Retirement plan

SALARY SAVINGS PLAN FOR EMPLOYEES OF BOBST NORTH AMERICA

Name: BOBST NORTH AMERICA, INC. - SALARY SAVINGS PLAN FOR EMPLOYEES OF BOBST NORTH AMERICA (2022) Form 5500
Creator: BOBST NORTH AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SALARY SAVINGS PLAN FOR EMPLOYEES OF BOBST NORTH AMERICA, BOBST NORTH AMERICA, INC.

BOBST NORTH AMERICA, INC.EIN 22-2210537Plan #002PY 2022

10 WATERVIEW BLVD STE 100 - PARSIPPANY, NJ 070547605975-226-8000LinkedIn1-10 employeeselectrical/electronic manufacturing

Prospect flagsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$97.1M

-18.2% from 2021

Total participants

371

+10.1% from 2021

Average account balance

$288,895

-19.2% from 2021

Annual return

-16.24%

-28.36 pp from 2021

Benchmarks

See 2,389 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,389 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$115.86M

Not enough data

1 years with asset history on file

Average account balance

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

$335K

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.

346

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.

98.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.71M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+14.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$299

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
THE VANGUARD GROUP, INC.6 years Service code 15 · EIN 23-1945930 P.O. BOX 2900 · VALLEY FORGE, PA 194822900	Recordkeeping	$0
THE VANGUARD GROUP, INC.1 year Filed as: VANGUARD ADVISERS, INC Service code 26 · EIN 23-2811930 P.O. BOX 2900 · VALLEY FORGE, PA 194822900	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$81K

$298 / participant

Investment mgmt$81K100.0%

% of EOY assets

0.084%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: COHNREZNICK LLP
Auditor EIN: 221478099
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$288,895

$72,303+299.6%

$86,698+233.2%

$64,819+345.7%

Participation rate

87.1%

80.4%+6.7pp

76.6%+10.5pp

71.5%+15.7pp

Annual return

-16.24%

392.77%-409.0pp

35.95%-52.2pp

32.84%-49.1pp

Employer contribution / active EE

$4,133

$2,393+72.7%

$2,837+45.7%

$2,507+64.9%

Participant deferral / active EE

$8,326

$4,660+78.7%

$4,656+78.8%

$4,311+93.1%

Admin fee / account holder

$241

$174+38.8%

$7,493-96.8%

$188+28.5%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.6 years

Service code 15 · EIN 23-1945930

P.O. BOX 2900 · VALLEY FORGE, PA 194822900

Recordkeeping

THE VANGUARD GROUP, INC.1 year

Filed as: VANGUARD ADVISERS, INC

Service code 26 · EIN 23-2811930

P.O. BOX 2900 · VALLEY FORGE, PA 194822900

Advisory (Participants)

SALARY SAVINGS PLAN FOR EMPLOYEES OF BOBST NORTH AMERICA

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SALARY SAVINGS PLAN FOR EMPLOYEES OF BOBST NORTH AMERICA

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