Retirement plan

A & R ENGINEERING CO., INC. 401(K) PROFIT SHARING PLAN

Name: A & R ENGINEERING CO., INC. - A & R ENGINEERING CO., INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: A & R ENGINEERING CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, A & R ENGINEERING CO., INC. 401(K) PROFIT SHARING PLAN, A & R ENGINEERING CO., INC.

A & R ENGINEERING CO., INC.EIN 95-3703412Plan #003PY 2020

1053 EAST BEDMAR STREET - CARSON, CA 90746310-603-9060

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$6.7M

+7.7% from 2019

Total participants

103

-16.9% from 2019

Average account balance

$69,171

+34.4% from 2019

Annual return

2.50%

+0.89 pp from 2019

Benchmarks

See 14,879 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,879 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.67M

Not enough data

1 years with asset history on file

Average account balance

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

$139K

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.

140.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$476K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+13.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1506

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
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FRAGO ADVISORS LLC Service code 55	Other Commissions	$18,293
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: GREAT-WEST LIFE & ANNUITY INS CO Service code 64 8515 EASTORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$12,948
ACTUARIAL BENEFITS CORP2 years Service code 13	Contract Administrator	$6,275
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO ADVISORS LLC Service code 28 401 S TRYON ST 11TH FL D1050-111 · CHARLOTTE, NC 28081	Investment Management	$875
ACTUARIAL BENEFITS CORP2 years Filed as: ACTUARIAL BENENFITS CORP Service code 13 2790 SKYPARK DR STE 300 · TORRANCE, CA 90505	Contract Administrator	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K3D

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).
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$13K

$185 / participant

Contract admin$13K100.0%

% of EOY assets

0.201%

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: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$69,171

$78,423-11.8%

$95,964-27.9%

$79,856-13.4%

Participation rate

91.8%

73.5%+18.3pp

77.1%+14.7pp

69.6%+22.1pp

Annual return

2.50%

19.37%-16.9pp

91.64%-89.1pp

31.71%-29.2pp

Employer contribution / active EE

$2,878

$1,945+48.0%

$2,541+13.3%

$2,471+16.5%

Participant deferral / active EE

$2,813

$3,440-18.2%

$4,167-32.5%

$3,741-24.8%

Admin fee / account holder

$139

$5,622-97.5%

$6,797-98.0%

$5,306-97.4%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.2 years

Filed as: WELLS FRAGO ADVISORS LLC

Service code 55

Other Commissions

$18,293

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: GREAT-WEST LIFE & ANNUITY INS CO

Service code 64

8515 EASTORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$12,948

ACTUARIAL BENEFITS CORP2 years

Service code 13

Contract Administrator

$6,275

WELLS FARGO BANK, N.A.2 years

Filed as: WELLS FARGO ADVISORS LLC

Service code 28

401 S TRYON ST 11TH FL D1050-111 · CHARLOTTE, NC 28081

Investment Management

$875

ACTUARIAL BENEFITS CORP2 years

Filed as: ACTUARIAL BENENFITS CORP

Service code 13

2790 SKYPARK DR STE 300 · TORRANCE, CA 90505

Contract Administrator

A & R ENGINEERING CO., INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

A & R ENGINEERING CO., 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