Retirement plan

THE ASSOCIATED BENEFITS CORPORATION THRIFT PLAN

Name: CARLSON SYSTEMS HOLDINGS, INC. - THE ASSOCIATED BENEFITS CORPORATION THRIFT PLAN (2016) Form 5500
Creator: CARLSON SYSTEMS HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ASSOCIATED BENEFITS CORPORATION THRIFT PLAN, CARLSON SYSTEMS HOLDINGS, INC.

CARLSON SYSTEMS HOLDINGS, INC.EIN 27-0815326Plan #001PY 2016

10840 HARNEY ST - OMAHA, NE 681542638402-593-5334southerncarlson.comLinkedIn1001-5000 employeesbuilding materials

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$27.5M

+10.9% from 2015

Total participants

410

+1.0% from 2015

Average account balance

$90,492

+5.4% from 2015

Annual return

12.24%

+11.54 pp from 2015

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

$93.13M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

1,631

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.

90.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.96M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$145

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
ASSOCIATED BENEFITS CORPORATION2+ years Service code 14 · EIN 42-1279416	Plan Administrator	$20,170
WELLS FARGO BANK, N.A.2+ years Service code 15 · EIN 94-1347393	Recordkeeping	$9,578
DODGE & COX2+ years Filed as: DODGE & COX C/O BOSTON FINANCIAL Service code 19 PO BOX 8422 · BOSTON, MA 022668422	Securities Custodian	$0

Plan features & details

Pension benefit codes2F2G2J2E3H2S2K

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$30K

$89 / participant

Contract admin$20K67.8%
Other / not subdivided$10K32.2%

% of EOY assets

0.108%

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: DELOITTE & TOUCHE LLP
Auditor EIN: 133891517
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$90,492

$63,905+41.6%

$74,184+22.0%

$57,658+56.9%

Participation rate

68.4%

79.8%-11.4pp

76.6%-8.3pp

70.2%-1.9pp

Annual return

12.24%

60.60%-48.4pp

17.74%-5.5pp

5.13%+7.1pp

Employer contribution / active EE

$1,225

$1,840-33.4%

$2,370-48.3%

$1,974-37.9%

Participant deferral / active EE

$3,489

$3,448+1.2%

$3,550-1.7%

$3,061+14.0%

Admin fee / account holder

$98

$91+7.4%

$5,586-98.2%

$95+3.5%

Provider

Service type

Compensation

ASSOCIATED BENEFITS CORPORATION2+ years

Service code 14 · EIN 42-1279416

Plan Administrator

$20,170

WELLS FARGO BANK, N.A.2+ years

Service code 15 · EIN 94-1347393

Recordkeeping

$9,578

DODGE & COX2+ years

Filed as: DODGE & COX C/O BOSTON FINANCIAL

Service code 19

PO BOX 8422 · BOSTON, MA 022668422

Securities Custodian

THE ASSOCIATED BENEFITS CORPORATION THRIFT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ASSOCIATED BENEFITS CORPORATION THRIFT 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