Retirement plan

FIBEROPTIC SYSTEMS, INC. 401K PLAN

Name: FIBEROPTIC SYSTEMS, INC. - FIBEROPTIC SYSTEMS, INC. 401K PLAN (2019) Form 5500
Creator: FIBEROPTIC SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIBEROPTIC SYSTEMS, INC. 401K PLAN, FIBEROPTIC SYSTEMS, INC.

FIBEROPTIC SYSTEMS, INC.EIN 95-3853957Plan #001PY 2019

60 MORELAND ROAD, UNIT A - SIMI VALLEY, CA 93065805-583-2088LinkedIn11-50 employeeswarehousing

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.4M

+15.3% from 2018

Total participants

+6.1% from 2018

Average account balance

$69,144

+11.9% from 2018

Annual return

18.94%

+23.13 pp from 2018

Benchmarks

See 14,957 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,957 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.45M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

133.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$200K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+16.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7397

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 codes2E2F2G2J3D

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.
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

$229K

$7389 / participant

Other / not subdivided$229K100.0%

% of EOY assets

9.744%

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

$69,144

$72,492-4.6%

$87,102-20.6%

$72,983-5.3%

Participation rate

96.8%

72.8%+24.0pp

76.9%+19.9pp

69.5%+27.3pp

Annual return

18.94%

24.46%-5.5pp

28.19%-9.3pp

81.01%-62.1pp

Employer contribution / active EE

$2,131

$1,894+12.5%

$2,521-15.5%

$2,440-12.6%

Participant deferral / active EE

$2,801

$3,270-14.3%

$4,048-30.8%

$3,608-22.3%

Admin fee / account holder

$6,737

$5,055+33.3%

$7,491-10.1%

$5,124+31.5%

FIBEROPTIC SYSTEMS, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FIBEROPTIC SYSTEMS, INC. 401K 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