Retirement plan

FORT RECOVERY INDUSTRIES, INC. EMPLOYEES MONEY ACCUMULATION PLAN

Name: FORT RECOVERY INDUSTRIES, INC. - FORT RECOVERY INDUSTRIES, INC. EMPLOYEES MONEY ACCUMULATION PLAN (2016) Form 5500
Creator: FORT RECOVERY INDUSTRIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FORT RECOVERY INDUSTRIES, INC. EMPLOYEES MONEY ACCUMULATION PLAN, FORT RECOVERY INDUSTRIES, INC.

FORT RECOVERY INDUSTRIES, INC.EIN 34-4410626Plan #003PY 2016

2440 STATE ROUTE 49, PO BOX 638 - FORT RECOVERY, OH 458460638419-375-4121fortrecoveryindustries.comLinkedIn201-500 employeesautomotive

Other plans on this EIN

1 filing

#001Retirement-$10.2M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15.9M

+11.8% from 2015

Total participants

513

+11.5% from 2015

Average account balance

$34,232

-2.7% from 2015

Annual return

7.21%

+6.39 pp from 2015

Benchmarks

See 2,356 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,356 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.92M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

338

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.

99.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$120

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 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$39,377
UBS FINANCIAL SERVICES INC1 year Filed as: UBS FINANCIAL SERVICES, INC. Service code 27 315 DEADERICK ST. · NASHVILLE, TN 37238	Advisory (Plan)	$31,682
BARTLETT & CO2+ years Filed as: BARTLETT & CO. Service code 27 600 VINE STREET · CINCINNATI, OH 45202	Advisory (Plan)	$29,299
HOWARD SIMON & ASSOCIATES, INC.2+ years Filed as: THE HOWARD E NYHART CO INC Service code 13 · EIN 35-0966414 8415 ALLISON POINTE BLVD. · INDIANAPOLIS, ID 46250	Contract Administrator	$12,500
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$347

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$103K

$255 / participant

Contract admin$103K100.0%

% of EOY assets

0.648%

all-in expense ratio

Categories reported

1 / 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: MONNIER & CO.
Auditor EIN: 341236295
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,232

$63,905-46.4%

$74,184-53.9%

$57,658-40.6%

Participation rate

88.1%

79.8%+8.4pp

76.6%+11.5pp

70.2%+17.9pp

Annual return

7.21%

60.60%-53.4pp

17.74%-10.5pp

5.13%+2.1pp

Employer contribution / active EE

$733

$1,840-60.2%

$2,370-69.1%

$1,974-62.9%

Participant deferral / active EE

$2,016

$3,448-41.5%

$3,550-43.2%

$3,061-34.1%

Admin fee / account holder

$222

$91+143.7%

$5,586-96.0%

$95+134.8%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$39,377

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS FINANCIAL SERVICES, INC.

Service code 27

315 DEADERICK ST. · NASHVILLE, TN 37238

Advisory (Plan)

$31,682

BARTLETT & CO2+ years

Filed as: BARTLETT & CO.

Service code 27

600 VINE STREET · CINCINNATI, OH 45202

Advisory (Plan)

$29,299

HOWARD SIMON & ASSOCIATES, INC.2+ years

Filed as: THE HOWARD E NYHART CO INC

Service code 13 · EIN 35-0966414

8415 ALLISON POINTE BLVD. · INDIANAPOLIS, ID 46250

Contract Administrator

$12,500

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$347

FORT RECOVERY INDUSTRIES, INC. EMPLOYEES MONEY ACCUMULATION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FORT RECOVERY INDUSTRIES, INC. EMPLOYEES MONEY ACCUMULATION 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