Retirement plan

SPACE AGE FUEL, INC. PROFIT SHARING 401(K) PLAN

Name: SPACE AGE FUEL, INC. - SPACE AGE FUEL, INC. PROFIT SHARING 401(K) PLAN (2023) Form 5500
Creator: SPACE AGE FUEL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPACE AGE FUEL, INC. PROFIT SHARING 401(K) PLAN, SPACE AGE FUEL, INC.

SPACE AGE FUEL, INC.EIN 93-0806811Plan #001PY 2023

P.O. BOX 1429 - CLACKAMAS, OR 97015503-212-3900

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$5.1M

+13.8% from 2022

Total participants

176

+30.4% from 2022

Average account balance

$43,814

+22.6% from 2022

Annual return

16.91%

+31.77 pp from 2022

Benchmarks

See 2,285 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,285 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.18M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

191

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.

55.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+15.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$309

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 2 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC9+ years Service code 99 · EIN 13-2638166	Other Fees	$45,660
ASCENSUS LLC1 year Filed as: ASCENSUS Service code 49 C/O FUTURE PLAN PO BOX 734602 · CHICAGO, IL 60673	Other Services	$33,686

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$31K

$205 / participant

Contract admin$31K100.0%

% of EOY assets

0.612%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ANDERS MINKLER HUBER & HELM LLP
Auditor EIN: 430831507
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,814

$54,717-19.9%

$86,216-49.2%

$71,511-38.7%

Participation rate

61.4%

60.1%+1.3pp

69.0%-7.5pp

67.9%-6.5pp

Annual return

16.91%

20.07%-3.2pp

1169.42%-1152.5pp

28.86%-11.9pp

Employer contribution / active EE

$1,267-100.0%

$2,382-100.0%

$2,589-100.0%

Participant deferral / active EE

$2,708

$3,110-12.9%

$3,986-32.1%

$4,291-36.9%

Admin fee / account holder

$268

$1,922-86.0%

$6,853-96.1%

$1,588-83.1%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC9+ years

Service code 99 · EIN 13-2638166

Other Fees

$45,660

ASCENSUS LLC1 year

Filed as: ASCENSUS

Service code 49

C/O FUTURE PLAN PO BOX 734602 · CHICAGO, IL 60673

Other Services

$33,686

SPACE AGE FUEL, INC. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPACE AGE FUEL, INC. PROFIT SHARING 401(K) 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