Retirement plan

CONAIR LLC SAVINGS AND INVESTMENT PLAN

Name: CONAIR LLC - CONAIR LLC SAVINGS AND INVESTMENT PLAN (2024) Form 5500
Creator: CONAIR LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONAIR LLC SAVINGS AND INVESTMENT PLAN, CONAIR LLC

CONAIR LLCEIN 86-2493002Plan #001PY 2024

50 MILLSTONE RD. BLDG 100, SUITE 200 - EAST WINDSOR, NJ 08520609-426-1300conair.comLinkedIn1001-5000 employeesconsumer goods

Prospect flagsFailed to provide benefitCorrective distributions

How to read this page

Total assets (EOY)

$302.8M

+0.7% from 2023

Total participants

2,025

-2.8% from 2023

Average account balance

$154,185

+6.9% from 2023

Annual return

12.90%

-2.25 pp from 2023

Benchmarks

See 840 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort840 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$302.82M

Not enough data

1 years with asset history on file

Average account balance

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

$154K

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.

1,964

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.

95.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$16.76M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+12.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$174

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

See the 4-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 5 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL1 year Service code 37 · EIN 04-2647786	Loan Processing	$171,548
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524	Advisory (Plan)	$96,608
WISS & COMPANY, LLP1 year Filed as: WISS Service code 49 · EIN 22-1732349	Other Services	$38,000
UBS FINANCIAL SERVICES INC2 years Service code 27 · EIN 13-2638166	Advisory (Plan)	$30,488
IRIS BASHI ASSOCIATES LLC1 year Service code 16 · EIN 22-3510118	Consulting	$5,900

Plan features & details

Pension benefit codes2A2E2H2O2Q2S2T3B3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
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

ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$343K

$278 / participant

Recordkeeping$170K49.8%
Investment mgmt$97K28.2%
Contract admin$6000.2%
Other / not subdivided$75K21.9%

% of EOY assets

0.113%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: WEAVER AND TIDWELL LLP
Auditor EIN: 750786316
Audit fees: $0
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$154,185

$110,299+39.8%

$102,423+50.5%

$199,593-22.7%

Participation rate

95.0%

86.3%+8.8pp

76.5%+18.6pp

72.0%+23.1pp

Annual return

12.90%

35.73%-22.8pp

29.32%-16.4pp

34.25%-21.4pp

Employer contribution / active EE

$5,431

$3,603+50.7%

$3,023+79.6%

$3,034+79.0%

Participant deferral / active EE

$8,175

$6,376+28.2%

$5,053+61.8%

$5,087+60.7%

Admin fee / account holder

$174

$122+42.6%

$9,451-98.2%

$269-35.1%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Service code 37 · EIN 04-2647786

Loan Processing

$171,548

STRATEGIC ADVISORS, INC.1 year

Service code 27 · EIN 04-2654524

Advisory (Plan)

$96,608

WISS & COMPANY, LLP1 year

Filed as: WISS

Service code 49 · EIN 22-1732349

Other Services

$38,000

UBS FINANCIAL SERVICES INC2 years

Service code 27 · EIN 13-2638166

Advisory (Plan)

$30,488

IRIS BASHI ASSOCIATES LLC1 year

Service code 16 · EIN 22-3510118

Consulting

$5,900

CONAIR LLC SAVINGS AND INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONAIR LLC SAVINGS AND INVESTMENT 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