Retirement plan

OXEA CORPORATION RETIREMENT PLAN

Name: OXEA CORPORATION - OXEA CORPORATION RETIREMENT PLAN (2017) Form 5500
Creator: OXEA CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OXEA CORPORATION RETIREMENT PLAN, OXEA CORPORATION

OXEA CORPORATIONEIN 03-0611308Plan #001PY 2017

2001 FM 3057 - BAY CITY, TX 77414979-241-4024

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$73.5M

+11.5% from 2016

Total participants

324

+10.2% from 2016

Average account balance

$226,743

+0.1% from 2016

Annual return

12.96%

+4.65 pp from 2016

Benchmarks

See 1,152 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,152 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$96.49M

Not enough data

1 years with asset history on file

Average account balance

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

$211K

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.

457

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.

97.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.86M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+12.42%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$319

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

Top 4 by compensation

Provider	Service type	Compensation
USI CONSULTING GROUP1 year Filed as: USI INSURANCE SERVICES Service code 99 · EIN 76-0206321	Other Fees	$65,000
VOYA RETIREMENT INSURANCE & ANNUITY3+ years Service code 26 · EIN 71-0294708	Advisory (Participants)	$64,188
MORNINGSTAR3+ years Service code 26 · EIN 36-4317381	Advisory (Participants)	$55,938
CALVETTI FERGUSON3+ years Service code 99 · EIN 13-4255527	Other Fees	$14,445

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$53K

$198 / participant

Other / not subdivided$53K100.0%

% of EOY assets

0.072%

all-in expense ratio

Categories reported

0 / 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: CALVETTI FERGUSON, P.C.
Auditor EIN: 134255527
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$226,743

$75,284+201.2%

$91,004+149.2%

$69,631+225.6%

Participation rate

100.0%

80.4%+19.6pp

75.6%+24.4pp

70.7%+29.3pp

Annual return

12.96%

48.40%-35.4pp

4.60%+8.4pp

27571.02%-27558.1pp

Employer contribution / active EE

$10,110

$2,473+308.9%

$2,456+311.7%

$2,032+397.5%

Participant deferral / active EE

$9,548

$3,700+158.1%

$3,548+169.1%

$3,224+196.2%

Admin fee / account holder

$162

$111+46.8%

$5,417-97.0%

$110+47.0%

Provider

Service type

Compensation

USI CONSULTING GROUP1 year

Filed as: USI INSURANCE SERVICES

Service code 99 · EIN 76-0206321

Other Fees

$65,000

VOYA RETIREMENT INSURANCE & ANNUITY3+ years

Service code 26 · EIN 71-0294708

Advisory (Participants)

$64,188

MORNINGSTAR3+ years

Service code 26 · EIN 36-4317381

Advisory (Participants)

$55,938

CALVETTI FERGUSON3+ years

Service code 99 · EIN 13-4255527

Other Fees

$14,445

OXEA CORPORATION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OXEA CORPORATION RETIREMENT 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