Retirement plan

UNIVERSAL WIRE CLOTH CO. , INC. SAVINGS AND PROTECTION PLAN

Name: UNIVERSAL WIRE CLOTH CO., INC. - UNIVERSAL WIRE CLOTH CO. , INC. SAVINGS AND PROTECTION PLAN (2017) Form 5500
Creator: UNIVERSAL WIRE CLOTH CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSAL WIRE CLOTH CO. , INC. SAVINGS AND PROTECTION PLAN, UNIVERSAL WIRE CLOTH CO., INC.

UNIVERSAL WIRE CLOTH CO., INC.EIN 23-2010063Plan #002PY 2017

USX INDUSTRIAL PARK, 6 NORTH STEEL ROAD - MORRISVILLE, PA 190673699215-736-8981universalwirecloth.comLinkedIn11-50 employeesmechanical or industrial engineering

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+3.9% from 2016

Total participants

-9.1% from 2016

Average account balance

$114,230

+22.3% from 2016

Annual return

15.73%

+9.53 pp from 2016

Benchmarks

See 3,171 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort3,171 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.23M

Not enough data

1 years with asset history on file

Average account balance

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

$148K

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.

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$47K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+15.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$627

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 codes2E2F2G2J3D

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.
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

$249K

$17809 / participant

Other / not subdivided$249K100.0%

% of EOY assets

12.839%

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

$114,230

$100,901+13.2%

$75,501+51.3%

$147,586-22.6%

Participation rate

78.6%

77.1%+1.4pp

72.4%+6.2pp

82.8%-4.3pp

Annual return

15.73%

35.78%-20.1pp

27.35%-11.6pp

578.59%-562.9pp

Employer contribution / active EE

$3,253-100.0%

$2,352-100.0%

$4,876-100.0%

Participant deferral / active EE

$1,181

$4,027-70.7%

$3,142-62.4%

$5,439-78.3%

Admin fee / account holder

$14,666

$11,285+30.0%

$5,801+152.8%

$10,886+34.7%

UNIVERSAL WIRE CLOTH CO. , INC. SAVINGS AND PROTECTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSAL WIRE CLOTH CO. , INC. SAVINGS AND PROTECTION 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