Retirement plan

AERO CONTROLS, INC. 401K PROFIT SHARING PLAN

Name: AERO CONTROLS INC. - AERO CONTROLS, INC. 401K PROFIT SHARING PLAN (2016) Form 5500
Creator: AERO CONTROLS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AERO CONTROLS, INC. 401K PROFIT SHARING PLAN, AERO CONTROLS INC.

AERO CONTROLS INC.EIN 91-1272435Plan #001PY 2016

PO BOX 837 - AUBURN, WA 980013429253-269-3000aerocontrols.comLinkedIn51-200 employeesairlines/aviation

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$14.8M

No prior year

Total participants

164

No prior year

Average account balance

$101,419

No prior year

Annual return

9.40%

No prior year

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.61M

Not enough data

1 years with asset history on file

Average account balance

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

$117K

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.

133

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.

89.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$503K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+17.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$207

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
SPECTRUM PENSION CONSULTANTS, INC.1+ years Service code 12 · EIN 91-1035498	Claims processing; Participant commun...	$35,273
CONOVER CAPITAL MANAGEMENT1+ years Filed as: CONOVER SECURITIES CORP Service code 26 155 108TH AVE NE, SUITE 725 · BELLEVUE, WA 98004	Advisory (Participants)	$18,750
BRANTLEY JANSON YOST & ELLISON1+ years Service code 10 · EIN 91-0998786	Accounting	$9,876
JOHN HANCOCK LIFE INSURANCE COMPANY1+ years Filed as: JOHN F. THRONE & CO. Service code 23 601 UNION ST #4551 · SEATTLE, WA 98101	Insurance services	$365

Plan features & details

Pension benefit codes2E2F2J2K

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.
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.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$64K

$449 / participant

Other / not subdivided$64K100.0%

% of EOY assets

0.434%

all-in expense ratio

Categories reported

0 / 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: BRANTLEY JANSON YOST & ELLISON
Auditor EIN: 910998786
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$101,419

$60,165+68.6%

$74,184+36.7%

$55,167+83.8%

Participation rate

87.4%

74.2%+13.3pp

76.6%+10.8pp

69.0%+18.4pp

Annual return

9.40%

10.00%-0.6pp

17.74%-8.3pp

169.23%-159.8pp

Employer contribution / active EE

$150

$1,600-90.6%

$2,370-93.7%

$1,963-92.3%

Participant deferral / active EE

$3,358

$2,973+13.0%

$3,550-5.4%

$3,054+9.9%

Admin fee / account holder

$440

$419+5.0%

$5,586-92.1%

$504-12.6%

Provider

Service type

Compensation

SPECTRUM PENSION CONSULTANTS, INC.1+ years

Service code 12 · EIN 91-1035498

Claims processing; Participant commun...

$35,273

CONOVER CAPITAL MANAGEMENT1+ years

Filed as: CONOVER SECURITIES CORP

Service code 26

155 108TH AVE NE, SUITE 725 · BELLEVUE, WA 98004

Advisory (Participants)

$18,750

BRANTLEY JANSON YOST & ELLISON1+ years

Service code 10 · EIN 91-0998786

Accounting

$9,876

JOHN HANCOCK LIFE INSURANCE COMPANY1+ years

Filed as: JOHN F. THRONE & CO.

Service code 23

601 UNION ST #4551 · SEATTLE, WA 98101

Insurance services

$365

AERO CONTROLS, INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AERO CONTROLS, INC. 401K PROFIT SHARING 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