Retirement plan

ELECTROIMPACT, INC. 401(K) PROFIT SHARING PLAN 401(K) PROFIT SHARING PLAN

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

ELECTROIMPACT, INC.EIN 91-1341557Plan #001PY 2016

4413 CHENNAULT BEACH ROAD - MUKILTEO, WA 98275425-348-8090electroimpact.comLinkedIn201-500 employeesindustrial automation

Prospect flagsHigh cash

How to read this page

Total assets (EOY)

$103.6M

+23.4% from 2015

Total participants

711

+13.8% from 2015

Average account balance

$154,160

+4.7% from 2015

Annual return

8.78%

+10.17 pp from 2015

Benchmarks

See 2,356 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,356 peers

Snapshot2016

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$178.43M

Not enough data

1 years with asset history on file

Average account balance

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

$322K

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.

555

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.

98.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.18M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+17.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$136

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
SPECTRUM PENSION CONSULTANTS, INC.2+ years Service code 15 · EIN 91-1035498	Recordkeeping	$35,641
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB & CO, INC Service code 19 · EIN 94-1737782	Securities Custodian	$17,231

Plan features & details

Pension benefit codes2E2G2J2K3D2R2F2T

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

1 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$56K

$91 / participant

Investment mgmt$3K5.9%
Other / not subdivided$53K94.1%

% of EOY assets

0.054%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: DWYER, PEMBERTON & COULSON, P.C.
Auditor EIN: 911503163
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$154,160

$63,905+141.2%

$74,183+107.8%

$57,658+167.4%

Participation rate

93.7%

79.8%+14.0pp

76.6%+17.1pp

70.2%+23.5pp

Annual return

8.78%

60.60%-51.8pp

17.74%-9.0pp

5.13%+3.6pp

Employer contribution / active EE

$14,708

$1,840+699.2%

$2,370+520.6%

$1,974+645.2%

Participant deferral / active EE

$7,449

$3,448+116.0%

$3,550+109.9%

$3,061+143.4%

Admin fee / account holder

$84

$91-8.2%

$5,586-98.5%

$95-11.5%

Provider

Service type

Compensation

SPECTRUM PENSION CONSULTANTS, INC.2+ years

Service code 15 · EIN 91-1035498

Recordkeeping

$35,641

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB & CO, INC

Service code 19 · EIN 94-1737782

Securities Custodian

$17,231

ELECTROIMPACT, INC. 401(K) PROFIT SHARING PLAN 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELECTROIMPACT, INC. 401(K) PROFIT SHARING PLAN 401(K) 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