Retirement plan

FLUID LINE PRODUCTS, INC. EMPLOYEES PROFIT SHARING PLAN AND TRUST

Name: FLUID LINE PRODUCTS, INC. - FLUID LINE PRODUCTS, INC. EMPLOYEES PROFIT SHARING PLAN AND TRUST (2015) Form 5500
Creator: FLUID LINE PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FLUID LINE PRODUCTS, INC. EMPLOYEES PROFIT SHARING PLAN AND TRUST, FLUID LINE PRODUCTS, INC.

FLUID LINE PRODUCTS, INC.EIN 34-1148315Plan #001PY 2015

34273 WESTERN PARKWAY - WILLOUGHBY, OH 44096440-946-9470fluidlineproducts.comLinkedIn11-50 employeesmachinery

Prospect flagsHigh cash

How to read this page

Total assets (EOY)

$10.9M

No prior year

Total participants

No prior year

Average account balance

$116,840

No prior year

Annual return

-0.52%

No prior year

Benchmarks

See 13,687 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort13,687 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.67M

Not enough data

1 years with asset history on file

Average account balance

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

$201K

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.

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.

103.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$850K

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

+13.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8980

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

0 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.1+ years Service code 59 · EIN 25-1211909	Shareholder Servicing	$0
PNC BANK, N.A.1+ years Filed as: PNC BANK, NATIONAL ASSOCIATION Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2G2J2K2T3D

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.
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

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

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: CORRIGAN KRAUSE
Auditor EIN: 371574855
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$116,840

$56,199+107.9%

$67,652+72.7%

$59,632+95.9%

Participation rate

100.0%

71.5%+28.5pp

75.7%+24.3pp

68.7%+31.3pp

Annual return

-0.52%

18505.31%-18505.8pp

6625.04%-6625.6pp

2041.32%-2041.8pp

Employer contribution / active EE

$3,905

$1,614+141.9%

$2,266+72.4%

$2,203+77.3%

Participant deferral / active EE

$2,417

$2,844-15.0%

$3,560-32.1%

$3,192-24.3%

Admin fee / account holder

$3,958-100.0%

$4,821-100.0%

$4,297-100.0%

Provider

Service type

Compensation

PNC BANK, N.A.1+ years

Service code 59 · EIN 25-1211909

Shareholder Servicing

PNC BANK, N.A.1+ years

Filed as: PNC BANK, NATIONAL ASSOCIATION

Service code 59

Shareholder Servicing

FLUID LINE PRODUCTS, INC. EMPLOYEES PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

FLUID LINE PRODUCTS, INC. EMPLOYEES PROFIT SHARING PLAN AND TRUST

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