Retirement plan

BERWIND CORPORATION 401(K) SAVINGS PLAN

Name: BERWIND CORPORATION - BERWIND CORPORATION 401(K) SAVINGS PLAN (2016) Form 5500
Creator: BERWIND CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BERWIND CORPORATION 401(K) SAVINGS PLAN, BERWIND CORPORATION

BERWIND CORPORATIONEIN 23-0406815Plan #011PY 2016

3000 CENTRE SQ W 1500 MARKET STREET - PHILADELPHIA, PA 191022173215-563-2800berwind.comLinkedIn1-10 employeesconsumer goods

Other plans on this EIN

1 filing

#001Retirement-$66.0M assets

Prospect flagsLow employer contribution

Top hat statement on fileNQDC

Filed March 22, 2016 (most recent of 6 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

3000 Centre Square West, 1500 Market Street

Philadelphia State: PA Zip Code: 19102

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Plans declared (1)

Berwind Corporation Retention and Incentive Award for Specified Employee1 emp

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Total assets (EOY)

$21.9M

+13.7% from 2015

Total participants

130

+2.4% from 2015

Average account balance

$172,235

+10.1% from 2015

Annual return

10.27%

+10.33 pp from 2015

Benchmarks

See 7,671 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,671 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$48.62M

Not enough data

1 years with asset history on file

Average account balance

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

$291K

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.

167

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.49M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+17.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.2+ years Service code 15 · EIN 23-1945930	Recordkeeping	$1,572

Plan features & details

Pension benefit codes2E2F2G2J2K3H

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.
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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2K

$17 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.007%

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: ERNST & YOUNG LLP
Auditor EIN: 346565596
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$172,235

$87,834+96.1%

$133,975+28.6%

$62,881+173.9%

Participation rate

96.6%

83.4%+13.3pp

87.1%+9.6pp

69.3%+27.3pp

Annual return

10.27%

12.05%-1.8pp

29.29%-19.0pp

20.14%-9.9pp

Employer contribution / active EE

$904

$3,482-74.0%

$5,211-82.7%

$2,281-60.4%

Participant deferral / active EE

$9,913

$4,812+106.0%

$6,282+57.8%

$3,203+209.5%

Admin fee / account holder

$12

$5,372-99.8%

$9,324-99.9%

$4,296-99.7%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.2+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$1,572

BERWIND CORPORATION 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BERWIND CORPORATION 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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