Retirement plan

STRUKTOL COMPANY AMENDED AND RESTATED TAX DEFERRED SAVINGS PLAN AND TRUST

Name: STRUKTOL COMPANY OF AMERICA - STRUKTOL COMPANY AMENDED AND RESTATED TAX DEFERRED SAVINGS PLAN AND TRUST (2021) Form 5500
Creator: STRUKTOL COMPANY OF AMERICA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STRUKTOL COMPANY AMENDED AND RESTATED TAX DEFERRED SAVINGS PLAN AND TRUST, STRUKTOL COMPANY OF AMERICA

STRUKTOL COMPANY OF AMERICAEIN 34-1205907Plan #001PY 2021

201 E STEELS CORNERS ROAD - STOW, OH 442244999330-928-5188struktol.comLinkedIn51-200 employeeschemicals

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$9.9M

+13.0% from 2020

Total participants

108

-2.7% from 2020

Average account balance

$142,007

+3.3% from 2020

Annual return

14.82%

-2.29 pp from 2020

Benchmarks

See 5,668 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,668 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.19M

Not enough data

1 years with asset history on file

Average account balance

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

$133K

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.

55.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$761K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+15.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11132

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 3 by compensation

Provider	Service type	Compensation
RAYMOND JAMES FINANCIAL SERVICES2 years Filed as: RAYMOND JAMES AND ASSOCIATES Service code 27 880 CARILLON PARKWAY · ST. PETERSBURG, FL 33716	Advisory (Plan)	$23,273
INVESCO7+ years Service code 50 C/O DST SYSTEMS, INC. · KANSAS CITY, MO 641051407	Direct Payment	$4,439
ASCENSUS LLC4 years Service code 15 · EIN 11-3665754	Recordkeeping	$600

Plan features & details

Pension benefit codes2E3D2G2J2K2F2T

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$28K

$301 / participant

Investment mgmt$23K84.0%
Other / not subdivided$4K16.0%

% of EOY assets

0.279%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GRANT THORNTON LLP
Auditor EIN: 366055558
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$142,007

$87,733+61.9%

$106,551+33.3%

$85,856+65.4%

Participation rate

58.7%

71.9%-13.2pp

76.1%-17.4pp

69.3%-10.6pp

Annual return

14.82%

21.86%-7.0pp

26.80%-12.0pp

318.58%-303.8pp

Employer contribution / active EE

$2,073-100.0%

$2,819-100.0%

$2,565-100.0%

Participant deferral / active EE

$3,264

$3,469-5.9%

$4,398-25.8%

$3,952-17.4%

Admin fee / account holder

$396

$6,767-94.2%

$7,408-94.7%

$6,261-93.7%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES2 years

Filed as: RAYMOND JAMES AND ASSOCIATES

Service code 27

880 CARILLON PARKWAY · ST. PETERSBURG, FL 33716

Advisory (Plan)

$23,273

INVESCO7+ years

Service code 50

C/O DST SYSTEMS, INC. · KANSAS CITY, MO 641051407

Direct Payment

$4,439

ASCENSUS LLC4 years

Service code 15 · EIN 11-3665754

Recordkeeping

$600

STRUKTOL COMPANY AMENDED AND RESTATED TAX DEFERRED SAVINGS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STRUKTOL COMPANY AMENDED AND RESTATED TAX DEFERRED SAVINGS PLAN AND TRUST

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