Retirement plan

VALTRONIC TECHNOLOGIES (USA), INC. RETIREMENT SAVINGS PLAN

Name: VALTRONIC TECHNOLOGIES (USA), INC. - VALTRONIC TECHNOLOGIES (USA), INC. RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: VALTRONIC TECHNOLOGIES (USA), INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VALTRONIC TECHNOLOGIES (USA), INC. RETIREMENT SAVINGS PLAN, VALTRONIC TECHNOLOGIES (USA), INC.

VALTRONIC TECHNOLOGIES (USA), INC.EIN 34-1512705Plan #001PY 2016

29200 FOUNTAIN PARKWAY - SOLON, OH 44139440-349-1239LinkedIn201-500 employeescomputer hardware

Prospect flagsLow returnsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$2.6M

-3.9% from 2015

Total participants

102

-15.7% from 2015

Average account balance

$54,903

+8.1% from 2015

Annual return

3.56%

+4.29 pp from 2015

Benchmarks

See 15,087 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort15,087 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.16M

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

117

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.

95.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$678K

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

+10.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$189

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
SAGEPOINT FINANCIAL INC1 year Filed as: FSC SECURITIES CORPORATION Service code 55 3505 E. ROYALTON RD STE 202 · BROADVIEW HEIGHTS, OH 441472998	Other Commissions	$4,149
TRINITY PENSION CONSULTANTS1 year Filed as: TRINITY PENSION CONSULTANTS, INC. Service code 13 202 MONTROSE WEST AVE STE 290 · COPLEY, OH 443212952	Contract Administrator	$1,525
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH AND MANAGEMENT CO. Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$700

Plan features & details

Pension benefit codes2E2F2G2J2K3D2A2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2K

$22 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.080%

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: MALONEY & NOVOTNY LLC
Auditor EIN: 340677006
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,903

$60,349-9.0%

$74,184-26.0%

$62,881-12.7%

Participation rate

43.8%

72.7%-29.0pp

76.6%-32.9pp

69.3%-25.6pp

Annual return

3.56%

21.38%-17.8pp

17.74%-14.2pp

20.14%-16.6pp

Employer contribution / active EE

$340

$1,680-79.8%

$2,370-85.6%

$2,281-85.1%

Participant deferral / active EE

$2,744

$2,856-3.9%

$3,550-22.7%

$3,203-14.3%

Admin fee / account holder

$44

$4,261-99.0%

$5,586-99.2%

$4,296-99.0%

Provider

Service type

Compensation

SAGEPOINT FINANCIAL INC1 year

Filed as: FSC SECURITIES CORPORATION

Service code 55

3505 E. ROYALTON RD STE 202 · BROADVIEW HEIGHTS, OH 441472998

Other Commissions

$4,149

TRINITY PENSION CONSULTANTS1 year

Filed as: TRINITY PENSION CONSULTANTS, INC.

Service code 13

202 MONTROSE WEST AVE STE 290 · COPLEY, OH 443212952

Contract Administrator

$1,525

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO.

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$700

VALTRONIC TECHNOLOGIES (USA), INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VALTRONIC TECHNOLOGIES (USA), INC. RETIREMENT SAVINGS 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