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 (2020) 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 2020

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

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$184.7M

+15.2% from 2019

Total participants

951

+4.3% from 2019

Average account balance

$197,731

+10.4% from 2019

Annual return

13.67%

-11.48 pp from 2019

Benchmarks

See 2,346 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,346 peers

Snapshot2020

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 LLC2 years Filed as: SHERIDAN ROAD ADVISORS, LLC Service code 27 · EIN 13-4284240	Advisory (Plan)	$23,000
CHARLES SCHWAB & CO., INC.6+ years Filed as: REA & ASSOCIATES, INC. Service code 10 · EIN 34-1310124	Accounting	$9,500
FIDELITY INVESTMENTS INSTITUTIONAL6+ years Service code 37 · EIN 04-2647786	Loan Processing	$4,188

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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$37K

$49 / participant

Other / not subdivided$37K100.0%

% of EOY assets

0.020%

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

$197,731

$79,519+148.7%

$95,960+106.1%

$73,412+169.3%

Participation rate

97.8%

81.2%+16.6pp

77.1%+20.7pp

72.2%+25.6pp

Annual return

13.67%

19.20%-5.5pp

91.63%-78.0pp

59.30%-45.6pp

Employer contribution / active EE

$7,145

$2,048+248.9%

$2,541+181.1%

$2,234+219.9%

Participant deferral / active EE

$4,464

$4,138+7.9%

$4,167+7.1%

$3,806+17.3%

Admin fee / account holder

$39

$184-78.7%

$6,797-99.4%

$158-75.1%

Provider

Service type

Compensation

SHERIDAN ROAD ADVISORS LLC2 years

Filed as: SHERIDAN ROAD ADVISORS, LLC

Service code 27 · EIN 13-4284240

Advisory (Plan)

$23,000

CHARLES SCHWAB & CO., INC.6+ years

Filed as: REA & ASSOCIATES, INC.

Service code 10 · EIN 34-1310124

Accounting

$9,500

FIDELITY INVESTMENTS INSTITUTIONAL6+ years

Service code 37 · EIN 04-2647786

Loan Processing

$4,188

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