Retirement plan

IE ENGINEERING, INC. 401K PROFIT SHARING PROTOTYPE

Name: IE ENGINEERING, INC. - IE ENGINEERING, INC. 401K PROFIT SHARING PROTOTYPE (2020) Form 5500
Creator: IE ENGINEERING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IE ENGINEERING, INC. 401K PROFIT SHARING PROTOTYPE, IE ENGINEERING, INC.

IE ENGINEERING, INC.EIN 93-1043041Plan #001PY 2020

P O BOX 1271 - ROSEBURG, OR 97470541-673-0166

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$2.4M

+30.9% from 2019

Total participants

+26.1% from 2019

Average account balance

$87,320

+7.6% from 2019

Annual return

21.76%

+12.06 pp from 2019

Benchmarks

See 26,423 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,423 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.91M

Not enough data

1 years with asset history on file

Average account balance

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

$104K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$183K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+22.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10291

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 codes2E2J2T3D

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.
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

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

$2K

$86 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.099%

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

$87,320

$98,760-11.6%

$149,715-41.7%

$79,858+9.3%

Participation rate

96.4%

75.8%+20.6pp

82.5%+14.0pp

69.6%+26.8pp

Annual return

21.76%

27.43%-5.7pp

276.66%-254.9pp

31.72%-10.0pp

Employer contribution / active EE

$2,143

$3,217-33.4%

$4,645-53.9%

$2,471-13.3%

Participant deferral / active EE

$4,056

$5,681-28.6%

$6,842-40.7%

$3,740+8.5%

Admin fee / account holder

$86

$6,053-98.6%

$9,310-99.1%

$5,306-98.4%

IE ENGINEERING, INC. 401K PROFIT SHARING PROTOTYPE

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IE ENGINEERING, INC. 401K PROFIT SHARING PROTOTYPE

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