Retirement plan

INGERSOLL MACHINE TOOLS, INC. 401(K) PROFIT SHARING PLAN

Name: INGERSOLL MACHINE TOOLS, INC. - INGERSOLL MACHINE TOOLS, INC. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: INGERSOLL MACHINE TOOLS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INGERSOLL MACHINE TOOLS, INC. 401(K) PROFIT SHARING PLAN, INGERSOLL MACHINE TOOLS, INC.

INGERSOLL MACHINE TOOLS, INC.EIN 20-0198155Plan #001PY 2017

707 FULTON AVE. - ROCKFORD, IL 61103815-987-6000en.machinetools.camozzi.comLinkedIn51-200 employeesaviation & aerospace

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$18.4M

+22.6% from 2016

Total participants

234

+2.6% from 2016

Average account balance

$80,202

+21.0% from 2016

Annual return

19.67%

+9.17 pp from 2016

Benchmarks

See 4,147 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,147 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.05M

Not enough data

1 years with asset history on file

Average account balance

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

$130K

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.

177

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.

61.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$978K

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

+10.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$59

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

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
MUTUAL OF AMERICA INVESTMENT CORP3+ years Filed as: MUTUAL OF AMERICA LIFE INS. COMPANY Service code 13 320 PARK AVE. · NEW YORK, NY 10022	Contract Administrator	$1,635

Plan features & details

Pension benefit codes2E2G2J2T

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.
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.
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.

Opportunity flags

0 tripped

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

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: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$80,202

$64,909+23.6%

$82,312-2.6%

$62,293+28.7%

Participation rate

96.7%

74.9%+21.8pp

76.9%+19.8pp

69.5%+27.2pp

Annual return

19.67%

21.18%-1.5pp

25.88%-6.2pp

28.90%-9.2pp

Employer contribution / active EE

$1,822

$1,676+8.7%

$2,428-25.0%

$2,042-10.8%

Participant deferral / active EE

$5,924

$3,103+90.9%

$3,706+59.8%

$3,169+86.9%

Admin fee / account holder

$440-100.0%

$5,608-100.0%

$479-100.0%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP3+ years

Filed as: MUTUAL OF AMERICA LIFE INS. COMPANY

Service code 13

320 PARK AVE. · NEW YORK, NY 10022

Contract Administrator

$1,635

INGERSOLL MACHINE TOOLS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

INGERSOLL MACHINE TOOLS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion