Retirement plan

THE FIRST TOOL CORPORATION RETIREMENT SAVINGS PLAN

Name: FIRST TOOL CORPORATION - THE FIRST TOOL CORPORATION RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: FIRST TOOL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE FIRST TOOL CORPORATION RETIREMENT SAVINGS PLAN, FIRST TOOL CORPORATION

FIRST TOOL CORPORATIONEIN 31-0724208Plan #001PY 2017

3327 ELKTON AVENUE - DAYTON, OH 45403937-254-6197

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$7.4M

+1.3% from 2016

Total participants

151

-14.2% from 2016

Average account balance

$49,441

+18.2% from 2016

Annual return

12.88%

+4.86 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

$8.66M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

133

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.

95.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$486K

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

+10.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$355

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 1 by compensation

Provider	Service type	Compensation
EPIC RETIREMENT PLAN SERVICES3+ years Filed as: THE RETIREMENT PLAN COMPANY LLC Service code 24 · EIN 38-3712991	Discretionary Trustee	$18,721

Plan features & details

Pension benefit codes2A2E2F2G2J3D3F3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$5K

$36 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.063%

all-in expense ratio

Categories reported

0 / 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: KENTNER SELLERS, LLP
Auditor EIN: 310787612
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$49,441

$64,909-23.8%

$82,312-39.9%

$62,293-20.6%

Participation rate

99.2%

74.9%+24.4pp

76.9%+22.3pp

69.5%+29.7pp

Annual return

12.88%

21.18%-8.3pp

25.88%-13.0pp

28.90%-16.0pp

Employer contribution / active EE

$1,462

$1,676-12.8%

$2,428-39.8%

$2,042-28.4%

Participant deferral / active EE

$3,692

$3,103+19.0%

$3,706-0.4%

$3,169+16.5%

Admin fee / account holder

$31

$440-92.9%

$5,608-99.4%

$479-93.5%

Provider

Service type

Compensation

EPIC RETIREMENT PLAN SERVICES3+ years

Filed as: THE RETIREMENT PLAN COMPANY LLC

Service code 24 · EIN 38-3712991

Discretionary Trustee

$18,721

THE FIRST TOOL CORPORATION RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE FIRST TOOL CORPORATION 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