Retirement plan

AIR-SEA FORWARDERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: AIR-SEA FORWARDERS, INC. - AIR-SEA FORWARDERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2015) Form 5500
Creator: AIR-SEA FORWARDERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AIR-SEA FORWARDERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, AIR-SEA FORWARDERS, INC.

AIR-SEA FORWARDERS, INC.EIN 95-1748260Plan #002PY 2015

9009 LA CIENEGA BOULEVARD - INGLEWOOD, CA 90301310-216-1616airseainc.comLinkedIn51-200 employeeslogistics and supply chain

Other plans on this EIN

1 filing

#001Retirement-$3.8M assets

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$4.3M

No prior year

Total participants

No prior year

Average account balance

$50,040

No prior year

Annual return

75.92%

No prior year

Benchmarks

See 3,171 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,171 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.03M

Not enough data

1 years with asset history on file

Average account balance

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

$129K

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.

76.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-10.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4410

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 codes2A2P2Q

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.

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

$449

$7 / participant

Other / not subdivided$449100.0%

% of EOY assets

0.011%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CORBY AND CORBY AN ACCOUNTANCY CORP
Auditor EIN: 953899653
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,040

$44,850+11.6%

$60,547-17.4%

$59,633-16.1%

Participation rate

98.4%

59.5%+38.9pp

68.0%+30.5pp

68.7%+29.7pp

Annual return

75.92%

1074.14%-998.2pp

335.64%-259.7pp

2041.45%-1965.5pp

Employer contribution / active EE

$5,553

$1,462+279.9%

$2,419+129.5%

$2,203+152.1%

Participant deferral / active EE

$2,230-100.0%

$3,328-100.0%

$3,192-100.0%

Admin fee / account holder

$3,635-99.9%

$4,536-99.9%

$4,297-99.9%

AIR-SEA FORWARDERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AIR-SEA FORWARDERS, INC. EMPLOYEE STOCK OWNERSHIP 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