Retirement plan
AMSTED INDUSTRIES INCORPORATED DEFINED BENEFIT PENSION PLAN
AMSTED INDUSTRIES INCORPORATEDEIN 36-0730380Plan #026PY 2017
180 N. STETSON, SUITE 1800 - CHICAGO, IL 60601312-645-1700amsted.comLinkedIn10001+ employeesmechanical or industrial engineering
Other plans on this EIN
4 filingsProspect flagsHigh retiree %Low participationLow employer contribution
Filing contacts
From the Form 5500, federal recordPlan administrator signer
SHIRLEY WHITESELL
Signed 07/09/2018
Summary metrics
Total assets (EOY)
$162.9M
+10.4% from 2017
Total participants
2,761
+35.3% from 2017
Average account balance
$0
No prior year
Annual return
6.69%
+0.90 pp from 2017
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Cohort188 peers
Snapshot2017
0
Participant deferral / active EE
$0
median $0
5
Employer contribution / active EE
$3,296
median $5,024
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $90,250
0
Admin fee / account holder
$0
median $934
33
Annual return
6.69%
median 9.72%
Overall peer rank
13of 100
13th 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 8 by compensation
| Provider | Service type | Compensation |
|---|---|---|
TOWERS WATSON2+ years Service code 11 · EIN 53-0181291 | Actuarial | $581,572 |
WELLS FARGO BANK, N.A.2+ years Service code 21 · EIN 94-1347393 | Bank Trustee | $91,936 |
DIMEO SCHNEIDER & ASSOCIATES2+ years Service code 17 500 W. MADISON ST. SUITE 1700 · CHICAGO, IL 60661 | Pension Consulting | $46,241 |
Service code 29 · EIN 36-2216929 | Legal | $35,896 |
CROWE HORWATH LLP2+ years Service code 10 · EIN 35-0921680 | Accounting | $33,760 |
INCOME RESEARCH & MANAGEMENT2+ years Service code 28 100 FEDERAL STREET, 30TH FLOOR · BOSTON, MA 02110 | Investment Management | $27,366 |
STATE STREET GLOBAL ADVISORS2+ years Service code 18 · EIN 04-1867445 | Non-monetary compensation; Investment... | $18,842 |
LEGAL AND GENERAL1 year Service code 18 · EIN 35-7085469 | Investment management fees paid direc... | $8,319 |
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 2018-06-28
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 codes1B3D
Plan features
- 1BBenefits are primarily flat dollarBenefits are primarily a flat dollar amount (including a dollar amount per year of service).
- 3DPre-approved pension planA master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
Opportunity flags
3 tripped
- OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
- OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
- 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
$2.5M
$2520 / participant
- Investment mgmt$104K4.1%
- Other / not subdivided$2M95.9%
% of EOY assets
1.546%
all-in expense ratio
Categories reported
1 / 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