Retirement plan

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

Name: INSULFAB PLASTICS, INC. - INSULFAB PLASTICS, INC. 401(K) RETIREMENT SAVINGS PROGRAM (2019) 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 2019

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

Other plans on this EIN

1 filing

#001Retirement-$6.4M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$6M

+19.4% from 2018

Total participants

125

-1.6% from 2018

Average account balance

$74,986

+14.9% from 2018

Annual return

21.69%

+27.79 pp from 2018

Benchmarks

See 1,981 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,981 peers

Snapshot2019

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 INV5+ years Service code 55 · EIN 13-3749682	Other Commissions	$13,496
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Service code 60 · EIN 04-2647786	Sub-TA Fees	$25

Plan features & details

Pension benefit codes2J2T3D2G

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

Admin total

$25

$0 / participant

Other / not subdivided$25100.0%

% of EOY assets

0.000%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$74,986

$66,319+13.1%

$93,621-19.9%

$65,186+15.0%

Participation rate

60.9%

74.0%-13.1pp

75.8%-15.0pp

70.2%-9.3pp

Annual return

21.69%

42.59%-20.9pp

32.76%-11.1pp

29.39%-7.7pp

Employer contribution / active EE

$1,289

$2,013-36.0%

$2,719-52.6%

$2,177-40.8%

Participant deferral / active EE

$2,455

$3,343-26.6%

$4,070-39.7%

$3,514-30.1%

Admin fee / account holder

$6,900-100.0%

$7,890-100.0%

$847-100.0%

Provider

Service type

Compensation

PURSHE KAPLAN STERLING INV5+ years

Service code 55 · EIN 13-3749682

Other Commissions

$13,496

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$25

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