Retirement plan

T. MARZETTI COMPANY HOURLY EMPLOYEE 401(K) PLAN FOR THE INDIANOLA PLANT

Name: T. MARZETTI COMPANY - T. MARZETTI COMPANY HOURLY EMPLOYEE 401(K) PLAN FOR THE INDIANOLA PLANT (2016) Form 5500
Creator: T. MARZETTI COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, T. MARZETTI COMPANY HOURLY EMPLOYEE 401(K) PLAN FOR THE INDIANOLA PLANT, T. MARZETTI COMPANY

T. MARZETTI COMPANYEIN 31-4244940Plan #003PY 2016

380 POLARIS PARKWAY, SUITE 400 - WESTERVILLE, OH 43082614-846-2232LinkedIn1-10 employees

Other plans on this EIN

2 filings

#001Retirement-$3.7M assets #002Retirement-$36K assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$2.9M

+12.7% from 2015

Total participants

231

-7.2% from 2015

Average account balance

$23,038

+10.9% from 2015

Annual return

7.50%

+7.45 pp from 2015

Benchmarks

See 933 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort933 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.61M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

175

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.

60.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.49M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$26

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 2 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.2+ years Filed as: CAHRLES SCHWAB & CO INC AND AFFILIA Service code 59	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.2+ years Service code 59 · EIN 94-1737782	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E3D2G2J2K2F2T

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.
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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

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: MAYER HOFFMAN MCCANN, P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,038

$46,072-50.0%

$69,779-67.0%

$55,167-58.2%

Participation rate

52.8%

67.5%-14.7pp

71.8%-19.1pp

69.0%-16.2pp

Annual return

7.50%

8.68%-1.2pp

12.99%-5.5pp

169.23%-161.7pp

Employer contribution / active EE

$514

$1,500-65.7%

$2,338-78.0%

$1,963-73.8%

Participant deferral / active EE

$1,358

$2,344-42.1%

$2,931-53.7%

$3,054-55.5%

Admin fee / account holder

$428-100.0%

$4,381-100.0%

$504-100.0%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CAHRLES SCHWAB & CO INC AND AFFILIA

Service code 59

Shareholder Servicing

CHARLES SCHWAB & CO., INC.2+ years

Service code 59 · EIN 94-1737782

Shareholder Servicing

T. MARZETTI COMPANY HOURLY EMPLOYEE 401(K) PLAN FOR THE INDIANOLA PLANT

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

T. MARZETTI COMPANY HOURLY EMPLOYEE 401(K) PLAN FOR THE INDIANOLA PLANT

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion