Retirement plan

KTPO 401(K) PLAN FOR HOURLY EMPLOYEES

Name: KUKA TOLEDO PRODUCTION OPERATIONS, LLC - KTPO 401(K) PLAN FOR HOURLY EMPLOYEES (2021) Form 5500
Creator: KUKA TOLEDO PRODUCTION OPERATIONS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KTPO 401(K) PLAN FOR HOURLY EMPLOYEES, KUKA TOLEDO PRODUCTION OPERATIONS, LLC

KUKA TOLEDO PRODUCTION OPERATIONS, LLCEIN 30-0280986Plan #008PY 2021

3770 STICKNEY AVE - TOLEDO, OH 43608586-795-2000kukausa.comLinkedIn1-10 employees

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$36.5M

+15.9% from 2020

Total participants

366

+0.8% from 2020

Average account balance

$108,196

+10.1% from 2020

Annual return

12.87%

-0.12 pp from 2020

Benchmarks

See 2,347 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,347 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.93M

Not enough data

1 years with asset history on file

Average account balance

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

$127K

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.

291

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.

92.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.85M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$219

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
PRINCIPAL LIFE INSURANCE COMPANY2 years Service code 13 · EIN 42-0127290	Contract Administrator	$79,573
MOORE COLSON3 years Filed as: MOORE DOEREN MAYHEW Service code 10 · EIN 38-3182105	Accounting	$30,000
RBC WEALTH MANAGEMENT1 year Service code 16 · EIN 41-1416330	Consulting	$11,714

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

$82K

$241 / participant

Contract admin$80K96.5%
Other / not subdivided$3K3.5%

% of EOY assets

0.226%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MOORE DOEREN MAYHEW
Auditor EIN: 383182105
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$108,196

$185,342-41.6%

$111,308-2.8%

$86,821+24.6%

Participation rate

91.5%

81.0%+10.5pp

77.3%+14.2pp

72.3%+19.2pp

Annual return

12.87%

500.80%-487.9pp

54.67%-41.8pp

97.94%-85.1pp

Employer contribution / active EE

$4,433

$2,246+97.4%

$2,732+62.3%

$2,406+84.2%

Participant deferral / active EE

$4,227

$4,458-5.2%

$4,487-5.8%

$4,132+2.3%

Admin fee / account holder

$245

$255-4.2%

$7,965-96.9%

$170+44.3%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY2 years

Service code 13 · EIN 42-0127290

Contract Administrator

$79,573

MOORE COLSON3 years

Filed as: MOORE DOEREN MAYHEW

Service code 10 · EIN 38-3182105

Accounting

$30,000

RBC WEALTH MANAGEMENT1 year

Service code 16 · EIN 41-1416330

Consulting

$11,714

KTPO 401(K) PLAN FOR HOURLY EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KTPO 401(K) PLAN FOR HOURLY EMPLOYEES

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