Retirement plan

LINEAR MOTION UNION 401(K) PLAN

Name: LINEAR MOTION LLC - LINEAR MOTION UNION 401(K) PLAN (2019) Form 5500
Creator: LINEAR MOTION LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LINEAR MOTION UNION 401(K) PLAN, LINEAR MOTION LLC

LINEAR MOTION LLCEIN 05-0530446Plan #002PY 2019

628 N HAMILTON STREET - SAGINAW, MI 48602989-759-8300

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.3M

+46.7% from 2018

Total participants

116

-0.9% from 2018

Average account balance

$45,414

+44.2% from 2018

Annual return

24.84%

+24.84 pp from 2018

Benchmarks

See 14,956 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,956 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.74M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

148

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.

96.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$953K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+13.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$49

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 2 by compensation

Provider	Service type	Compensation
ASCENSUS LLC1 year Service code 15 · EIN 11-3665754	Recordkeeping	$6,179
HUNNEX AND SHOEMAKER, INC.1 year Filed as: HUNNEX & SHOEMAKER Service code 13 · EIN 91-1072394 701 5TH AVE, STE · SEATTLE, WA 98104	Contract Administrator	$1,750

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$7K

$70 / participant

Investment mgmt$7K100.0%

% of EOY assets

0.125%

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: SMITH BUNDAY BERMAN BRITTON, P.S.
Auditor EIN: 911275259
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,414

$72,486-37.3%

$87,103-47.9%

$72,976-37.8%

Participation rate

100.0%

72.8%+27.2pp

76.9%+23.1pp

69.5%+30.5pp

Annual return

24.84%

24.46%+0.4pp

28.19%-3.3pp

81.02%-56.2pp

Employer contribution / active EE

$4,076

$1,894+115.2%

$2,521+61.7%

$2,440+67.0%

Participant deferral / active EE

$6,577

$3,270+101.2%

$4,049+62.5%

$3,608+82.3%

Admin fee / account holder

$57

$5,055-98.9%

$7,491-99.2%

$5,124-98.9%

Provider

Service type

Compensation

ASCENSUS LLC1 year

Service code 15 · EIN 11-3665754

Recordkeeping

$6,179

HUNNEX AND SHOEMAKER, INC.1 year

Filed as: HUNNEX & SHOEMAKER

Service code 13 · EIN 91-1072394

701 5TH AVE, STE · SEATTLE, WA 98104

Contract Administrator

$1,750

LINEAR MOTION UNION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LINEAR MOTION UNION 401(K) 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