Retirement plan

REED ELECTRIC CO PROFIT SHARING AND 401K SAVINGS AND INVESTMENT PLAN

Name: REED ELECTRIC COMPANY - REED ELECTRIC CO PROFIT SHARING AND 401K SAVINGS AND INVESTMENT PLAN (2018) Form 5500
Creator: REED ELECTRIC COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, REED ELECTRIC CO PROFIT SHARING AND 401K SAVINGS AND INVESTMENT PLAN, REED ELECTRIC COMPANY

REED ELECTRIC COMPANYEIN 93-0497440Plan #001PY 2018

P. O. BOX 10303 - PORTLAND, OR 97210503-223-8191

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$424K

+7.6% from 2017

Total participants

-7.4% from 2017

Average account balance

$19,294

+2.8% from 2017

Annual return

4.18%

-2.99 pp from 2017

Benchmarks

See 33,726 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort33,726 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$392K

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

136.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$41K

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

+12.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1299

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$54K

$2593 / participant

Other / not subdivided$54K100.0%

% of EOY assets

12.826%

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

$19,294

$90,607-78.7%

$79,467-75.7%

$135,380-85.7%

Participation rate

85.7%

76.0%+9.7pp

73.3%+12.4pp

82.6%+3.1pp

Annual return

4.18%

977.74%-973.6pp

718.30%-714.1pp

519.81%-515.6pp

Employer contribution / active EE

$1,429

$3,068-53.4%

$2,800-49.0%

$4,779-70.1%

Participant deferral / active EE

$1,792

$4,050-55.8%

$3,704-51.6%

$5,609-68.0%

Admin fee / account holder

$2,475

$5,895-58.0%

$5,104-51.5%

$10,828-77.1%

REED ELECTRIC CO PROFIT SHARING AND 401K SAVINGS AND INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

REED ELECTRIC CO PROFIT SHARING AND 401K SAVINGS AND INVESTMENT 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