Retirement plan

ARTECH INDUSTRIES, INC. PROFIT SHARING AND 401 (K) PLAN

Name: ARTECH INDUSTRIES, INC. - ARTECH INDUSTRIES, INC. PROFIT SHARING AND 401 (K) PLAN (2019) Form 5500
Creator: ARTECH INDUSTRIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARTECH INDUSTRIES, INC. PROFIT SHARING AND 401 (K) PLAN, ARTECH INDUSTRIES, INC.

ARTECH INDUSTRIES, INC.EIN 95-4049204Plan #001PY 2019

1966 KEATS DRIVE - RIVERSIDE, CA 925011747951-276-3331artech-loadcell.comLinkedIn1-10 employeesapparel & fashion

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$8.6M

+27.4% from 2018

Total participants

0.0% from 2018

Average account balance

$332,673

+27.4% from 2018

Annual return

25.66%

+34.11 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

$4.99M

Not enough data

1 years with asset history on file

Average account balance

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

$192K

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.

113.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$305K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+13.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$31053

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 codes2E2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$166K

$6380 / participant

Other / not subdivided$166K100.0%

% of EOY assets

1.918%

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

$332,673

$72,492+358.9%

$87,104+281.9%

$72,975+355.9%

Participation rate

100.0%

72.8%+27.2pp

76.9%+23.1pp

69.5%+30.5pp

Annual return

25.66%

24.46%+1.2pp

28.19%-2.5pp

81.01%-55.3pp

Employer contribution / active EE

$4,442

$1,894+134.6%

$2,521+76.2%

$2,440+82.0%

Participant deferral / active EE

$6,565

$3,270+100.8%

$4,048+62.2%

$3,608+82.0%

Admin fee / account holder

$6,380

$5,055+26.2%

$7,491-14.8%

$5,124+24.5%

ARTECH INDUSTRIES, INC. PROFIT SHARING AND 401 (K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARTECH INDUSTRIES, INC. PROFIT SHARING AND 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