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Retirement plan

AMSTED INDUSTRIES INCORPORATED DEFINED BENEFIT PENSION PLAN

AMSTED INDUSTRIES INCORPORATEDEIN 36-0730380Plan #026PY 2016
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180 N. STETSON, SUITE 1800 - CHICAGO, IL 60601312-645-1700amsted.comLinkedIn10001+ employeesmechanical or industrial engineering
Other plans on this EIN
4 filings
#004Retirement-$2.88B assets#002Retirement-$423.1M assets#080Retirement-$37.7M assets#125Retirement-$2.7M assets
Prospect flagsHigh retiree %

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(312) 645-1700
Plan administrator signer
SHIRLEY WHITESELL
Signed 07/24/2017
How to read this page

Summary metrics

Total assets (EOY)
$179.8M
+10.4% from 2017
Total participants
3,735
+35.3% from 2017
Average account balance
$0
No prior year
Annual return
7.59%
+0.90 pp from 2017

Benchmarks

See 182 peers
Peer group
Industry33 - Manufacturing
Plan typeDefined benefit
Participants1,000-4,999
Cohort182 peers
Snapshot2016
Participant deferral / active EE
$0
median $293
Employer contribution / active EE
$26,243
median $6,793
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $381,942,733
Admin fee / account holder
$0
median $2,655,710
Annual return
7.59%
median 6.73%
Overall peer rank
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 7 by compensation
ProviderService typeCompensation
TOWERS WATSON1+ years
Service code 11 · EIN 53-0181291
Actuarial
$444,109
DIMEO SCHNEIDER & ASSOCIATES1+ years
Service code 17
500 W. MADISON ST. SUITE 1700 · CHICAGO, IL 60661
Pension Consulting
$125,967
WELLS FARGO BANK, N.A.1+ years
Service code 21 · EIN 94-1347393
Bank Trustee
$91,452
VEDDER, PRICE, KAUFMAN & KAMMHOLZ1+ years
Service code 29 · EIN 36-2216929
Legal
$55,850
CROWE HORWATH LLP1+ years
Service code 10 · EIN 35-0921680
Accounting
$21,075
STATE STREET GLOBAL ADVISORS1+ years
Service code 18 · EIN 04-1867445
Non-monetary compensation; Investment...
$19,466
INCOME RESEARCH & MANAGEMENT1+ years
Service code 28
100 FEDERAL STREET, 30TH FLOOR · BOSTON, MA 02110
Investment Management
$13,048

Enrolled actuary

1 attachment
SB

CHRISTINA TAYLOR

TOWERS WATSON DELAWARE INC.
Enrollment #1707088
233 SOUTH WACKER DRIVE
SUITE 1800
CHICAGO, IL 60606
(312) 288-7700
Signed 2017-07-17

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.

Open the filing PDF

Plan features & details

Pension benefit codes1B3D
Plan features
  • 1B
    Benefits are primarily flat dollar
    Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
  • 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
  • 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
$2.4M
$2152 / participant
  • Investment mgmt$139K5.7%
  • Contract admin$19K0.8%
  • Other / not subdivided$2M93.5%
% of EOY assets
1.359%
all-in expense ratio
Categories reported
2 / 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
CROWE HORWATH LLP
Auditor EIN
350921680
Audit fees
(not subdivided)
Opinion code
Disclaimer