Retirement plan

THREE SONS, INC. 401(K) PLAN

Name: THREE SONS, INC. - THREE SONS, INC. 401(K) PLAN (2016) Form 5500
Creator: THREE SONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THREE SONS, INC. 401(K) PLAN, THREE SONS, INC.

THREE SONS, INC.dba AMERICAN COMPANIESEIN 95-3176839Plan #001PY 2016

5201 INDUSTRY AVENUE, PO BOX 6 - PICO RIVERA, CA 90660562-801-4100

Prospect flagsHigh cashLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$3.5M

+13.0% from 2015

Total participants

109

-2.7% from 2015

Average account balance

$49,346

-1.5% from 2015

Annual return

4.69%

+4.86 pp from 2015

Benchmarks

See 31 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Cohort31 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.36M

Not enough data

1 years with asset history on file

Average account balance

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

$98K

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.

23.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$320K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+9.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4786

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 2 by compensation

Provider	Service type	Compensation
DIGITAL RETIREMENT SOLUTIONS, INC.2+ years Service code 12 · EIN 84-1477138	Direct payment from the plan; Claims ...	$1,590
NEWPORT GROUP, INC.2+ years Filed as: MATRIX FINANCIAL SOLUTIONS, INC. Service code 18 700 17TH STREET · DENVER, CO 80202	Custodial (other than securities); Fl...	$380

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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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

$2K

$20 / participant

Contract admin$2K80.7%
Other / not subdivided$38019.3%

% of EOY assets

0.057%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: GREEN HASSON & JANKS LLP
Auditor EIN: 951777440
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$49,346

$39,113+26.2%

$69,779-29.3%

Participation rate

60.6%

63.4%-2.8pp

71.8%-11.2pp

Annual return

4.69%

6.60%-1.9pp

12.99%-8.3pp

Employer contribution / active EE

$1,234

$1,196+3.2%

$2,338-47.2%

Participant deferral / active EE

$1,964

$2,061-4.7%

$2,931-33.0%

Admin fee / account holder

$28

$1,598-98.2%

$4,381-99.4%

Provider

Service type

Compensation

DIGITAL RETIREMENT SOLUTIONS, INC.2+ years

Service code 12 · EIN 84-1477138

Direct payment from the plan; Claims ...

$1,590

NEWPORT GROUP, INC.2+ years

Filed as: MATRIX FINANCIAL SOLUTIONS, INC.

Service code 18

700 17TH STREET · DENVER, CO 80202

Custodial (other than securities); Fl...

$380

THREE SONS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THREE SONS, INC. 401(K) 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