Retirement plan

ALPERT & ALPERT IRON & METAL, INC. 401(K) & PROFIT SHARING PLAN

Name: ALPERT & ALPERT IRON & METAL, INC. - ALPERT & ALPERT IRON & METAL, INC. 401(K) & PROFIT SHARING PLAN (2016) Form 5500
Creator: ALPERT & ALPERT IRON & METAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALPERT & ALPERT IRON & METAL, INC. 401(K) & PROFIT SHARING PLAN, ALPERT & ALPERT IRON & METAL, INC.

ALPERT & ALPERT IRON & METAL, INC.EIN 95-1860560Plan #001PY 2016

1815 SOUTH SOTO STREET - LOS ANGELES, CA 90023323-265-4040alpertandalpert.comLinkedIn501-1000 employeesmining & metals

Other plans on this EIN

2 filings

#006Retirement-$507K assets #004Retirement-$402K assets

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$16.3M

No prior year

Total participants

109

No prior year

Average account balance

$158,629

No prior year

Annual return

6.61%

No prior year

Benchmarks

See 15,089 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort15,089 peers

Snapshot2016

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$18.29M

Not enough data

1 years with asset history on file

Average account balance

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

$208K

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.

141.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$174K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1097

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
FIRST REPUBLIC INVESTMENT MGMT1+ years Filed as: FIRST REPUBLIC PRIVATE WEALTH MANAG Service code 26 947 SW BROADWAY · PORTLAND, OR 97205	Advisory (Participants)	$73,442
NORTH AMERICAN KTRADE ALLIANCE, LLC1+ years Service code 15 · EIN 32-0169227	Recordkeeping	$22,467

Plan features & details

Pension benefit codes2A2E2F2H2J2T3D3H

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).
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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$105K

$1307 / participant

Investment mgmt$103K98.8%
Other / not subdivided$1K1.2%

% of EOY assets

0.640%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WINDES, INC.
Auditor EIN: 953001179
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$158,629

$60,349+162.9%

$74,183+113.8%

$62,891+152.2%

Participation rate

92.5%

72.7%+19.8pp

76.6%+15.9pp

69.3%+23.2pp

Annual return

6.61%

21.37%-14.8pp

17.74%-11.1pp

20.14%-13.5pp

Employer contribution / active EE

$1,875

$1,680+11.6%

$2,370-20.9%

$2,281-17.8%

Participant deferral / active EE

$3,833

$2,856+34.2%

$3,550+8.0%

$3,203+19.7%

Admin fee / account holder

$1,015

$4,261-76.2%

$5,586-81.8%

$4,296-76.4%

Provider

Service type

Compensation

FIRST REPUBLIC INVESTMENT MGMT1+ years

Filed as: FIRST REPUBLIC PRIVATE WEALTH MANAG

Service code 26

947 SW BROADWAY · PORTLAND, OR 97205

Advisory (Participants)

$73,442

NORTH AMERICAN KTRADE ALLIANCE, LLC1+ years

Service code 15 · EIN 32-0169227

Recordkeeping

$22,467

ALPERT & ALPERT IRON & METAL, INC. 401(K) & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALPERT & ALPERT IRON & METAL, INC. 401(K) & PROFIT SHARING 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