Retirement plan

SUMITOMO ELECTRIC WIRING SYSTEMS, INC. 401(K) RETIREMENT SAVINGS PLAN

Name: SUMITOMO ELECTRIC WIRING SYSTEMS, INC. - SUMITOMO ELECTRIC WIRING SYSTEMS, INC. 401(K) RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: SUMITOMO ELECTRIC WIRING SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUMITOMO ELECTRIC WIRING SYSTEMS, INC. 401(K) RETIREMENT SAVINGS PLAN, SUMITOMO ELECTRIC WIRING SYSTEMS, INC.

SUMITOMO ELECTRIC WIRING SYSTEMS, INC.EIN 13-3365815Plan #001PY 2016

1018 ASHLEY STREET - BOWLING GREEN, KY 421029031270-782-7397sewsus.comLinkedIn1001-5000 employeesautomotive

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed August 9, 1999 (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.

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Total assets (EOY)

$80.9M

+14.0% from 2015

Total participants

1,627

+8.7% from 2015

Average account balance

$49,734

+4.9% from 2015

Annual return

7.45%

+5.69 pp from 2015

Benchmarks

See 780 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort780 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$193.82M

Not enough data

1 years with asset history on file

Average account balance

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

$91K

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.

2,132

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.

95.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.19M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$192

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 4 by compensation

Provider	Service type	Compensation
PRUDENTIAL RETIREMENT INSURANCE AND2+ years Service code 13 · EIN 06-1050034	Contract Administrator	$205,711
SAGEVIEW ADVISORY GROUP, LLC2+ years Filed as: SAGEVIEW ADVISORY GROUP LLC Service code 27 · EIN 33-0818667	Advisory (Plan)	$18,000
FRASIER DEAN AND HOWARD PLLC2+ years Filed as: FRAISER, DEAN, & HOWARD, PLLC Service code 10 · EIN 62-1073578	Accounting	$10,218
KILPATRICK TOWNSEND2+ years Filed as: KILPATRICK TOWNSEND & STOCKTON, LLP Service code 29 · EIN 58-0511774	Legal	$6,113

Plan features & details

Pension benefit codes2E2T2G2H2J2K3H2S

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

$242K

$170 / participant

Other / not subdivided$242K100.0%

% of EOY assets

0.299%

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: FRAISER, DEAN & HOWARD, PLLC
Auditor EIN: 621073578
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$49,734

$80,211-38.0%

$74,184-33.0%

$63,975-22.3%

Participation rate

100.0%

84.2%+15.8pp

76.6%+23.4pp

71.1%+28.9pp

Annual return

7.45%

14.13%-6.7pp

17.74%-10.3pp

48.65%-41.2pp

Employer contribution / active EE

$1,867

$2,553-26.9%

$2,370-21.2%

$2,182-14.4%

Participant deferral / active EE

$3,162

$4,370-27.6%

$3,550-10.9%

$3,356-5.8%

Admin fee / account holder

$149

$67+121.7%

$5,586-97.3%

$70+111.5%

Provider

Service type

Compensation

PRUDENTIAL RETIREMENT INSURANCE AND2+ years

Service code 13 · EIN 06-1050034

Contract Administrator

$205,711

SAGEVIEW ADVISORY GROUP, LLC2+ years

Filed as: SAGEVIEW ADVISORY GROUP LLC

Service code 27 · EIN 33-0818667

Advisory (Plan)

$18,000

FRASIER DEAN AND HOWARD PLLC2+ years

Filed as: FRAISER, DEAN, & HOWARD, PLLC

Service code 10 · EIN 62-1073578

Accounting

$10,218

KILPATRICK TOWNSEND2+ years

Filed as: KILPATRICK TOWNSEND & STOCKTON, LLP

Service code 29 · EIN 58-0511774

Legal

$6,113

SUMITOMO ELECTRIC WIRING SYSTEMS, INC. 401(K) RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUMITOMO ELECTRIC WIRING SYSTEMS, INC. 401(K) RETIREMENT 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