Retirement plan

HARLOW AERO GROUP LLC 401(K) PLAN AND TRUST

Name: HARLOW AERO GROUP LLC - HARLOW AERO GROUP LLC 401(K) PLAN AND TRUST (2023) Form 5500
Creator: HARLOW AERO GROUP LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HARLOW AERO GROUP LLC 401(K) PLAN AND TRUST, HARLOW AERO GROUP LLC

HARLOW AERO GROUP LLCEIN 88-0528296Plan #001PY 2023

1501 SOUTH MCLEAN BOULEVARD - WICHITA, KS 672134303316-265-5268

Prospect flagsLow assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$13.3M

+21.7% from 2022

Total participants

499

+13.7% from 2022

Average account balance

$30,983

+6.1% from 2022

Annual return

18.18%

+33.28 pp from 2022

Benchmarks

See 2,423 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,423 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.10M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

502

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

$2.12M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$70

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
MORGAN STANLEY SMITH BARNEY2+ years Service code 55 · EIN 26-4310632	Other Commissions	$44,861
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 37 · EIN 04-2647786	Loan Processing	$29,737

Plan features & details

Pension benefit codes2G2J2T2F3D

Plan features

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.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$30K

$88 / participant

Recordkeeping$30K100.0%

% of EOY assets

0.224%

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: KOCH SIEDHOFF HAND & DUNN, LLP
Auditor EIN: 480922808
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,983

$99,168-68.8%

$96,576-67.9%

$74,440-58.4%

Participation rate

79.2%

80.7%-1.4pp

76.0%+3.3pp

70.7%+8.5pp

Annual return

18.18%

22.40%-4.2pp

25.87%-7.7pp

34.37%-16.2pp

Employer contribution / active EE

$1,387

$2,570-46.0%

$2,965-53.2%

$2,638-47.4%

Participant deferral / active EE

$3,814

$4,936-22.7%

$4,851-21.4%

$4,529-15.8%

Admin fee / account holder

$69

$225-69.2%

$8,253-99.2%

$348-80.1%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY2+ years

Service code 55 · EIN 26-4310632

Other Commissions

$44,861

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 37 · EIN 04-2647786

Loan Processing

$29,737

HARLOW AERO GROUP LLC 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HARLOW AERO GROUP LLC 401(K) PLAN AND TRUST

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