Retirement plan

ANDGAR RETIREMENT FUND

Name: ANDGAR CORPORATION - ANDGAR RETIREMENT FUND (2020) Form 5500
Creator: ANDGAR CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANDGAR RETIREMENT FUND, ANDGAR CORPORATION

ANDGAR CORPORATIONEIN 91-0898015Plan #001PY 2020

PO BOX 2708 - FERNDALE, WA 982482708360-366-9900

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.7M

+10.8% from 2019

Total participants

209

-0.9% from 2019

Average account balance

$55,929

+1.0% from 2019

Annual return

14.59%

+12.08 pp from 2019

Benchmarks

See 2,939 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,939 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.77M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

205

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.

59.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+27.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$421

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 4 by compensation

Provider	Service type	Compensation
AMERICAN REALTY ADVISORS5+ years Filed as: AMERICAN NORTHWEST ADVISORY SERVICE Service code 28 · EIN 91-1998294	Investment Management	$18,821
LARSON GROSS PLLC5+ years Filed as: LARSON GROSS, PLLC Service code 10 · EIN 91-1663574	Accounting	$10,000
AMERICAN REALTY ADVISORS2 years Filed as: AMERICAN NORTHWEST RPS Service code 15 · EIN 91-2165154	Recordkeeping	$7,987
BENEFIT TRUST CONPANY2 years Service code 19 · EIN 04-3581074	Securities Custodian	$4,826

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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

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

$62K

$405 / participant

Investment mgmt$39K63.0%
Other / not subdivided$23K37.0%

% of EOY assets

0.574%

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: LARSONGROSS PLLC
Auditor EIN: 911663574
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,929

$69,383-19.4%

$101,271-44.8%

$73,493-23.9%

Participation rate

88.8%

68.4%+20.4pp

75.8%+13.0pp

70.7%+18.1pp

Annual return

14.59%

18.46%-3.9pp

46.48%-31.9pp

28.51%-13.9pp

Employer contribution / active EE

$788

$2,628-70.0%

$3,660-78.5%

$2,270-65.3%

Participant deferral / active EE

$4,879

$3,301+47.8%

$4,371+11.6%

$3,740+30.5%

Admin fee / account holder

$321

$704-54.4%

$5,948-94.6%

$513-37.4%

Provider

Service type

Compensation

AMERICAN REALTY ADVISORS5+ years

Filed as: AMERICAN NORTHWEST ADVISORY SERVICE

Service code 28 · EIN 91-1998294

Investment Management

$18,821

LARSON GROSS PLLC5+ years

Filed as: LARSON GROSS, PLLC

Service code 10 · EIN 91-1663574

Accounting

$10,000

AMERICAN REALTY ADVISORS2 years

Filed as: AMERICAN NORTHWEST RPS

Service code 15 · EIN 91-2165154

Recordkeeping

$7,987

BENEFIT TRUST CONPANY2 years

Service code 19 · EIN 04-3581074

Securities Custodian

$4,826

ANDGAR RETIREMENT FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANDGAR RETIREMENT FUND

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