Retirement plan

AIR FRAME MFG. & SUPPLY CO., INC SALARY REDUCTION PROFIT SHARING PLAN

Name: AIR FRAME MFG & SUPPLY CO., INC. - AIR FRAME MFG. & SUPPLY CO., INC SALARY REDUCTION PROFIT SHARING PLAN (2017) Form 5500
Creator: AIR FRAME MFG & SUPPLY CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AIR FRAME MFG. & SUPPLY CO., INC SALARY REDUCTION PROFIT SHARING PLAN, AIR FRAME MFG & SUPPLY CO., INC.

AIR FRAME MFG & SUPPLY CO., INC.EIN 95-4141339Plan #001PY 2017

26135 W TECHNOLOGY DR - VALENCIA, CA 91355661-257-7728afmsupply.comLinkedIn11-50 employeesaviation & aerospace

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.1M

+19.9% from 2016

Total participants

+8.1% from 2016

Average account balance

$177,511

+10.9% from 2016

Annual return

17.48%

+10.32 pp from 2016

Benchmarks

See 14,968 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,968 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.48M

Not enough data

1 years with asset history on file

Average account balance

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

$367K

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.

154.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$189K

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

+12.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$863

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 codes2E3D2G2J2F2T

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

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

$80K

$3062 / participant

Other / not subdivided$80K100.0%

% of EOY assets

1.121%

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

$177,511

$67,602+162.6%

$82,312+115.7%

$70,126+153.1%

Participation rate

100.0%

72.8%+27.2pp

76.9%+23.1pp

69.5%+30.5pp

Annual return

17.48%

21.57%-4.1pp

25.88%-8.4pp

73.15%-55.7pp

Employer contribution / active EE

$3,547

$1,755+102.1%

$2,428+46.1%

$2,343+51.4%

Participant deferral / active EE

$4,948

$2,987+65.6%

$3,706+33.5%

$3,332+48.5%

Admin fee / account holder

$1,990

$4,512-55.9%

$5,608-64.5%

$4,645-57.2%

AIR FRAME MFG. & SUPPLY CO., INC SALARY REDUCTION PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AIR FRAME MFG. & SUPPLY CO., INC SALARY REDUCTION 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