Retirement plan

ITOCHU INTERNATIONAL INC. 401(K) SAVINGS PLAN

Name: ITOCHU INTERNATIONAL INC. - ITOCHU INTERNATIONAL INC. 401(K) SAVINGS PLAN (2015) Form 5500
Creator: ITOCHU INTERNATIONAL INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ITOCHU INTERNATIONAL INC. 401(K) SAVINGS PLAN, ITOCHU INTERNATIONAL INC.

ITOCHU INTERNATIONAL INC.EIN 13-1850807Plan #002PY 2015

335 MADISON AVE # 23 - NEW YORK, NY 10017212-818-8023itochu.comLinkedIn201-500 employeesinternational trade and development

Other plans on this EIN

2 filings

#003Retirement-$13.9M assets #001Retirement--

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed June 27, 2006

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.

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How to read this page

Total assets (EOY)

$102.8M

No prior year

Total participants

1,061

No prior year

Average account balance

$120,224

No prior year

Annual return

7.00%

No prior year

Benchmarks

See 1,096 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,096 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$175.83M

Not enough data

1 years with asset history on file

Average account balance

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

$260K

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.

677

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.

93.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.16M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+16.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$591

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

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Service providers

Top 7 by compensation

Provider	Service type	Compensation
THE CENTURION GROUP, LLC1+ years Service code 27 · EIN 20-8394397	Advisory (Plan)	$35,183
COHNREZNICK LLP1+ years Service code 10 · EIN 22-1478099	Accounting	$21,355
COHN REZNICK LLP1+ years Filed as: COHN REZNICK Service code 50 · EIN 22-1478099	Direct Payment	$11,838
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$11,115
THE CENTURION GROUP, LLC1+ years Filed as: THE CENTURION GROUP, LLC. Service code 27 · EIN 20-8394397	Advisory (Plan)	$8,793
THE CENTURION GROUP, LLC1+ years Filed as: THE CENTURION GROUP LLC Service code 27 · EIN 20-8394397	Advisory (Plan)	$8,778
CHERNOFF DIAMOND & CO., LLC1+ years Filed as: CHERNOFF DIAMOND Service code 10 · EIN 11-2836994	Accounting	$5,945

Plan features & details

Pension benefit codes2E2J2F2G2K3H2T

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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$68K

$87 / participant

Investment mgmt$46K67.5%
Contract admin$11K16.2%
Other / not subdivided$11K16.3%

% of EOY assets

0.067%

all-in expense ratio

Categories reported

2 / 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: COHNREZNICK LLP
Auditor EIN: 221478099
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$120,224

$57,096+110.6%

$94,229+27.6%

$55,191+117.8%

Participation rate

73.7%

75.7%-2.0pp

78.8%-5.1pp

69.2%+4.5pp

Annual return

7.00%

159.65%-152.6pp

10.68%-3.7pp

10.78%-3.8pp

Employer contribution / active EE

$1,836

$1,708+7.5%

$3,587-48.8%

$1,899-3.3%

Participant deferral / active EE

$6,220

$3,165+96.5%

$4,320+44.0%

$3,046+104.2%

Admin fee / account holder

$80

$89-10.3%

$6,269-98.7%

$91-11.9%

Provider

Service type

Compensation

THE CENTURION GROUP, LLC1+ years

Service code 27 · EIN 20-8394397

Advisory (Plan)

$35,183

COHNREZNICK LLP1+ years

Service code 10 · EIN 22-1478099

Accounting

$21,355

COHN REZNICK LLP1+ years

Filed as: COHN REZNICK

Service code 50 · EIN 22-1478099

Direct Payment

$11,838

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$11,115

THE CENTURION GROUP, LLC1+ years

Filed as: THE CENTURION GROUP, LLC.

Service code 27 · EIN 20-8394397

Advisory (Plan)

$8,793

THE CENTURION GROUP, LLC1+ years

Filed as: THE CENTURION GROUP LLC

Service code 27 · EIN 20-8394397

Advisory (Plan)

$8,778

CHERNOFF DIAMOND & CO., LLC1+ years

Filed as: CHERNOFF DIAMOND

Service code 10 · EIN 11-2836994

Accounting

$5,945

ITOCHU INTERNATIONAL INC. 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ITOCHU INTERNATIONAL INC. 401(K) SAVINGS PLAN

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