Retirement plan

OVERHEAD DOOR COMPANY OF PORTLAND, INC 401(K) SALARY REDU

Name: OVERHEAD DOOR COMPANY OF PORTLAN - OVERHEAD DOOR COMPANY OF PORTLAND, INC 401(K) SALARY REDU (2021) Form 5500
Creator: OVERHEAD DOOR COMPANY OF PORTLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OVERHEAD DOOR COMPANY OF PORTLAND, INC 401(K) SALARY REDU, OVERHEAD DOOR COMPANY OF PORTLAN

OVERHEAD DOOR COMPANY OF PORTLANEIN 93-0834544Plan #001PY 2021

4015 NW ST HELENS ROAD - PORTLAND, OR 97210503-252-5111overheaddoorpdx.comLinkedIn11-50 employeesconstruction

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.2M

+13.2% from 2020

Total participants

-11.5% from 2020

Average account balance

$56,502

+7.8% from 2020

Annual return

11.48%

-2.35 pp from 2020

Benchmarks

See 44,693 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort44,693 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$995K

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

141.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$237K

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

+8.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3446

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 codes2E2F2G2J2T3D

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$75K

$3732 / participant

Other / not subdivided$75K100.0%

% of EOY assets

6.291%

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

$56,502

$124,351-54.6%

$109,188-48.3%

$167,553-66.3%

Participation rate

90.0%

79.4%+10.6pp

75.9%+14.1pp

82.1%+7.9pp

Annual return

11.48%

26.04%-14.6pp

25.76%-14.3pp

478.89%-467.4pp

Employer contribution / active EE

$4,210-100.0%

$3,723-100.0%

$4,840-100.0%

Participant deferral / active EE

$4,202

$5,257-20.1%

$4,654-9.7%

$6,343-33.7%

Admin fee / account holder

$3,554

$7,975-55.4%

$6,755-47.4%

$12,316-71.1%

OVERHEAD DOOR COMPANY OF PORTLAND, INC 401(K) SALARY REDU

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OVERHEAD DOOR COMPANY OF PORTLAND, INC 401(K) SALARY REDU

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