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 (2019) 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 2019

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

Prospect flagsFailed to provide benefitCorrective distributions

How to read this page

Total assets (EOY)

$160.3M

+26.5% from 2018

Total participants

912

+0.7% from 2018

Average account balance

$179,064

+25.4% from 2018

Annual return

25.15%

+32.26 pp from 2018

Benchmarks

See 2,415 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,415 peers

Snapshot2019

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
SHERIDAN ROAD ADVISORS LLC1 year Filed as: SHERIDAN ROAD ADVISORS, LLC Service code 27 · EIN 13-4284240	Advisory (Plan)	$34,500
CHARLES SCHWAB & CO., INC.5+ years Filed as: REA & ASSOCIATES, INC. Service code 10 · EIN 34-1310124	Accounting	$6,000
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Service code 60 · EIN 04-2647786	Sub-TA Fees	$1,462

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

ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$42K

$58 / participant

Other / not subdivided$42K100.0%

% 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

$179,064

$73,404+143.9%

$87,102+105.6%

$67,579+165.0%

Participation rate

97.6%

80.9%+16.8pp

76.9%+20.8pp

71.3%+26.4pp

Annual return

25.15%

48.29%-23.1pp

28.19%-3.0pp

378.56%-353.4pp

Employer contribution / active EE

$7,313

$2,014+263.1%

$2,521+190.1%

$2,148+240.5%

Participant deferral / active EE

$4,066

$3,913+3.9%

$4,048+0.4%

$3,539+14.9%

Admin fee / account holder

$47

$142-66.9%

$7,491-99.4%

$142-67.0%

Provider

Service type

Compensation

SHERIDAN ROAD ADVISORS LLC1 year

Filed as: SHERIDAN ROAD ADVISORS, LLC

Service code 27 · EIN 13-4284240

Advisory (Plan)

$34,500

CHARLES SCHWAB & CO., INC.5+ years

Filed as: REA & ASSOCIATES, INC.

Service code 10 · EIN 34-1310124

Accounting

$6,000

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$1,462

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