Retirement plan

GREAT LAKES CASTINGS, LLC RETIREMENT SAVINGS PLAN

Name: GREAT LAKES CASTINGS, LLC - GREAT LAKES CASTINGS, LLC RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: GREAT LAKES CASTINGS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREAT LAKES CASTINGS, LLC RETIREMENT SAVINGS PLAN, GREAT LAKES CASTINGS, LLC

GREAT LAKES CASTINGS, LLCEIN 30-0784324Plan #001PY 2017

800 NORTH WASHINGTON AVENUE - LUDINGTON, MI 49431231-843-2501greatlakescastings.comLinkedIn201-500 employeesmachinery

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$12.2M

+10.6% from 2016

Total participants

244

-0.4% from 2016

Average account balance

$51,466

+5.5% from 2016

Annual return

16.28%

+9.89 pp from 2016

Benchmarks

See 4,147 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,147 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.25M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

238

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.

97.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$780K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+9.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$322

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 4 by compensation

Provider	Service type	Compensation
CAPFINANCIAL PARTNERS LLC3+ years Service code 27 4208 SIX FORKS RD, SUITE 1700 · RALEIGH, NC 27609	Advisory (Plan)	$21,589
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Filed as: GREAT WEST LIFE & ANNUITY INS CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$12,809
CBIZ RETIREMENT PLAN SERVICES3+ years Service code 13 13680 CLEVELAND AVENUE NW · UNIONTOWN, OH 44685	Contract Administrator	$10,000
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$331

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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.
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$12K

$59 / participant

Contract admin$12K100.0%

% of EOY assets

0.100%

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: REHMANN ROBSON LLC
Auditor EIN: 383635706
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,466

$64,909-20.7%

$82,313-37.5%

$62,293-17.4%

Participation rate

97.1%

74.9%+22.3pp

76.9%+20.2pp

69.5%+27.6pp

Annual return

16.28%

21.18%-4.9pp

25.88%-9.6pp

28.90%-12.6pp

Employer contribution / active EE

$2,332

$1,676+39.1%

$2,428-4.0%

$2,042+14.2%

Participant deferral / active EE

$2,955

$3,103-4.8%

$3,706-20.3%

$3,169-6.8%

Admin fee / account holder

$52

$440-88.3%

$5,608-99.1%

$479-89.2%

Provider

Service type

Compensation

CAPFINANCIAL PARTNERS LLC3+ years

Service code 27

4208 SIX FORKS RD, SUITE 1700 · RALEIGH, NC 27609

Advisory (Plan)

$21,589

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Filed as: GREAT WEST LIFE & ANNUITY INS CO

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$12,809

CBIZ RETIREMENT PLAN SERVICES3+ years

Service code 13

13680 CLEVELAND AVENUE NW · UNIONTOWN, OH 44685

Contract Administrator

$10,000

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$331

GREAT LAKES CASTINGS, LLC RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREAT LAKES CASTINGS, LLC RETIREMENT SAVINGS 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