Retirement plan

ACCURUS AEROSPACE CORPORATION 401(K) PLAN

Name: ACCURUS AEROSPACE CORPORATION - ACCURUS AEROSPACE CORPORATION 401(K) PLAN (2017) Form 5500
Creator: ACCURUS AEROSPACE CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACCURUS AEROSPACE CORPORATION 401(K) PLAN, ACCURUS AEROSPACE CORPORATION

ACCURUS AEROSPACE CORPORATIONEIN 90-1000724Plan #001PY 2017

222 LAS COLINAS BLVD., SUITE 555E - IRVING, TX 75039469-317-6140accurusaero.comLinkedIn501-1000 employeesaviation & aerospace

Prospect flagsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$12M

+23.0% from 2016

Total participants

657

+19.5% from 2016

Average account balance

$24,042

+35.9% from 2016

Annual return

18.62%

+7.20 pp from 2016

Benchmarks

See 2,359 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,359 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.38M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

728

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.

92.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.33M

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

+11.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$246

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 7 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290	Contract Administrator	$101,831
KESTRA INVESTMENT SERVICES LLC1 year Filed as: KESTRA ADVISORY SERVICES LLC Service code 27	Advisory (Plan)	$26,322
AGGREGATE RETIREMENT SERVICES1 year Filed as: AGGREGATE RETIREMENT SOL Service code 13 · EIN 47-1910719	Contract Administrator	$23,716
SIDE BY SIDE FINANCIALS, INC.1 year Filed as: SIDE BY SIDE FINANCIALS INC Service code 13	Contract Administrator	$4,893
SIDE BY SIDE FINANCIALS, INC.1 year Filed as: SIDE BY SIDE FINANCIALS INC. Service code 13 · EIN 27-3232902	Contract Administrator	$4,237
KESTRA INVESTMENT SERVICES LLC2 years Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359	Advisory (Plan)	$0
WILSHIRE ASSOCIATES INCORPORATED3+ years Service code 27	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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.
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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$109K

$173 / participant

Contract admin$106K97.4%
Other / not subdivided$3K2.6%

% of EOY assets

0.910%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: PKF O'CONNOR DAVIES, LLP
Auditor EIN: 271728945
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,042

$69,305-65.3%

$82,313-70.8%

$69,631-65.5%

Participation rate

74.7%

80.3%-5.6pp

76.9%-2.2pp

70.7%+4.0pp

Annual return

18.62%

21.47%-2.9pp

25.88%-7.3pp

27571.02%-27552.4pp

Employer contribution / active EE

$1,049

$1,887-44.4%

$2,428-56.8%

$2,032-48.4%

Participant deferral / active EE

$2,145

$3,568-39.9%

$3,706-42.1%

$3,224-33.5%

Admin fee / account holder

$219

$97+125.1%

$5,608-96.1%

$110+98.1%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY3+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$101,831

KESTRA INVESTMENT SERVICES LLC1 year

Filed as: KESTRA ADVISORY SERVICES LLC

Service code 27

Advisory (Plan)

$26,322

AGGREGATE RETIREMENT SERVICES1 year

Filed as: AGGREGATE RETIREMENT SOL

Service code 13 · EIN 47-1910719

Contract Administrator

$23,716

SIDE BY SIDE FINANCIALS, INC.1 year

Filed as: SIDE BY SIDE FINANCIALS INC

Service code 13

Contract Administrator

$4,893

SIDE BY SIDE FINANCIALS, INC.1 year

Filed as: SIDE BY SIDE FINANCIALS INC.

Service code 13 · EIN 27-3232902

Contract Administrator

$4,237

KESTRA INVESTMENT SERVICES LLC2 years

Filed as: KESTRA ADVISORY SERVICES, LLC

Service code 27 · EIN 35-2552359

Advisory (Plan)

WILSHIRE ASSOCIATES INCORPORATED3+ years

Service code 27

Advisory (Plan)

ACCURUS AEROSPACE CORPORATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACCURUS AEROSPACE CORPORATION 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