Retirement plan

THERMOMETRICS CORPORATION PROFIT SHARING PLAN

Name: THERMOMETRICS CORPORATION - THERMOMETRICS CORPORATION PROFIT SHARING PLAN (2020) Form 5500
Creator: THERMOMETRICS CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THERMOMETRICS CORPORATION PROFIT SHARING PLAN, THERMOMETRICS CORPORATION

THERMOMETRICS CORPORATIONEIN 95-4704029Plan #002PY 2020

18714 PARTHENIA STREET - NORTHRIDGE, CA 913243813818-886-3755thermometricscorp.comLinkedIn11-50 employeesaviation & aerospace

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.3M

-10.3% from 2019

Total participants

+7.1% from 2019

Average account balance

$79,321

-13.4% from 2019

Annual return

12.66%

-7.72 pp from 2019

Benchmarks

See 14,879 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,879 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.69M

Not enough data

1 years with asset history on file

Average account balance

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

$93K

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.

96.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$247K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+17.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7996

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 codes2E2F2G3D

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.
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

$714K

$25498 / participant

Other / not subdivided$714K100.0%

% of EOY assets

31.037%

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

$79,321

$78,423+1.1%

$95,964-17.3%

$79,856-0.7%

Participation rate

96.4%

73.5%+22.9pp

77.1%+19.3pp

69.6%+26.8pp

Annual return

12.66%

19.37%-6.7pp

91.64%-79.0pp

31.71%-19.1pp

Employer contribution / active EE

$4,464

$1,945+129.5%

$2,541+75.7%

$2,471+80.7%

Participant deferral / active EE

$3,440-100.0%

$4,167-100.0%

$3,741-100.0%

Admin fee / account holder

$24,619

$5,622+337.9%

$6,797+262.2%

$5,306+363.9%

THERMOMETRICS CORPORATION PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THERMOMETRICS CORPORATION 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