Retirement plan

KTPO 401(K) PLAN FOR HOURLY EMPLOYEES

Name: KUKA TOLEDO PRODUCTION OPERATIONS, LLC - KTPO 401(K) PLAN FOR HOURLY EMPLOYEES (2022) 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 2022

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$29.9M

-18.0% from 2021

Total participants

362

-1.1% from 2021

Average account balance

$89,468

-17.3% from 2021

Annual return

-15.56%

-28.43 pp from 2021

Benchmarks

See 2,389 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,389 peers

Snapshot2022

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 COMPANY3 years Service code 13 · EIN 42-0127290	Contract Administrator	$81,922
MOORE COLSON4 years Filed as: MOORE DOEREN MAYHEW Service code 49 · EIN 38-3182105	Other Services	$14,500
RBC WEALTH MANAGEMENT2 years Service code 16 · EIN 41-1416330	Consulting	$9,371

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

$242 / participant

Contract admin$82K100.0%

% of EOY assets

0.274%

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: DOEREN MAYHEW
Auditor EIN: 382492570
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$89,468

$72,303+23.7%

$86,698+3.2%

$64,819+38.0%

Participation rate

91.7%

80.4%+11.3pp

76.6%+15.2pp

71.5%+20.3pp

Annual return

-15.56%

392.77%-408.3pp

35.95%-51.5pp

32.84%-48.4pp

Employer contribution / active EE

$4,803

$2,393+100.7%

$2,837+69.3%

$2,507+91.6%

Participant deferral / active EE

$4,200

$4,660-9.9%

$4,656-9.8%

$4,311-2.6%

Admin fee / account holder

$245

$174+41.0%

$7,493-96.7%

$188+30.6%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY3 years

Service code 13 · EIN 42-0127290

Contract Administrator

$81,922

MOORE COLSON4 years

Filed as: MOORE DOEREN MAYHEW

Service code 49 · EIN 38-3182105

Other Services

$14,500

RBC WEALTH MANAGEMENT2 years

Service code 16 · EIN 41-1416330

Consulting

$9,371

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