Retirement plan

ACUTEC PRECISION MACHINING, INC. 401(K) PROFIT SHARING PLAN

Name: ACUTEC PRECISION MACHINING, INC. - ACUTEC PRECISION MACHINING, INC. 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: ACUTEC PRECISION MACHINING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACUTEC PRECISION MACHINING, INC. 401(K) PROFIT SHARING PLAN, ACUTEC PRECISION MACHINING, INC.

ACUTEC PRECISION MACHINING, INC.EIN 25-1576100Plan #001PY 2015

16891 STATE HIGHWAY 198 - SAEGERTOWN, PA 16433814-336-7246acutecprecision.comLinkedIn201-500 employeesaviation & aerospace

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$11.4M

No prior year

Total participants

526

No prior year

Average account balance

$24,128

No prior year

Annual return

6.15%

No prior year

Benchmarks

See 2,226 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,226 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.67M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

472

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.

90.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.03M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$314

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 3 by compensation

Provider	Service type	Compensation
NORTHWESTERN MUTUAL INVESTMENT SERV1+ years Filed as: NORTHWESTERN MUTUAL INVESTMENT SVCS Service code 55 720 E. WISCONSIN AVENUE · MILWAUKEE, WI 53202	Other Commissions	$30,972
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: GREAT WEST LIFE & ANNUITY INS CO. Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$21,154
METRO BENEFITS, INC.1+ years Service code 13 8150 PERRY HIGHWAY · PITTSBURGH, PA 15237	Contract Administrator	$9,941

Plan features & details

Pension benefit codes2E2F2G2J2K2S3D3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$19K

$40 / participant

Contract admin$19K100.0%

% of EOY assets

0.164%

all-in expense ratio

Categories reported

1 / 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: HILL BARTH & KING LLC
Auditor EIN: 341897225
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,128

$72,770-66.8%

$67,652-64.3%

$55,191-56.3%

Participation rate

88.9%

78.8%+10.2pp

75.7%+13.3pp

69.2%+19.8pp

Annual return

6.15%

-3.26%+9.4pp

6625.40%-6619.2pp

10.78%-4.6pp

Employer contribution / active EE

$898

$1,769-49.3%

$2,266-60.4%

$1,899-52.7%

Participant deferral / active EE

$1,722

$3,408-49.5%

$3,560-51.6%

$3,046-43.5%

Admin fee / account holder

$40

$79-49.8%

$4,821-99.2%

$91-56.4%

Provider

Service type

Compensation

NORTHWESTERN MUTUAL INVESTMENT SERV1+ years

Filed as: NORTHWESTERN MUTUAL INVESTMENT SVCS

Service code 55

720 E. WISCONSIN AVENUE · MILWAUKEE, WI 53202

Other Commissions

$30,972

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: GREAT WEST LIFE & ANNUITY INS CO.

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$21,154

METRO BENEFITS, INC.1+ years

Service code 13

8150 PERRY HIGHWAY · PITTSBURGH, PA 15237

Contract Administrator

$9,941

ACUTEC PRECISION MACHINING, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACUTEC PRECISION MACHINING, INC. 401(K) PROFIT SHARING 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