Retirement plan

UNVERFERTH MANUFACTURING COMPANY, INC. PROFIT SHARING AND 401(K) PLAN

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

UNVERFERTH MANUFACTURING COMPANY, INC.EIN 34-0936989Plan #001PY 2018

P.O. BOX 357 - KALIDA, OH 45853419-532-3121unverferth.comLinkedIn501-1000 employeesmachinery

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$126.7M

-5.3% from 2017

Total participants

906

+10.5% from 2017

Average account balance

$142,840

-13.3% from 2017

Annual return

-7.10%

-25.96 pp from 2017

Benchmarks

See 2,409 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,409 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$234.78M

Not enough data

1 years with asset history on file

Average account balance

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

$160K

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.

1,471

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.

98.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$17.29M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+14.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$137

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 3 by compensation

Provider	Service type	Compensation
STABLE TWO FINANCIAL, LLC4+ years Service code 27 · EIN 26-4030951	Advisory (Plan)	$23,000
CHARLES SCHWAB & CO., INC.4+ years Filed as: REA & ASSOCIATES, INC. Service code 10 · EIN 34-1310124	Accounting	$8,800
FIDELITY INVESTMENTS INSTITUTIONAL4+ years Service code 60 · EIN 04-2647786	Sub-TA Fees	$1,685

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$33K

$47 / participant

Other / not subdivided$33K100.0%

% of EOY assets

0.026%

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: REA & ASSOCIATES
Auditor EIN: 341310124
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$142,840

$65,118+119.4%

$76,768+86.1%

$55,725+156.3%

Participation rate

97.3%

79.6%+17.7pp

77.0%+20.4pp

70.9%+26.5pp

Annual return

-7.10%

-1.27%-5.8pp

2.43%-9.5pp

244.93%-252.0pp

Employer contribution / active EE

$6,143

$1,941+216.5%

$2,485+147.2%

$2,078+195.6%

Participant deferral / active EE

$3,626

$3,688-1.7%

$3,852-5.9%

$3,356+8.1%

Admin fee / account holder

$38

$116-67.4%

$6,675-99.4%

$115-67.2%

Provider

Service type

Compensation

STABLE TWO FINANCIAL, LLC4+ years

Service code 27 · EIN 26-4030951

Advisory (Plan)

$23,000

CHARLES SCHWAB & CO., INC.4+ years

Filed as: REA & ASSOCIATES, INC.

Service code 10 · EIN 34-1310124

Accounting

$8,800

FIDELITY INVESTMENTS INSTITUTIONAL4+ years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$1,685

UNVERFERTH MANUFACTURING COMPANY, INC. PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNVERFERTH MANUFACTURING COMPANY, INC. PROFIT SHARING AND 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