Retirement plan

ABBOTT VALVE & FITTING CO. 401(K) PLAN

Name: ABBOTT VALVE & FITTING CO. - ABBOTT VALVE & FITTING CO. 401(K) PLAN (2017) Form 5500
Creator: ABBOTT VALVE & FITTING CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ABBOTT VALVE & FITTING CO. 401(K) PLAN, ABBOTT VALVE & FITTING CO.

ABBOTT VALVE & FITTING CO.EIN 34-1933384Plan #001PY 2017

SWAGELOK CLEVELAND, 31200 DIAMOND PARKWAY - SOLON, OH 44139440-248-6515LinkedIn11-50 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3M

+17.7% from 2016

Total participants

+6.3% from 2016

Average account balance

$200,307

+25.5% from 2016

Annual return

20.82%

+11.96 pp from 2016

Benchmarks

See 22,202 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,202 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.30M

Not enough data

1 years with asset history on file

Average account balance

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

$189K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$500K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+19.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1403

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2J2T3D

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).
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

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

$241K

$15043 / participant

Other / not subdivided$241K100.0%

% of EOY assets

8.011%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$200,307

$144,130+39.0%

$117,861+70.0%

$147,586+35.7%

Participation rate

87.5%

83.4%+4.1pp

79.7%+7.8pp

82.8%+4.7pp

Annual return

20.82%

531.20%-510.4pp

335.11%-314.3pp

578.59%-557.8pp

Employer contribution / active EE

$2,601

$4,897-46.9%

$3,786-31.3%

$4,876-46.7%

Participant deferral / active EE

$7,464

$5,316+40.4%

$4,482+66.5%

$5,439+37.2%

Admin fee / account holder

$16,046

$10,887+47.4%

$8,021+100.1%

$10,886+47.4%

ABBOTT VALVE & FITTING CO. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ABBOTT VALVE & FITTING CO. 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