Retirement plan

ARCTIC OFFICE PRODUCTS 401(K) SAVINGS PLAN

Name: ARCTIC OFFICE MACHINE, INC. - ARCTIC OFFICE PRODUCTS 401(K) SAVINGS PLAN (2016) Form 5500
Creator: ARCTIC OFFICE MACHINE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARCTIC OFFICE PRODUCTS 401(K) SAVINGS PLAN, ARCTIC OFFICE MACHINE, INC.

ARCTIC OFFICE MACHINE, INC.EIN 92-0019909Plan #002PY 2016

100 WEST FIREWEED LANE - ANCHORAGE, AK 995032604907-276-2322

Other plans on this EIN

1 filing

#001Retirement-$5.5M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$10M

+4.3% from 2015

Total participants

106

-13.1% from 2015

Average account balance

$121,867

+24.7% from 2015

Annual return

5.35%

+5.35 pp from 2015

Benchmarks

See 2,077 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort2,077 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.84M

Not enough data

1 years with asset history on file

Average account balance

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

$215K

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.

103.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$618K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+9.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$32134

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

Top 3 by compensation

Provider	Service type	Compensation
SWALLING & ASSOCIATES1 year Filed as: SWALLING & ASSOCIATES, P.C. Service code 10 3201 C STREET, · ANCHORAGE, AK 99503	Accounting	$10,392
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: ADVISED ASSET GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$6,082
UNITED RETIREMENT INC1 year Service code 13 4000 CRUMS MILL ROAD · HARRISBURG, PA 17112	Contract Administrator	$5,902

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$13K

$149 / participant

Other / not subdivided$13K100.0%

% of EOY assets

0.131%

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: SWALLING & ASSOCIATES, CPA'S
Auditor EIN: 920138439
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$121,867

$49,025+148.6%

$87,502+39.3%

$62,881+93.8%

Participation rate

72.7%

64.9%+7.8pp

73.8%-1.1pp

69.3%+3.4pp

Annual return

5.35%

10.02%-4.7pp

12.21%-6.9pp

20.14%-14.8pp

Employer contribution / active EE

$2,217

$1,372+61.6%

$2,550-13.0%

$2,281-2.8%

Participant deferral / active EE

$4,995

$2,289+118.2%

$3,149+58.6%

$3,203+56.0%

Admin fee / account holder

$160

$4,065-96.1%

$4,221-96.2%

$4,296-96.3%

Provider

Service type

Compensation

SWALLING & ASSOCIATES1 year

Filed as: SWALLING & ASSOCIATES, P.C.

Service code 10

3201 C STREET, · ANCHORAGE, AK 99503

Accounting

$10,392

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: ADVISED ASSET GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$6,082

UNITED RETIREMENT INC1 year

Service code 13

4000 CRUMS MILL ROAD · HARRISBURG, PA 17112

Contract Administrator

$5,902

ARCTIC OFFICE PRODUCTS 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARCTIC OFFICE PRODUCTS 401(K) SAVINGS 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