Retirement plan

ALLEGRO INTERNATIONAL SERVICE INC. RETIREMENT PLAN

Name: ALLEGRO INTERNATIONAL SERVICE INC. - ALLEGRO INTERNATIONAL SERVICE INC. RETIREMENT PLAN (2023) Form 5500
Creator: ALLEGRO INTERNATIONAL SERVICE INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALLEGRO INTERNATIONAL SERVICE INC. RETIREMENT PLAN, ALLEGRO INTERNATIONAL SERVICE INC.

ALLEGRO INTERNATIONAL SERVICE INC.EIN 95-4332711Plan #001PY 2023

3535 FARQUHAR AVE - LOS ALAMITOS, CA 90720310-527-5588allegrousa.comLinkedIn1-10 employeesimport and export

Other plans on this EIN

1 filing

#002Retirement-$4.4M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.5M

+20.1% from 2022

Total participants

+16.7% from 2022

Average account balance

$177,751

+2.9% from 2022

Annual return

13.60%

+26.59 pp from 2022

Benchmarks

See 9,391 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort9,391 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.56M

Not enough data

1 years with asset history on file

Average account balance

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

$297K

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.

120.0%

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

$20K

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

+16.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

$11K

$1084 / participant

Other / not subdivided$11K100.0%

% of EOY assets

0.436%

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

$177,751

$85,060+109.0%

$70,548+152.0%

$139,456+27.5%

Participation rate

100.0%

73.9%+26.1pp

68.3%+31.7pp

80.3%+19.7pp

Annual return

13.60%

30.38%-16.8pp

32.78%-19.2pp

373.45%-359.8pp

Employer contribution / active EE

$7,365

$3,911+88.3%

$2,975+147.6%

$4,753+55.0%

Participant deferral / active EE

$7,150

$5,890+21.4%

$4,567+56.6%

$6,711+6.5%

Admin fee / account holder

$774

$8,925-91.3%

$6,424-87.9%

$11,407-93.2%

ALLEGRO INTERNATIONAL SERVICE INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALLEGRO INTERNATIONAL SERVICE INC. RETIREMENT 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