Retirement plan

PROCESS EQUIPMENT GROUP 401(K) SAVINGS PLAN

Name: HILLENBRAND, INC. - PROCESS EQUIPMENT GROUP 401(K) SAVINGS PLAN (2016) Form 5500
Creator: HILLENBRAND, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROCESS EQUIPMENT GROUP 401(K) SAVINGS PLAN, HILLENBRAND, INC.

HILLENBRAND, INC.EIN 26-1342272Plan #007PY 2016

ONE BATESVILLE BOULEVARD - BATESVILLE, IN 47006812-934-7500hillenbrand.comLinkedIn5001-10000 employeesindustrial automation

Other plans on this EIN

3 filings

#001Retirement-$241.0M assets #006Retirement-$201.9M assets #012Retirement--

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed July 1, 2010 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$98.7M

-6.1% from 2016

Total participants

1,036

-28.2% from 2016

Average account balance

$97,050

+30.3% from 2016

Annual return

16.11%

+10.07 pp from 2016

Benchmarks

See 2,356 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,356 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$545.09M

Not enough data

1 years with asset history on file

Average account balance

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

$129K

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.

4,229

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.

93.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$26.37M

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

+10.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$53

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 6 by compensation

Provider	Service type	Compensation
KATZ, SAPPER & MILLER1 year Filed as: KATZ SAPPER & MILLER Service code 10 · EIN 35-1090346	Accounting	$39,925
PRUDENTIAL RETIREMENT INSURANCE AND2+ years Filed as: PRUDENTIAL INSURANCE COMPANY Service code 28 · EIN 22-1211670	Investment Management	$37,138
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 37 · EIN 04-2647786	Loan Processing	$36,185
AON CONSULTING2+ years Filed as: AON HEWITT Service code 16 100 HALF DAY ROAD · LINCOLNSHIRE, IL 60069	Consulting	$27,187
STRATEGIC ADVISORS, INC.2+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$11,456
PRUDENTIAL RETIREMENT INSURANCE AND2+ years Filed as: PRUDENTIAL TRUST Service code 28 · EIN 23-6694310	Investment Management	$10,366

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

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.
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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$83K

$116 / participant

Investment mgmt$11K13.8%
Other / not subdivided$72K86.2%

% of EOY assets

0.084%

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: KATZ SAPPER & MILLER LLP
Auditor EIN: 351090346
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$97,050

$63,905+51.9%

$74,184+30.8%

$57,661+68.3%

Participation rate

97.4%

79.8%+17.6pp

76.6%+20.7pp

70.2%+27.1pp

Annual return

16.11%

60.60%-44.5pp

17.74%-1.6pp

5.13%+11.0pp

Employer contribution / active EE

$4,219

$1,840+129.2%

$2,370+78.0%

$1,974+113.7%

Participant deferral / active EE

$5,142

$3,448+49.1%

$3,550+44.9%

$3,061+68.0%

Admin fee / account holder

$82

$91-10.2%

$5,586-98.5%

$95-13.5%

Provider

Service type

Compensation

KATZ, SAPPER & MILLER1 year

Filed as: KATZ SAPPER & MILLER

Service code 10 · EIN 35-1090346

Accounting

$39,925

PRUDENTIAL RETIREMENT INSURANCE AND2+ years

Filed as: PRUDENTIAL INSURANCE COMPANY

Service code 28 · EIN 22-1211670

Investment Management

$37,138

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 37 · EIN 04-2647786

Loan Processing

$36,185

AON CONSULTING2+ years

Filed as: AON HEWITT

Service code 16

100 HALF DAY ROAD · LINCOLNSHIRE, IL 60069

Consulting

$27,187

STRATEGIC ADVISORS, INC.2+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$11,456

PRUDENTIAL RETIREMENT INSURANCE AND2+ years

Filed as: PRUDENTIAL TRUST

Service code 28 · EIN 23-6694310

Investment Management

$10,366

PROCESS EQUIPMENT GROUP 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROCESS EQUIPMENT GROUP 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

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