Retirement plan

AAA FLAG & BANNER MFG. CO., INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: AAA FLAG & BANNER MFG. CO., INC. - AAA FLAG & BANNER MFG. CO., INC. 401(K) PROFIT SHARING PLAN AND TRUST (2021) Form 5500
Creator: AAA FLAG & BANNER MFG. CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AAA FLAG & BANNER MFG. CO., INC. 401(K) PROFIT SHARING PLAN AND TRUST, AAA FLAG & BANNER MFG. CO., INC.

AAA FLAG & BANNER MFG. CO., INC.EIN 95-2921050Plan #002PY 2021

8955 NATIONAL BLVD. - LOS ANGELES, CA 90034310-836-3341LinkedIn1-10 employees

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$4.9M

+15.0% from 2020

Total participants

179

-3.8% from 2020

Average account balance

$43,034

+20.1% from 2020

Annual return

16.84%

+7.48 pp from 2020

Benchmarks

See 452 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort452 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.56M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

59.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$393K

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

+9.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6218

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

Top 5 by compensation

Provider	Service type	Compensation
ASCENSUS LLC1 year Filed as: FUTUREPLAN Service code 49 · EIN 95-2921050	Other Services	$8,315
LEE CPA AUDIT GROUP1 year Filed as: LEE CPA GROUP Service code 10 · EIN 95-2921050	Accounting	$8,315
ASCENSUS LLC1 year Filed as: ASCENSUS Service code 49 · EIN 82-3719843	Other Services	$2,158
MORNINGSTAR7+ years Service code 27	Advisory (Plan)	$702
MORGAN STANLEY SMITH BARNEY7+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 27 · EIN 51-0116113	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$10K

$76 / participant

Other / not subdivided$10K100.0%

% of EOY assets

0.212%

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: LEE CPA AUDIT GROUP
Auditor EIN: 814637885
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,034

$60,488-28.9%

$109,916-60.8%

$79,389-45.8%

Participation rate

51.5%

67.0%-15.6pp

74.2%-22.8pp

70.7%-19.2pp

Annual return

16.84%

189.57%-172.7pp

29.46%-12.6pp

116.89%-100.1pp

Employer contribution / active EE

$1,649-100.0%

$2,844-100.0%

$2,428-100.0%

Participant deferral / active EE

$999

$3,220-69.0%

$4,047-75.3%

$4,046-75.3%

Admin fee / account holder

$91

$605-84.9%

$6,069-98.5%

$626-85.4%

Provider

Service type

Compensation

ASCENSUS LLC1 year

Filed as: FUTUREPLAN

Service code 49 · EIN 95-2921050

Other Services

$8,315

LEE CPA AUDIT GROUP1 year

Filed as: LEE CPA GROUP

Service code 10 · EIN 95-2921050

Accounting

$8,315

ASCENSUS LLC1 year

Filed as: ASCENSUS

Service code 49 · EIN 82-3719843

Other Services

$2,158

MORNINGSTAR7+ years

Service code 27

Advisory (Plan)

$702

MORGAN STANLEY SMITH BARNEY7+ years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 27 · EIN 51-0116113

Advisory (Plan)

AAA FLAG & BANNER MFG. CO., INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AAA FLAG & BANNER MFG. CO., INC. 401(K) PROFIT SHARING PLAN AND TRUST

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