Retirement plan

ALEXANDER ANDREW, INC DBA FALLTECH 401(K) PLAN

Name: ALEXANDER ANDREW INC - ALEXANDER ANDREW, INC DBA FALLTECH 401(K) PLAN (2018) Form 5500
Creator: ALEXANDER ANDREW INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALEXANDER ANDREW, INC DBA FALLTECH 401(K) PLAN, ALEXANDER ANDREW INC

ALEXANDER ANDREW INCdba FALLTECHEIN 95-4513960Plan #001PY 2018

1306 S ALAMEDA ST - COMPTON, CA 902214803323-752-0066

Prospect flagsLow assets / participantLow employer contributionRecently reached 100 employeesLow fidelity bondFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$1.6M

+1.9% from 2017

Total participants

162

+11.7% from 2017

Average account balance

$13,247

-41.7% from 2017

Annual return

-6.11%

-27.77 pp from 2017

Benchmarks

See 953 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort953 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.84M

Not enough data

1 years with asset history on file

Average account balance

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

$63K

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.

108

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.

48.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$697K

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

+14.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 8 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC2 years Filed as: T. ROWE PRICEC RPS, INC Service code 15 · EIN 52-1309931	Recordkeeping	$10,908
AMERICAN CENTURY1 year Filed as: AMERICAN CENTURY HERITAGE FD Service code 28	Investment Management	$0
AMERICAN FUNDS1 year Service code 28 · EIN 20-0623152	Investment Management	$0
PGIM INVESTMENTS1 year Filed as: PGIM JENNISON SMALL COMPANY Z Service code 28	Investment Management	$0
PIMCO FUNDS2 years Service code 28 · EIN 33-0629048	Investment Management	$0
PIMCO FUNDS1 year Filed as: PIMCO HIGH YIELD FUND ADMIN Service code 28	Investment Management	$0
PRUDENTIAL RETIREMENT INSURANCE AND2 years Filed as: PRUDENTIAL FUNDS Service code 28 · EIN 22-3703799	Investment Management	$0
T ROWE PRICE RPS INC1 year Filed as: T ROWE PRICE RPS, INC Service code 15	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

6 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$11K

$72 / participant

Other / not subdivided$11K100.0%

% of EOY assets

0.664%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CDART CPA
Auditor EIN: 473105009
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,247

$43,504-69.5%

$68,793-80.7%

$56,287-76.5%

Participation rate

74.8%

67.8%+7.0pp

72.2%+2.6pp

69.9%+5.0pp

Annual return

-6.11%

-3.15%-3.0pp

-4.63%-1.5pp

-9.96%+3.9pp

Employer contribution / active EE

$229

$1,525-85.0%

$2,625-91.3%

$2,111-89.1%

Participant deferral / active EE

$2,020

$2,509-19.5%

$3,311-39.0%

$3,350-39.7%

Admin fee / account holder

$88

$515-82.9%

$5,131-98.3%

$521-83.1%

Provider

Service type

Compensation

T ROWE PRICE RPS INC2 years

Filed as: T. ROWE PRICEC RPS, INC

Service code 15 · EIN 52-1309931

Recordkeeping

$10,908

AMERICAN CENTURY1 year

Filed as: AMERICAN CENTURY HERITAGE FD

Service code 28

Investment Management

AMERICAN FUNDS1 year

Service code 28 · EIN 20-0623152

Investment Management

PGIM INVESTMENTS1 year

Filed as: PGIM JENNISON SMALL COMPANY Z

Service code 28

Investment Management

PIMCO FUNDS2 years

Service code 28 · EIN 33-0629048

Investment Management

PIMCO FUNDS1 year

Filed as: PIMCO HIGH YIELD FUND ADMIN

Service code 28

Investment Management

PRUDENTIAL RETIREMENT INSURANCE AND2 years

Filed as: PRUDENTIAL FUNDS

Service code 28 · EIN 22-3703799

Investment Management

T ROWE PRICE RPS INC1 year

Filed as: T ROWE PRICE RPS, INC

Service code 15

Recordkeeping

ALEXANDER ANDREW, INC DBA FALLTECH 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALEXANDER ANDREW, INC DBA FALLTECH 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