Retirement plan

TUBULAR PRODUCTS COMPANY 401(K) PLAN A DIVISION OF SAMUEL, SON & CO. (USA) INC.

Name: TUBULAR PRODUCTS COMPANY - TUBULAR PRODUCTS COMPANY 401(K) PLAN A DIVISION OF SAMUEL, SON & CO. (USA) INC. (2018) Form 5500
Creator: TUBULAR PRODUCTS COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TUBULAR PRODUCTS COMPANY 401(K) PLAN A DIVISION OF SAMUEL, SON & CO. (USA) INC., TUBULAR PRODUCTS COMPANY

TUBULAR PRODUCTS COMPANYEIN 06-1251791Plan #004PY 2018

P.O. BOX 170100 - BIRMINGHAM, AL 35217205-241-3434LinkedIn1-10 employees

Other plans on this EIN

6 filings

#003Retirement-$27.5M assets #006Retirement-$7.9M assets #007Retirement-$4.9M assets #008Retirement-$3.2M assets #005Retirement-$2.0M assets #002Retirement-$1.7M assets

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$3.6M

No prior year

Total participants

164

No prior year

Average account balance

$63,503

No prior year

Annual return

11.22%

No prior year

Benchmarks

See 4,209 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,209 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$167K

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

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.

10.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$79

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

+10.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$745

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
GLOBAL RETIREMENT PARTNERS LLC1+ years Service code 27 · EIN 61-1732930	Advisory (Plan)	$3,265
PPS PENSION & FINANCIAL SERVICES1+ years Filed as: PPS PENSION SERVICES Service code 13 · EIN 16-1062503	Contract Administrator	$2,069
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$720

Plan features & details

Pension benefit codes2E2G2K2F2J3F2T

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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$4K

$27 / participant

Contract admin$4K100.0%

% of EOY assets

0.110%

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: BLACK & PINCKARD LLC
Auditor EIN: 260079381
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$63,503

$59,191+7.3%

$76,767-17.3%

$56,289+12.8%

Participation rate

27.2%

75.2%-48.0pp

77.0%-49.8pp

69.9%-42.6pp

Annual return

11.22%

6.62%+4.6pp

2.43%+8.8pp

-9.96%+21.2pp

Employer contribution / active EE

$903

$1,759-48.6%

$2,485-63.7%

$2,111-57.2%

Participant deferral / active EE

$907

$3,255-72.1%

$3,852-76.5%

$3,350-72.9%

Admin fee / account holder

$70

$489-85.7%

$6,675-99.0%

$521-86.6%

Provider

Service type

Compensation

GLOBAL RETIREMENT PARTNERS LLC1+ years

Service code 27 · EIN 61-1732930

Advisory (Plan)

$3,265

PPS PENSION & FINANCIAL SERVICES1+ years

Filed as: PPS PENSION SERVICES

Service code 13 · EIN 16-1062503

Contract Administrator

$2,069

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INS CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$720

TUBULAR PRODUCTS COMPANY 401(K) PLAN A DIVISION OF SAMUEL, SON & CO. (USA) INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TUBULAR PRODUCTS COMPANY 401(K) PLAN A DIVISION OF SAMUEL, SON & CO. (USA) INC.

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