Retirement plan

MELITTA USA, INC. UNION EMPLOYEES 401K PLAN

Name: MELITTA NORTH AMERICA, INC. - MELITTA USA, INC. UNION EMPLOYEES 401K PLAN (2017) Form 5500
Creator: MELITTA NORTH AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MELITTA USA, INC. UNION EMPLOYEES 401K PLAN, MELITTA NORTH AMERICA, INC.

MELITTA NORTH AMERICA, INC.EIN 22-1732130Plan #001PY 2017

13925 58TH STREET NORTH - CLEARWATER, FL 33760727-524-4813melitta.comLinkedIn51-200 employeesconsumer goods

Other plans on this EIN

1 filing

#004Retirement-$16.2M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.4M

-90.2% from 2016

Total participants

-82.1% from 2016

Average account balance

$39,057

-47.6% from 2016

Annual return

15.67%

+7.90 pp from 2016

Benchmarks

See 2,342 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,342 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.66M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

136.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$142K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7030

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$39K

$1307 / participant

Other / not subdivided$39K100.0%

% of EOY assets

2.867%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,057

$56,544-30.9%

$75,501-48.3%

$70,124-44.3%

Participation rate

100.0%

68.1%+31.9pp

72.4%+27.6pp

69.5%+30.5pp

Annual return

15.67%

23.59%-7.9pp

27.35%-11.7pp

73.14%-57.5pp

Employer contribution / active EE

$560

$1,817-69.2%

$2,352-76.2%

$2,342-76.1%

Participant deferral / active EE

$1,114

$2,580-56.8%

$3,142-64.5%

$3,332-66.6%

Admin fee / account holder

$1,120

$3,827-70.7%

$5,801-80.7%

$4,645-75.9%

MELITTA USA, INC. UNION EMPLOYEES 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MELITTA USA, INC. UNION EMPLOYEES 401K PLAN

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