Retirement plan

INSULFAB PLASTICS, INC. 401(K) RETIREMENT SAVINGS PROGRAM

Name: INSULFAB PLASTICS, INC. - INSULFAB PLASTICS, INC. 401(K) RETIREMENT SAVINGS PROGRAM (2017) Form 5500
Creator: INSULFAB PLASTICS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INSULFAB PLASTICS, INC. 401(K) RETIREMENT SAVINGS PROGRAM, INSULFAB PLASTICS, INC.

INSULFAB PLASTICS, INC.EIN 22-1474026Plan #002PY 2017

834 HAYNE STREET - SPARTANBURG, SC 29305864-582-7506insulfab.comLinkedIn51-200 employeesplastics

Other plans on this EIN

1 filing

#001Retirement-$7.1M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$5.2M

+13.3% from 2016

Total participants

126

0.0% from 2016

Average account balance

$69,794

+17.9% from 2016

Annual return

16.45%

+7.56 pp from 2016

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.76M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

61.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$637K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4346

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

Top 2 by compensation

Provider	Service type	Compensation
PURSHE KAPLAN STERLING INV3+ years Service code 55 · EIN 13-3749682	Other Commissions	$14,997
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 60 · EIN 04-2647786	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2J2G2T3D

Plan features

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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

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: DIXON HUGHES GOODMAN LLP
Auditor EIN: 560747981
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$69,794

$63,314+10.2%

$91,004-23.3%

$62,293+12.0%

Participation rate

54.9%

73.3%-18.5pp

75.6%-20.7pp

69.5%-14.6pp

Annual return

16.45%

21.00%-4.5pp

4.60%+11.9pp

28.90%-12.4pp

Employer contribution / active EE

$852

$1,807-52.9%

$2,456-65.3%

$2,042-58.3%

Participant deferral / active EE

$1,807

$2,944-38.6%

$3,548-49.1%

$3,169-43.0%

Admin fee / account holder

$468-100.0%

$5,417-100.0%

$479-100.0%

Provider

Service type

Compensation

PURSHE KAPLAN STERLING INV3+ years

Service code 55 · EIN 13-3749682

Other Commissions

$14,997

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 60 · EIN 04-2647786

Sub-TA Fees

INSULFAB PLASTICS, INC. 401(K) RETIREMENT SAVINGS PROGRAM

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INSULFAB PLASTICS, INC. 401(K) RETIREMENT SAVINGS PROGRAM

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