Retirement plan

LEEMAH ELECTRONICS PROFIT SHARING 401(K) PLAN

Name: LEEMAH ELECTRONICS, INC. - LEEMAH ELECTRONICS PROFIT SHARING 401(K) PLAN (2018) Form 5500
Creator: LEEMAH ELECTRONICS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEEMAH ELECTRONICS PROFIT SHARING 401(K) PLAN, LEEMAH ELECTRONICS, INC.

LEEMAH ELECTRONICS, INC.EIN 94-2985835Plan #001PY 2018

155 SOUTH HILL DRIVE - BRISBANE, CA 94005415-394-1288leemah.comLinkedIn501-1000 employeeselectrical/electronic manufacturing

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$12.2M

+11.6% from 2017

Total participants

378

+4.7% from 2017

Average account balance

$53,600

+3.8% from 2017

Annual return

9.75%

-1.03 pp from 2017

Benchmarks

See 2,409 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,409 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.86M

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

238

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.

59.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.14M

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

+5.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$287

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 1 by compensation

Provider	Service type	Compensation
LPL FINANCIAL2+ years Service code 26 · EIN 04-3046611	Advisory (Participants)	$34,391

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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$38K

$110 / participant

Contract admin$38K100.0%

% of EOY assets

0.307%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: LOUIE & WONG
Auditor EIN: 912007579
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,600

$65,118-17.7%

$76,766-30.2%

$55,725-3.8%

Participation rate

55.9%

79.6%-23.7pp

77.0%-21.1pp

70.9%-15.0pp

Annual return

9.75%

-1.27%+11.0pp

2.43%+7.3pp

244.93%-235.2pp

Employer contribution / active EE

$167

$1,941-91.4%

$2,485-93.3%

$2,078-92.0%

Participant deferral / active EE

$1,864

$3,688-49.5%

$3,851-51.6%

$3,356-44.4%

Admin fee / account holder

$165

$116+42.1%

$6,675-97.5%

$115+43.0%

Provider

Service type

Compensation

LPL FINANCIAL2+ years

Service code 26 · EIN 04-3046611

Advisory (Participants)

$34,391

LEEMAH ELECTRONICS PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEEMAH ELECTRONICS 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