Retirement plan
AMSTED INDUSTRIES INCORPORATED DEFINED BENEFIT PENSION PLAN
AMSTED INDUSTRIES INCORPORATEDEIN 36-0730380Plan #026PY 2024
111 S WACKER DR, SUITE 4400 - CHICAGO, IL 60606312-645-1700amsted.comLinkedIn10001+ employeesmechanical or industrial engineering
Other plans on this EIN
4 filingsProspect flagsHigh retiree %High cash
Filing contacts
From the Form 5500, federal recordPlan administrator signer
WAYNE LUCE
Signed 07/11/2025
Summary metrics
Total assets (EOY)
$147.2M
+10.4% from 2017
Total participants
2,099
+35.3% from 2017
Average account balance
$0
No prior year
Annual return
15.51%
+0.90 pp from 2017
Benchmarks
Peer group
Industry33 - Manufacturing
Plan typeDefined benefit
Participants250-999
Cohort189 peers
Snapshot2024
0
Participant deferral / active EE
$0
median $0
31
Employer contribution / active EE
$9,840
median $8,372
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
0
Admin fee / account holder
$0
93
Annual return
15.51%
median 2.36%
Overall peer rank
62of 100
62nd percentileavg across 6 metrics
Analytics
2016 - 2024
Total assets (EOY)
Plan-year ending balance
$147.24M
Average account balance
Total assets / participants with a balance (line 6g)
$70K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
1,800
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$2.94M
Contributions per participant
Average employer and participant contribution per enrolled participant
$10K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+15.51%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 4 by compensation
| Provider | Service type | Compensation |
|---|---|---|
WILLIS TOWERS WATSON7 years Service code 11 · EIN 53-0181291 | Actuarial | $684,974 |
FIFTH THIRD BANK5 years Service code 21 · EIN 31-0854434 | Bank Trustee | $69,923 |
CROWE LLP7 years Service code 10 · EIN 35-0921680 | Accounting | $35,425 |
BLACKROCK7 years Service code 28 400 HOWARD STREET · SAN FRANCISCO, CA 94105 | Investment Management | $5,835 |
Enrolled actuary
1 attachment
SB
CYNTHIA M BROWN
WILLIS TOWERS WATSON US LLC
Enrollment #2307656
233 SOUTH WACKER DRIVE SUITE 1800
CHICAGO, IL 60606
(312) 288-7700
Signed 2025-07-03
Top hat statement on fileNQDC
Filed March 29, 2006 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
Plan features & details
Pension benefit codes1B1I
Plan features
- 1BBenefits are primarily flat dollarBenefits are primarily a flat dollar amount (including a dollar amount per year of service).
- 1IFrozen planAs of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
Opportunity flags
2 tripped
- OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
- InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Expense breakdown
Schedule H Part II
Admin total
$2.0M
$6757 / participant
- Trustee / custodial$70K3.5%
- Investment mgmt$248K12.3%
- Actuarial$443K21.9%
- Other / not subdivided$1M62.3%
% of EOY assets
1.372%
all-in expense ratio
Categories reported
3 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- CROWE LLP
- Auditor EIN
- 350921680
- Audit fees
- $35,425
- Opinion code
- Unqualified