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 (2018) 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 2018

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)

$17M

-7.5% from 2017

Total participants

241

+3.0% from 2017

Average account balance

$71,358

-11.0% from 2017

Annual return

-3.40%

-23.08 pp from 2017

Benchmarks

See 4,209 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,209 peers

Snapshot2018

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 CORP4+ years Filed as: MUTUAL OF AMERICA LIFE INS. COMPANY Service code 13 320 PARK AVE. · NEW YORK, NY 10022	Contract Administrator	$1,605

Plan features & details

Pension benefit codes2E2F2G2J2T

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.
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

$71,358

$59,191+20.6%

$76,767-7.0%

$56,289+26.8%

Participation rate

98.1%

75.2%+22.8pp

77.0%+21.1pp

69.9%+28.2pp

Annual return

-3.40%

6.62%-10.0pp

2.43%-5.8pp

-9.96%+6.6pp

Employer contribution / active EE

$1,660

$1,759-5.6%

$2,485-33.2%

$2,111-21.4%

Participant deferral / active EE

$5,821

$3,255+78.8%

$3,852+51.1%

$3,350+73.8%

Admin fee / account holder

$489-100.0%

$6,675-100.0%

$521-100.0%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP4+ years

Filed as: MUTUAL OF AMERICA LIFE INS. COMPANY

Service code 13

320 PARK AVE. · NEW YORK, NY 10022

Contract Administrator

$1,605

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