Retirement plan

TURNER VAULT COMPANY EMPLOYEES' PROFIT SHARING PLAN AND TRUST

Name: TURNER VAULT COMPANY - TURNER VAULT COMPANY EMPLOYEES' PROFIT SHARING PLAN AND TRUST (2017) Form 5500
Creator: TURNER VAULT COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TURNER VAULT COMPANY EMPLOYEES' PROFIT SHARING PLAN AND TRUST, TURNER VAULT COMPANY

TURNER VAULT COMPANYEIN 34-4472867Plan #001PY 2017

2121 TRACY ROAD - NORTHWOOD, OH 43619419-662-9000turnervault.comLinkedIn1-10 employeeschemicals

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3M

-18.3% from 2016

Total participants

0.0% from 2016

Average account balance

$86,456

-16.0% from 2016

Annual return

14.67%

+10.57 pp from 2016

Benchmarks

See 5,958 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,958 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.26M

Not enough data

1 years with asset history on file

Average account balance

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

$146K

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.

112.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$225K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+18.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20627

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$1.4M

$46044 / participant

Other / not subdivided$1M100.0%

% of EOY assets

45.649%

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

$86,456

$67,411+28.3%

$91,004-5.0%

$70,126+23.3%

Participation rate

96.7%

71.4%+25.3pp

75.6%+21.1pp

69.5%+27.1pp

Annual return

14.67%

-40.16%+54.8pp

4.60%+10.1pp

73.15%-58.5pp

Employer contribution / active EE

$2,768

$1,786+55.0%

$2,456+12.7%

$2,343+18.2%

Participant deferral / active EE

$1,626

$2,823-42.4%

$3,548-54.2%

$3,332-51.2%

Admin fee / account holder

$39,466

$4,236+831.6%

$5,417+628.5%

$4,645+749.6%

TURNER VAULT COMPANY EMPLOYEES' PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TURNER VAULT COMPANY EMPLOYEES' PROFIT SHARING 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