Retirement plan

AMPARO MEDICAL TECHNOLOGIES INC. 401(K) PROFIT SHARING PLAN & TRUST

Name: AMPARO MEDICAL TECHNOLOGIES INC. - AMPARO MEDICAL TECHNOLOGIES INC. 401(K) PROFIT SHARING PLAN & TRUST (2020) Form 5500
Creator: AMPARO MEDICAL TECHNOLOGIES INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMPARO MEDICAL TECHNOLOGIES INC. 401(K) PROFIT SHARING PLAN & TRUST, AMPARO MEDICAL TECHNOLOGIES INC.

AMPARO MEDICAL TECHNOLOGIES INC.EIN 90-0330098Plan #001PY 2020

911 VIA RODEO - PLACENTIA, CA 92870714-792-3871amparomedical.comLinkedIn11-50 employeesmedical devices

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$116K

+20.6% from 2019

Total participants

-20.0% from 2019

Average account balance

$38,652

+101.0% from 2019

Annual return

12.14%

-15.60 pp from 2019

Benchmarks

See 21,449 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,449 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$243K

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

50.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$48K

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

+14.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11003

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 codes2E2F2J3D

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).
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$24K

$6020 / participant

Other / not subdivided$24K100.0%

% of EOY assets

20.768%

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

$38,652

$112,121-65.5%

$95,960-59.7%

$158,966-75.7%

Participation rate

75.0%

79.0%-4.0pp

77.1%-2.1pp

82.0%-7.0pp

Annual return

12.14%

171.16%-159.0pp

91.63%-79.5pp

302.95%-290.8pp

Employer contribution / active EE

$1,776

$3,199-44.5%

$2,541-30.1%

$4,762-62.7%

Participant deferral / active EE

$6,239

$4,784+30.4%

$4,167+49.7%

$5,983+4.3%

Admin fee / account holder

$8,027

$10,135-20.8%

$6,797+18.1%

$11,250-28.6%

AMPARO MEDICAL TECHNOLOGIES INC. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMPARO MEDICAL TECHNOLOGIES INC. 401(K) PROFIT SHARING PLAN & 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