Retirement plan

ADVICS 401(K) PLAN

Name: ADVICS NORTH AMERICA, INC. - ADVICS 401(K) PLAN (2021) Form 5500
Creator: ADVICS NORTH AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADVICS 401(K) PLAN, ADVICS NORTH AMERICA, INC.

ADVICS NORTH AMERICA, INC.EIN 30-0022045Plan #001PY 2021

1650 KINGSVIEW DRIVE - LEBANON, OH 45036513-696-5450advics-na.comLinkedIn1001-5000 employeesautomotive

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed January 7, 2013

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)

$159M

+15.7% from 2020

Total participants

1,957

+1.9% from 2020

Average account balance

$81,353

+12.4% from 2020

Annual return

13.24%

-0.98 pp from 2020

Benchmarks

See 773 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort773 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$173.60M

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

1,927

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.

96.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+11.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$184

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
PRUDENTIAL RETIREMENT INSURANCE AND7+ years Service code 13 · EIN 06-1050034	Contract Administrator	$324,584
SAGEVIEW ADVISORY GROUP, LLC2 years Service code 27 · EIN 33-0818667	Advisory (Plan)	$41,200
THOMPSON HINE5 years Service code 29 · EIN 34-0575300	Legal	$15,556
MCM CPAS & ADVISORS LLP1 year Filed as: MCM CPAS& ADVISORS LLP Service code 10 · EIN 27-1235638	Accounting	$11,530
ADP BROKER-DEALER1 year Filed as: ADP INC. Service code 15 · EIN 13-3036745	Recordkeeping	$9,300
PRUDENTIAL RETIREMENT INSURANCE AND2 years Filed as: PRUDENTIAL INSURANCE COMPANY OF AME Service code 15	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D3H

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$411K

$250 / participant

Other / not subdivided$411K100.0%

% of EOY assets

0.259%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MCM CPAS & ADVISORS LLP
Auditor EIN: 271235638
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$81,353

$144,879-43.8%

$111,308-26.9%

$93,010-12.5%

Participation rate

99.8%

86.1%+13.7pp

77.3%+22.5pp

73.9%+25.9pp

Annual return

13.24%

18.11%-4.9pp

54.67%-41.4pp

158.70%-145.5pp

Employer contribution / active EE

$4,455

$3,052+46.0%

$2,732+63.1%

$2,705+64.7%

Participant deferral / active EE

$4,008

$5,576-28.1%

$4,487-10.7%

$4,561-12.1%

Admin fee / account holder

$210

$104+103.2%

$7,965-97.4%

$152+38.7%

Provider

Service type

Compensation

PRUDENTIAL RETIREMENT INSURANCE AND7+ years

Service code 13 · EIN 06-1050034

Contract Administrator

$324,584

SAGEVIEW ADVISORY GROUP, LLC2 years

Service code 27 · EIN 33-0818667

Advisory (Plan)

$41,200

THOMPSON HINE5 years

Service code 29 · EIN 34-0575300

Legal

$15,556

MCM CPAS & ADVISORS LLP1 year

Filed as: MCM CPAS& ADVISORS LLP

Service code 10 · EIN 27-1235638

Accounting

$11,530

ADP BROKER-DEALER1 year

Filed as: ADP INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$9,300

PRUDENTIAL RETIREMENT INSURANCE AND2 years

Filed as: PRUDENTIAL INSURANCE COMPANY OF AME

Service code 15

Recordkeeping

ADVICS 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADVICS 401(K) 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