Retirement plan

HETTICH AMERICA L.P 401(K) PLAN

Name: HETTICH AMERICA L.P. - HETTICH AMERICA L.P 401(K) PLAN (2021) Form 5500
Creator: HETTICH AMERICA L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HETTICH AMERICA L.P 401(K) PLAN, HETTICH AMERICA L.P.

HETTICH AMERICA L.P.EIN 22-2965482Plan #001PY 2021

4295 HAMILTON MILL ROAD, STE 400 - BUFORD, GA 30518800-777-1772LinkedIn51-200 employeesfurniture

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.2M

+34.9% from 2020

Total participants

+5.3% from 2020

Average account balance

$52,787

+28.1% from 2020

Annual return

29.36%

+25.83 pp from 2020

Benchmarks

See 9,036 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,036 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.95M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

126.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$486K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+14.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2428

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
CETERA ADVISOR NETWORKS LLC1 year Filed as: CETERA INVESTMENT ADVISERS, LLC Service code 26 500 SUN VALLEY DRIVE · ROSWELL, GA 30076	Advisory (Participants)	$18,929
NEWPORT GROUP, INC.4 years Service code 15 · EIN 27-2037969	Recordkeeping	$14,446

Plan features & details

Pension benefit codes2E2F2G2J2T3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$35K

$469 / participant

Investment mgmt$19K53.8%
Contract admin$14K41.1%
Other / not subdivided$2K5.1%

% of EOY assets

0.843%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RESJ, P.C.
Auditor EIN: 582647076
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,787

$99,994-47.2%

$146,647-64.0%

$85,851-38.5%

Participation rate

73.3%

73.1%+0.3pp

80.1%-6.7pp

69.3%+4.0pp

Annual return

29.36%

18.93%+10.4pp

22.75%+6.6pp

318.63%-289.3pp

Employer contribution / active EE

$2,188

$2,559-14.5%

$4,137-47.1%

$2,565-14.7%

Participant deferral / active EE

$4,208

$4,006+5.0%

$5,506-23.6%

$3,952+6.5%

Admin fee / account holder

$445

$7,703-94.2%

$10,281-95.7%

$6,261-92.9%

Provider

Service type

Compensation

CETERA ADVISOR NETWORKS LLC1 year

Filed as: CETERA INVESTMENT ADVISERS, LLC

Service code 26

500 SUN VALLEY DRIVE · ROSWELL, GA 30076

Advisory (Participants)

$18,929

NEWPORT GROUP, INC.4 years

Service code 15 · EIN 27-2037969

Recordkeeping

$14,446

HETTICH AMERICA L.P 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HETTICH AMERICA L.P 401(K) 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