Retirement plan

HANWHA ADVANCED MATERIALS AMERICA, LLC 401(K) RETIREMENT PLAN

Name: HANWHA ADVANCED MATERIALS AMERICA, LLC - HANWHA ADVANCED MATERIALS AMERICA, LLC 401(K) RETIREMENT PLAN (2017) Form 5500
Creator: HANWHA ADVANCED MATERIALS AMERICA, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HANWHA ADVANCED MATERIALS AMERICA, LLC 401(K) RETIREMENT PLAN, HANWHA ADVANCED MATERIALS AMERICA, LLC

HANWHA ADVANCED MATERIALS AMERICA, LLCEIN 26-0779231Plan #001PY 2017

4400 NORTHPARK DRIVE - OPELIKA, AL 368019685334-741-7725hanwhaus.comLinkedIn201-500 employeesplastics

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$7M

+29.6% from 2016

Total participants

421

-3.7% from 2016

Average account balance

$20,127

+34.8% from 2016

Annual return

15.48%

+8.19 pp from 2016

Benchmarks

See 1,232 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,232 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.30M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

306

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.

60.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.80M

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

+10.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$305

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 5 by compensation

Provider	Service type	Compensation
NATIONWIDE3+ years Service code 15 · EIN 31-4156830	Recordkeeping	$64,691
BENEFIT PROFESSIONALS, INC.3+ years Service code 16 · EIN 63-0913824	Consulting	$44,032
PROEQUITIES INC3+ years Filed as: PROEQUITIES Service code 26	Advisory (Participants)	$31,927
CLS INVESTMENTS2 years Filed as: CLS INVESTEMENTS Service code 17 · EIN 13-4109249	Pension Consulting	$2,665
PROEQUITIES INC3+ years Filed as: PROEQUITIES, INC. Service code 17 · EIN 13-4109249	Pension Consulting	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

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

$32K

$84 / participant

Other / not subdivided$32K100.0%

% of EOY assets

0.465%

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: MDA PROFESSIONAL GROUP, P.C.
Auditor EIN: 630681783
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,127

$71,666-71.9%

$117,861-82.9%

$69,631-71.1%

Participation rate

80.5%

77.5%+3.0pp

79.7%+0.9pp

70.7%+9.8pp

Annual return

15.48%

18.86%-3.4pp

335.11%-319.6pp

27571.02%-27555.5pp

Employer contribution / active EE

$1,558

$1,889-17.5%

$3,786-58.9%

$2,032-23.3%

Participant deferral / active EE

$1,950

$3,340-41.6%

$4,482-56.5%

$3,224-39.5%

Admin fee / account holder

$94

$120-22.3%

$8,021-98.8%

$110-15.3%

Provider

Service type

Compensation

NATIONWIDE3+ years

Service code 15 · EIN 31-4156830

Recordkeeping

$64,691

BENEFIT PROFESSIONALS, INC.3+ years

Service code 16 · EIN 63-0913824

Consulting

$44,032

PROEQUITIES INC3+ years

Filed as: PROEQUITIES

Service code 26

Advisory (Participants)

$31,927

CLS INVESTMENTS2 years

Filed as: CLS INVESTEMENTS

Service code 17 · EIN 13-4109249

Pension Consulting

$2,665

PROEQUITIES INC3+ years

Filed as: PROEQUITIES, INC.

Service code 17 · EIN 13-4109249

Pension Consulting

HANWHA ADVANCED MATERIALS AMERICA, LLC 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HANWHA ADVANCED MATERIALS AMERICA, LLC 401(K) RETIREMENT 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