PLAN, ALLIED RESOURCES GROUP LLC

ALLIED RESOURCES GROUP LLCEIN 84-3908414Plan #001PY 2022

135 DOWLIN FORGE RD - EXTON, PA 19341610-423-4609argroupllc.comLinkedIn11-50 employeesexecutive office

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$9.9M

No prior year

Total participants

708

No prior year

Average account balance

$31,408

No prior year

Annual return

-6.63%

No prior year

Benchmarks

See 780 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort780 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.03M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

388

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.

50.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.08M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+34.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$266

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 2 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION1+ years Service code 13 · EIN 35-1140070	Contract Administrator	$62,908
M2B RETIREMENT CONSULTING LLC1+ years Filed as: M2B RETIREMENT CONSULTING, LLC Service code 15 · EIN 81-3989034	Recordkeeping	$2,700

Plan features & details

Pension benefit codes2T2E2J2K2F2G3D3H

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.
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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$66K

$110 / participant

Investment mgmt$66K100.0%

% of EOY assets

0.663%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: JOSEPH J LYONS, P.C.
Auditor EIN: 453999671
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,408

$34,634-9.3%

$77,096-59.3%

$64,819-51.5%

Participation rate

34.4%

49.8%-15.4pp

67.9%-33.5pp

71.5%-37.1pp

Annual return

-6.63%

-5.31%-1.3pp

42.35%-49.0pp

32.84%-39.5pp

Employer contribution / active EE

$1,463

$1,385+5.6%

$2,814-48.0%

$2,507-41.7%

Participant deferral / active EE

$3,510

$2,553+37.5%

$4,429-20.8%

$4,311-18.6%

Admin fee / account holder

$208

$178+16.8%

$5,428-96.2%

$188+10.9%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION1+ years

Service code 13 · EIN 35-1140070

Contract Administrator

$62,908

M2B RETIREMENT CONSULTING LLC1+ years

Filed as: M2B RETIREMENT CONSULTING, LLC

Service code 15 · EIN 81-3989034

Recordkeeping

$2,700

ALLIED RESOURCES GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALLIED RESOURCES GROUP 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