Retirement plan

EMPLOYEE BENEFIT PLAN OF WRIGHT AIR SERVICE INC

Name: WRIGHT AIR SERVICE INC - EMPLOYEE BENEFIT PLAN OF WRIGHT AIR SERVICE INC (2017) Form 5500
Creator: WRIGHT AIR SERVICE INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF WRIGHT AIR SERVICE INC, WRIGHT AIR SERVICE INC

WRIGHT AIR SERVICE INCEIN 92-0039172Plan #001PY 2017

3842 UNIVERSITY AVE S - FAIRBANKS, AK 997094660907-474-0542

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.6M

+29.0% from 2016

Total participants

+10.5% from 2016

Average account balance

$80,055

+16.8% from 2016

Annual return

13.15%

+4.44 pp from 2016

Benchmarks

See 3,497 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,497 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.92M

Not enough data

1 years with asset history on file

Average account balance

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

$182K

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.

178.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+11.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$23154

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2S2T2E3D2G

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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 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

$98K

$1489 / participant

Other / not subdivided$98K100.0%

% of EOY assets

1.292%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$80,055

$52,580+52.3%

$71,671+11.7%

$70,124+14.2%

Participation rate

100.0%

60.9%+39.1pp

68.7%+31.3pp

69.5%+30.5pp

Annual return

13.15%

20.25%-7.1pp

20.65%-7.5pp

73.14%-60.0pp

Employer contribution / active EE

$11,893

$1,616+636.0%

$2,460+383.5%

$2,342+407.7%

Participant deferral / active EE

$3,792

$2,386+58.9%

$3,438+10.3%

$3,332+13.8%

Admin fee / account holder

$1,035

$3,653-71.7%

$5,558-81.4%

$4,645-77.7%

EMPLOYEE BENEFIT PLAN OF WRIGHT AIR SERVICE INC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF WRIGHT AIR SERVICE INC

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