Retirement plan

FUNCTIONAL FENESTRATION, INC. 401(K) BENEFIT PLAN

Name: FUNCTIONAL FENESTRATION, INC. - FUNCTIONAL FENESTRATION, INC. 401(K) BENEFIT PLAN (2016) Form 5500
Creator: FUNCTIONAL FENESTRATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FUNCTIONAL FENESTRATION, INC. 401(K) BENEFIT PLAN, FUNCTIONAL FENESTRATION, INC.

FUNCTIONAL FENESTRATION, INC.EIN 95-4626012Plan #001PY 2016

12833 SIMMS AVE. - HAWTHORNE, CA 90250213-756-9971fenestration.netLinkedIn11-50 employeesbuilding materials

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$706K

No prior year

Total participants

No prior year

Average account balance

$41,513

No prior year

Annual return

20.38%

No prior year

Benchmarks

See 22,113 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,113 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.79M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

119.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$126K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.67%

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 codes2F2G2J3D

Plan features

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$14K

$721 / participant

Other / not subdivided$14K100.0%

% of EOY assets

2.042%

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

$41,513

$131,835-68.5%

$108,582-61.8%

$273,972-84.8%

Participation rate

70.0%

83.5%-13.5pp

79.6%-9.6pp

83.0%-13.0pp

Annual return

20.38%

-91.57%+112.0pp

-51.70%+72.1pp

41.46%-21.1pp

Employer contribution / active EE

$2,915

$4,913-40.7%

$3,758-22.4%

$4,869-40.1%

Participant deferral / active EE

$2,222

$5,127-56.7%

$4,311-48.5%

$5,287-58.0%

Admin fee / account holder

$848

$10,253-91.7%

$7,645-88.9%

$10,133-91.6%

FUNCTIONAL FENESTRATION, INC. 401(K) BENEFIT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FUNCTIONAL FENESTRATION, INC. 401(K) BENEFIT 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