Retirement plan

MTD PRODUCTS INC SALARIED 401(K) AND DC RETIREMENT

Name: MTD PRODUCTS INC - MTD PRODUCTS INC SALARIED 401(K) AND DC RETIREMENT (2017) Form 5500
Creator: MTD PRODUCTS INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MTD PRODUCTS INC SALARIED 401(K) AND DC RETIREMENT, MTD PRODUCTS INC

MTD PRODUCTS INCEIN 06-1650267Plan #007PY 2017

5903 GRAFTON ROAD - VALLEY CITY, OH 44280330-225-2600mtdproducts.comLinkedIn5001-10000 employeesconsumer goods

Other plans on this EIN

2 filings

#302Retirement-$249.3M assets #018Retirement-$72.7M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed December 2, 2011 (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

How to read this page

Total assets (EOY)

$226.6M

+21.0% from 2016

Total participants

1,884

+3.1% from 2016

Average account balance

$120,663

+17.0% from 2016

Annual return

16.96%

+6.73 pp from 2016

Benchmarks

See 786 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort786 peers

Snapshot2017

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-85.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

See the 8-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 8 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$209,543
CBIZ RETIREMENT PLAN SERVICES1 year Filed as: CBIZ FINANCIAL SOLUTIONS INC. Service code 27 · EIN 53-1396995	Advisory (Plan)	$52,167
CBIZ RETIREMENT PLAN SERVICES3+ years Filed as: CBIZ FINANCIAL SOLUTIONS, INC. Service code 27 · EIN 53-1396995	Advisory (Plan)	$26,198
THORNHILL FINANCIAL, INC.1 year Filed as: THORNHILL FINANCIAL INC. Service code 10 · EIN 34-1848419	Accounting	$10,875
AMERICAN FUNDS1 year Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
DODGE & COX1 year Service code 52 · EIN 94-6067274	Indirect Investment Fees	$0
T ROWE PRICE RPS INC1 year Filed as: T. ROWE PRICE Service code 52 · EIN 52-0655816	Indirect Investment Fees	$0
THE VANGUARD GROUP, INC.1 year Filed as: VANGUARD Service code 52 · EIN 23-1999755	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D3F3H2S2T

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$266K

$167 / participant

Investment mgmt$46K17.2%
Contract admin$209K78.5%
Other / not subdivided$11K4.3%

% of EOY assets

0.117%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: THORNHILL FINANCIAL INC.
Auditor EIN: 341818419
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$120,663

$88,730+36.0%

$82,313+46.6%

$77,958+54.8%

Participation rate

99.6%

84.5%+15.1pp

76.9%+22.7pp

71.6%+28.0pp

Annual return

16.96%

20.88%-3.9pp

25.88%-8.9pp

20.87%-3.9pp

Employer contribution / active EE

$5,126

$2,758+85.9%

$2,428+111.1%

$2,310+121.9%

Participant deferral / active EE

$5,436

$4,634+17.3%

$3,706+46.7%

$3,537+53.7%

Admin fee / account holder

$142

$74+91.6%

$5,608-97.5%

$97+45.6%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$209,543

CBIZ RETIREMENT PLAN SERVICES1 year

Filed as: CBIZ FINANCIAL SOLUTIONS INC.

Service code 27 · EIN 53-1396995

Advisory (Plan)

$52,167

CBIZ RETIREMENT PLAN SERVICES3+ years

Filed as: CBIZ FINANCIAL SOLUTIONS, INC.

Service code 27 · EIN 53-1396995

Advisory (Plan)

$26,198

THORNHILL FINANCIAL, INC.1 year

Filed as: THORNHILL FINANCIAL INC.

Service code 10 · EIN 34-1848419

Accounting

$10,875

AMERICAN FUNDS1 year

Service code 52 · EIN 95-1411037

Indirect Investment Fees

DODGE & COX1 year

Service code 52 · EIN 94-6067274

Indirect Investment Fees

T ROWE PRICE RPS INC1 year

Filed as: T. ROWE PRICE

Service code 52 · EIN 52-0655816

Indirect Investment Fees

THE VANGUARD GROUP, INC.1 year

Filed as: VANGUARD

Service code 52 · EIN 23-1999755

Indirect Investment Fees

MTD PRODUCTS INC SALARIED 401(K) AND DC RETIREMENT

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MTD PRODUCTS INC SALARIED 401(K) AND DC RETIREMENT

Top hat statement on fileNQDC

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