Retirement plan

FIBEROPTIC SYSTEMS, INC. 401K PLAN

Name: FIBEROPTIC SYSTEMS, INC. - FIBEROPTIC SYSTEMS, INC. 401K PLAN (2020) 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 2020

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.7M

+15.7% from 2019

Total participants

+25.7% from 2019

Average account balance

$77,689

+12.4% from 2019

Annual return

17.52%

-1.41 pp from 2019

Benchmarks

See 14,881 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,881 peers

Snapshot2020

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

$190K

$5128 / participant

Other / not subdivided$190K100.0%

% of EOY assets

6.978%

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

$77,689

$78,428-0.9%

$95,960-19.0%

$79,852-2.7%

Participation rate

75.7%

73.5%+2.2pp

77.1%-1.4pp

69.6%+6.0pp

Annual return

17.52%

19.37%-1.9pp

91.63%-74.1pp

31.72%-14.2pp

Employer contribution / active EE

$2,156

$1,945+10.8%

$2,541-15.2%

$2,471-12.8%

Participant deferral / active EE

$1,758

$3,440-48.9%

$4,167-57.8%

$3,740-53.0%

Admin fee / account holder

$5,421

$5,622-3.6%

$6,797-20.2%

$5,306+2.2%

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