PlanOptica
Retirement plan

AMSTED INDUSTRIES 401(K) PLAN FOR IONX LLC EMPLOYEES

AMSTED INDUSTRIES, INC.EIN 36-0730380Plan #125PY 2017
Sign in to saveView 5500 PDF
180 N. STETSON, SUITE 1800 - CHICAGO, IL 60601312-645-1700amsted.comLinkedIn10001+ employeesmechanical or industrial engineering
Other plans on this EIN
4 filings
#004Retirement-$3.18B assets#002Retirement-$475.8M assets#026Retirement-$162.9M assets#080Retirement-$42.1M assets
Prospect flagsHigh fees

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(312) 645-1700
Plan administrator signer
SHIRLEY WHITESELL
Signed 06/01/2018
How to read this page

Summary metrics

Total assets (EOY)
$3.1M
-14.2% from 2017
Total participants
43
+4.7% from 2017
Average account balance
$82,527
-18.5% from 2017
Annual return
17.46%
-4.51 pp from 2017

Benchmarks

See 14,968 peers
Peer group
Industry33 - Manufacturing
Plan typeDefined contribution
Participants25-99
Cohort14,968 peers
Snapshot2017
Participant deferral / active EE
$7,322
median $2,592
Employer contribution / active EE
$3,258
median $1,143
Participation rate
84.4%
median 77.8%
Avg account balance
$82,527
median $54,333
Admin fee / account holder
$9,572
median $1,840
Annual return
17.46%
median 15.57%
Overall peer rank
63rd percentileavg across 6 metrics

Analytics

2016 - 2018
Total assets (EOY)
Plan-year ending balance
$0
Average account balance
Total assets / participants with a balance (line 6g)
$83K
Not enough data
2 years with per-participant data
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
38
Not enough data
2 years with headcount on file
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
84.4%
Not enough data
2 years with eligibility data
Contributions (total)
Employer and participant dollars contributed each year
$92K
Contributions per participant
Average employer and participant contribution per enrolled participant
$11K
Not enough data
2 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-102.94%
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
Not enough data
0 years with F_SCH_H allocation on file

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.

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 codes2F2G2J2K2S2T
Plan features
  • 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.
  • 2J
    Code section 401(k) feature
    Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
  • 2K
    Code section 401(m) arrangement
    Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
  • 2S
    Automatic enrollment
    Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

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
$364K
$11366 / participant
  • Other / not subdivided$364K100.0%
% of EOY assets
11.598%
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
-