Retirement plan

AQUA ENGINEERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: AQUA ENGINEERS, INC. - AQUA ENGINEERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2017) Form 5500
Creator: AQUA ENGINEERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AQUA ENGINEERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, AQUA ENGINEERS, INC.

AQUA ENGINEERS, INC.EIN 99-0202762Plan #002PY 2017

3560 KOLOA ROAD - KALAHEO, HI 967419160808-332-7381linkedin.com/company/aqua-engineers-incLinkedIn51-200 employeesutilities

Other plans on this EIN

1 filing

#001Retirement-$11.7M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$31.8M

+21.9% from 2016

Total participants

+1.1% from 2016

Average account balance

$357,356

+19.2% from 2016

Annual return

21.12%

-6.55 pp from 2016

Benchmarks

See 3,723 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants25-99

Cohort3,723 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$55.37M

Not enough data

1 years with asset history on file

Average account balance

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

$554K

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.

100

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.

91.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$253K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+9.58%

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

1 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 codes2I2P2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$819K

$10915 / participant

Other / not subdivided$819K100.0%

% of EOY assets

2.574%

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

$357,356

$47,848+646.9%

$81,473+338.6%

$70,126+409.6%

Participation rate

100.0%

58.3%+41.7pp

68.0%+32.0pp

69.5%+30.5pp

Annual return

21.12%

27.25%-6.1pp

38.78%-17.7pp

73.15%-52.0pp

Employer contribution / active EE

$12,533

$1,527+720.7%

$2,568+388.1%

$2,343+435.0%

Participant deferral / active EE

$2,453-100.0%

$3,537-100.0%

$3,332-100.0%

Admin fee / account holder

$9,198

$3,145+192.5%

$4,561+101.7%

$4,646+98.0%

AQUA ENGINEERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AQUA ENGINEERS, INC. EMPLOYEE STOCK OWNERSHIP 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