Retirement plan

LASER COMPONENTS USA, INC. 401(K) PLAN

Name: LASER COMPONENTS USA, INC. - LASER COMPONENTS USA, INC. 401(K) PLAN (2018) Form 5500
Creator: LASER COMPONENTS USA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LASER COMPONENTS USA, INC. 401(K) PLAN, LASER COMPONENTS USA, INC.

LASER COMPONENTS USA, INC.EIN 94-3358833Plan #001PY 2018

116 SOUTH RIVER ROAD, BUILDING C - BEDFORD, NH 03110603-821-7040laser-components.comLinkedIn11-50 employeeselectrical/electronic manufacturing

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$876K

+2.6% from 2017

Total participants

+15.4% from 2017

Average account balance

$62,569

-12.1% from 2017

Annual return

-10.38%

-29.85 pp from 2017

Benchmarks

See 21,281 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,281 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.95M

Not enough data

1 years with asset history on file

Average account balance

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

$98K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$146K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+12.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3761

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

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

$62,569

$92,219-32.2%

$76,767-18.5%

$135,380-53.8%

Participation rate

92.9%

79.8%+13.1pp

77.0%+15.9pp

82.6%+10.2pp

Annual return

-10.38%

5.46%-15.8pp

2.43%-12.8pp

519.81%-530.2pp

Employer contribution / active EE

$3,298

$3,216+2.5%

$2,485+32.7%

$4,779-31.0%

Participant deferral / active EE

$4,603

$4,508+2.1%

$3,852+19.5%

$5,609-17.9%

Admin fee / account holder

$10,749-100.0%

$6,675-100.0%

$10,828-100.0%

LASER COMPONENTS USA, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

LASER COMPONENTS USA, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion