Retirement plan

FULTON/PGI 401(K) PLAN

Name: FULTON INDUSTRIES, INC. - FULTON/PGI 401(K) PLAN (2015) Form 5500
Creator: FULTON INDUSTRIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FULTON/PGI 401(K) PLAN, FULTON INDUSTRIES, INC.

FULTON INDUSTRIES, INC.EIN 31-1216640Plan #001PY 2015

100 E. WAYNE STREET, STE 320 - SOUTH BEND, IN 46601574-968-3241

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$3.7M

No prior year

Total participants

No prior year

Average account balance

$47,707

No prior year

Annual return

-0.06%

No prior year

Benchmarks

See 13,685 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort13,685 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.26M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

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.

136.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$125K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+16.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$725

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

0 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
CROWE LLP1+ years Filed as: CROWE HORWATH Service code 99 · EIN 35-0921680	Other Fees	$3,043
VOYA RETIREMENT INSURANCE & ANNUITY1+ years Filed as: VOYA RETIREMENT INS. & ANNUITY COMP Service code 26 · EIN 71-0294708	Advisory (Participants)	$2,925
MORNINGSTAR1+ years Service code 26 · EIN 36-3297908	Advisory (Participants)	$5

Plan features & details

Pension benefit codes2E2F2G2K2T3D3H

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.
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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$6K

$107 / participant

Investment mgmt$90.2%
Contract admin$3K48.9%
Other / not subdivided$3K51.0%

% of EOY assets

0.163%

all-in expense ratio

Categories reported

2 / 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: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,707

$56,197-15.1%

$67,652-29.5%

$59,633-20.0%

Participation rate

80.4%

71.5%+8.9pp

75.7%+4.7pp

68.7%+11.7pp

Annual return

-0.06%

18508.10%-18508.2pp

6625.40%-6625.5pp

2041.45%-2041.5pp

Employer contribution / active EE

$1,615-100.0%

$2,266-100.0%

$2,203-100.0%

Participant deferral / active EE

$1,897

$2,844-33.3%

$3,560-46.7%

$3,192-40.6%

Admin fee / account holder

$78

$3,958-98.0%

$4,821-98.4%

$4,297-98.2%

Provider

Service type

Compensation

CROWE LLP1+ years

Filed as: CROWE HORWATH

Service code 99 · EIN 35-0921680

Other Fees

$3,043

VOYA RETIREMENT INSURANCE & ANNUITY1+ years

Filed as: VOYA RETIREMENT INS. & ANNUITY COMP

Service code 26 · EIN 71-0294708

Advisory (Participants)

$2,925

MORNINGSTAR1+ years

Service code 26 · EIN 36-3297908

Advisory (Participants)

FULTON/PGI 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FULTON/PGI 401(K) 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