Retirement plan

GENERANT COMPANY, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: GENERANT COMPANY, INC. - GENERANT COMPANY, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: GENERANT COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GENERANT COMPANY, INC. 401(K) PROFIT SHARING PLAN AND TRUST, GENERANT COMPANY, INC.

GENERANT COMPANY, INC.EIN 22-1730345Plan #001PY 2016

P.O. BOX 768, 1865 ROUTE 23 SOUTH - BUTLER, NJ 074050768973-838-6500generant.comLinkedIn51-200 employeesmechanical or industrial engineering

Other plans on this EIN

1 filing

#002Retirement-$11.0M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$6M

No prior year

Total participants

133

No prior year

Average account balance

$53,848

No prior year

Annual return

5.19%

No prior year

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.29M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

141

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.

83.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$596K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+26.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$197

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 2 by compensation

Provider	Service type	Compensation
CAMBRIDGE INVESTMENT RESEARCH1+ years Filed as: CAMBRIDGE INVESTMENT RESEARCH, INC. Service code 55 · EIN 42-1445429 296 CHESTNUT ST STE B · MEADVILLE, PA 16335	Other Commissions	$9,635
AMERICAN FUNDS1+ years Filed as: CAPITAL RESEARCH & MANAGEMENT CO Service code 64 · EIN 20-3691658 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$512

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$4K

$33 / participant

Contract admin$4K100.0%

% of EOY assets

0.071%

all-in expense ratio

Categories reported

1 / 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: SOBEL & CO. LLC
Auditor EIN: 221430039
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,848

$60,165-10.5%

$74,184-27.4%

$55,167-2.4%

Participation rate

83.6%

74.2%+9.4pp

76.6%+7.0pp

69.0%+14.6pp

Annual return

5.19%

10.00%-4.8pp

17.74%-12.5pp

169.23%-164.0pp

Employer contribution / active EE

$1,600-100.0%

$2,370-100.0%

$1,963-100.0%

Participant deferral / active EE

$3,046

$2,973+2.5%

$3,550-14.2%

$3,054-0.3%

Admin fee / account holder

$38

$419-90.9%

$5,586-99.3%

$504-92.5%

Provider

Service type

Compensation

CAMBRIDGE INVESTMENT RESEARCH1+ years

Filed as: CAMBRIDGE INVESTMENT RESEARCH, INC.

Service code 55 · EIN 42-1445429

296 CHESTNUT ST STE B · MEADVILLE, PA 16335

Other Commissions

$9,635

AMERICAN FUNDS1+ years

Filed as: CAPITAL RESEARCH & MANAGEMENT CO

Service code 64 · EIN 20-3691658

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$512

GENERANT COMPANY, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GENERANT COMPANY, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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