Retirement plan

VIKING PUMP, INC. SAVINGS PLAN FOR MOLDERS LOCAL 459

Name: VIKING PUMP, INC., A UNIT OF IDEX CORPORATION - VIKING PUMP, INC. SAVINGS PLAN FOR MOLDERS LOCAL 459 (2021) Form 5500
Creator: VIKING PUMP, INC., A UNIT OF IDEX CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VIKING PUMP, INC. SAVINGS PLAN FOR MOLDERS LOCAL 459, VIKING PUMP, INC., A UNIT OF IDEX CORPORATION

VIKING PUMP, INC., A UNIT OF IDEX CORPORATIONEIN 13-3372066Plan #049PY 2021

3100 SANDERS ROAD, SUITE 301 - NORTHBROOK, IL 60062847-498-7070LinkedIn51-200 employeesmachinery

Other plans on this EIN

1 filing

#050Retirement-$14.0M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$3.7M

-14.0% from 2020

Total participants

-21.8% from 2020

Average account balance

$89,269

+10.5% from 2020

Annual return

3.90%

-3.40 pp from 2020

Benchmarks

See 14,566 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,566 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.25M

Not enough data

1 years with asset history on file

Average account balance

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

$96K

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.

125.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$141K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11877

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3H

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$935K

$32242 / participant

Other / not subdivided$935K100.0%

% of EOY assets

24.938%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$89,269

$86,288+3.5%

$111,306-19.8%

$85,851+4.0%

Participation rate

96.6%

73.3%+23.2pp

77.3%+19.2pp

69.3%+27.2pp

Annual return

3.90%

19.99%-16.1pp

54.67%-50.8pp

318.63%-314.7pp

Employer contribution / active EE

$2,044-100.0%

$2,732-100.0%

$2,565-100.0%

Participant deferral / active EE

$5,078

$3,641+39.5%

$4,488+13.2%

$3,952+28.5%

Admin fee / account holder

$22,262

$8,189+171.9%

$7,966+179.5%

$6,261+255.6%

VIKING PUMP, INC. SAVINGS PLAN FOR MOLDERS LOCAL 459

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VIKING PUMP, INC. SAVINGS PLAN FOR MOLDERS LOCAL 459

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