Retirement plan

ADVANCED MATERIALS JOINING CORP 401(K) PROFIT SHARING PLAN

Name: ADVANCED MATERIALS JOINING CORPORATION DBA ADVANCED TECHNOLO - ADVANCED MATERIALS JOINING CORP 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: ADVANCED MATERIALS JOINING CORPORATION DBA ADVANCED TECHNOLO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADVANCED MATERIALS JOINING CORP 401(K) PROFIT SHARING PLAN, ADVANCED MATERIALS JOINING CORPORATION DBA ADVANCED TECHNOLO

ADVANCED MATERIALS JOINING CORPORATION DBA ADVANCED TECHNOLOEIN 95-2831837Plan #002PY 2022

2858 E. WALNUT STREET - PASADENA, CA 911073755626-449-2696LinkedIn1-10 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.2M

-8.9% from 2021

Total participants

+13.1% from 2021

Average account balance

$77,199

-19.8% from 2021

Annual return

-15.10%

-39.20 pp from 2021

Benchmarks

See 14,494 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,494 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.43M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

130.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$400K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1787

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 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

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

$55K

$1136 / participant

Other / not subdivided$55K100.0%

% of EOY assets

1.054%

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

$77,199

$71,878+7.4%

$86,698-11.0%

$68,486+12.7%

Participation rate

95.8%

72.2%+23.6pp

76.6%+19.2pp

67.9%+27.9pp

Annual return

-15.10%

3.53%-18.6pp

35.95%-51.1pp

-7.85%-7.2pp

Employer contribution / active EE

$882

$2,173-59.4%

$2,837-68.9%

$2,597-66.0%

Participant deferral / active EE

$6,869

$3,779+81.8%

$4,656+47.5%

$4,028+70.6%

Admin fee / account holder

$814

$6,113-86.7%

$7,493-89.1%

$5,404-84.9%

ADVANCED MATERIALS JOINING CORP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADVANCED MATERIALS JOINING CORP 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