Retirement plan

EMPLOYEE BENEFIT PLAN OF ALLEN TEL PRODUCTS, INC.

Name: ALLEN TEL PRODUCTS, INC. - EMPLOYEE BENEFIT PLAN OF ALLEN TEL PRODUCTS, INC. (2020) Form 5500
Creator: ALLEN TEL PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF ALLEN TEL PRODUCTS, INC., ALLEN TEL PRODUCTS, INC.

ALLEN TEL PRODUCTS, INC.EIN 95-2122103Plan #002PY 2020

30 TV 5 DR - HENDERSON, NV 890142332702-855-5700allentel.comLinkedIn1-10 employeeselectrical/electronic manufacturing

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.7M

+20.6% from 2019

Total participants

0.0% from 2019

Average account balance

$158,711

+20.6% from 2019

Annual return

15.38%

-8.66 pp from 2019

Benchmarks

See 3,013 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort3,013 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.10M

Not enough data

1 years with asset history on file

Average account balance

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

$197K

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.

105.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$370K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+9.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9415

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 codes2F2G2T

Plan features

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.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$63K

$2177 / participant

Other / not subdivided$63K100.0%

% of EOY assets

1.105%

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

$158,711

$70,486+125.2%

$100,535+57.9%

$79,856+98.7%

Participation rate

100.0%

73.6%+26.4pp

79.4%+20.6pp

69.6%+30.4pp

Annual return

15.38%

21.90%-6.5pp

30.90%-15.5pp

31.71%-16.3pp

Employer contribution / active EE

$3,021

$2,165+39.6%

$3,419-11.6%

$2,471+22.2%

Participant deferral / active EE

$7,687

$5,182+48.4%

$6,271+22.6%

$3,741+105.5%

Admin fee / account holder

$1,754

$4,480-60.9%

$8,085-78.3%

$5,306-66.9%

EMPLOYEE BENEFIT PLAN OF ALLEN TEL PRODUCTS, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF ALLEN TEL PRODUCTS, INC.

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