Retirement plan

VALCO CINCINNATI, INC. 401(K) PROFIT SHARING PLAN

Name: VALCO CINCINNATI, INC. - VALCO CINCINNATI, INC. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: VALCO CINCINNATI, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VALCO CINCINNATI, INC. 401(K) PROFIT SHARING PLAN, VALCO CINCINNATI, INC.

VALCO CINCINNATI, INC.EIN 31-6029703Plan #001PY 2018

411 CIRCLE FREEWAY DRIVE - CINCINNATI, OH 452461213513-874-6550valcocincinnatiinc.comLinkedIn51-200 employees

Prospect flagsLow returnsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$18M

-5.7% from 2017

Total participants

256

+15.8% from 2017

Average account balance

$77,373

-19.0% from 2017

Annual return

-8.79%

-19.10 pp from 2017

Benchmarks

See 4,210 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,210 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.89M

Not enough data

1 years with asset history on file

Average account balance

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

$117K

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.

299

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+12.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$277

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
PNC BANK, N.A.4+ years Filed as: PNC BANK Service code 25 · EIN 25-1211909	Directed Trustee	$36,194
PNC BANK, N.A.4+ years Filed as: PNC BANK, NATIONAL ASSOCIATION Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes3H2E2G2J2K2R2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$36K

$162 / participant

Investment mgmt$2640.7%
Other / not subdivided$36K99.3%

% of EOY assets

0.202%

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: VONLEHMAN CPA & ADVISORY FIRM
Auditor EIN: 310905417
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$77,373

$59,186+30.7%

$76,768+0.8%

$56,287+37.5%

Participation rate

89.8%

75.2%+14.6pp

77.0%+12.8pp

69.9%+19.9pp

Annual return

-8.79%

6.62%-15.4pp

2.43%-11.2pp

-9.96%+1.2pp

Employer contribution / active EE

$1,562

$1,759-11.2%

$2,485-37.1%

$2,111-26.0%

Participant deferral / active EE

$4,464

$3,255+37.1%

$3,852+15.9%

$3,350+33.2%

Admin fee / account holder

$156

$489-68.0%

$6,675-97.7%

$521-70.0%

Provider

Service type

Compensation

PNC BANK, N.A.4+ years

Filed as: PNC BANK

Service code 25 · EIN 25-1211909

Directed Trustee

$36,194

PNC BANK, N.A.4+ years

Filed as: PNC BANK, NATIONAL ASSOCIATION

Service code 60

Sub-TA Fees

VALCO CINCINNATI, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VALCO CINCINNATI, INC. 401(K) PROFIT SHARING 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