Retirement plan

FORT WAYNE METALS RESEARCH PRODUCTS CORP. RETIREMENT SAVINGS PLAN

Name: FORT WAYNE METALS RESEARCH PRODUCTS CORP. - FORT WAYNE METALS RESEARCH PRODUCTS CORP. RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: FORT WAYNE METALS RESEARCH PRODUCTS CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FORT WAYNE METALS RESEARCH PRODUCTS CORP. RETIREMENT SAVINGS PLAN, FORT WAYNE METALS RESEARCH PRODUCTS CORP.

FORT WAYNE METALS RESEARCH PRODUCTS CORP.EIN 35-1186549Plan #001PY 2017

9609 ARDMORE AVENUE - FORT WAYNE, IN 46809260-747-4154getfreshfarms.comLinkedIn201-500 employeesmedical devices

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$83.8M

+22.7% from 2016

Total participants

962

+11.1% from 2016

Average account balance

$87,143

+10.5% from 2016

Annual return

18.52%

+9.71 pp from 2016

Benchmarks

See 2,359 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,359 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$173.05M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

1,694

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.

99.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12.11M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$243

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
SYM FINANCIAL CORPORATION3+ years Service code 27 801 PARK AVENUE · WINONA LAKE, IN 46590	Advisory (Plan)	$109,098
ASCENSUS LLC3+ years Filed as: ASCENSUS, INC. Service code 13 1102 CHESTNUT HILLS PARKWAY · FORT WAYNE, IN 46814	Contract Administrator	$18,690
ASCENSUS LLC1 year Filed as: BADEN GAGE & SCHROEDER, LLC Service code 10 6920 POINTE INVERNESS WAY · FORT WAYNE, IN 46804	Accounting	$10,100
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$9,610
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$8,277

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$129K

$146 / participant

Other / not subdivided$129K100.0%

% of EOY assets

0.153%

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: BADEN GAGE & SCHROEDER, LLC
Auditor EIN: 351939627
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$87,143

$69,305+25.7%

$82,312+5.9%

$69,631+25.1%

Participation rate

100.0%

80.3%+19.7pp

76.9%+23.1pp

70.7%+29.3pp

Annual return

18.52%

21.47%-3.0pp

25.88%-7.4pp

27571.02%-27552.5pp

Employer contribution / active EE

$2,849

$1,887+51.0%

$2,428+17.3%

$2,032+40.2%

Participant deferral / active EE

$4,385

$3,568+22.9%

$3,706+18.3%

$3,224+36.0%

Admin fee / account holder

$134

$97+37.5%

$5,608-97.6%

$110+21.0%

Provider

Service type

Compensation

SYM FINANCIAL CORPORATION3+ years

Service code 27

801 PARK AVENUE · WINONA LAKE, IN 46590

Advisory (Plan)

$109,098

ASCENSUS LLC3+ years

Filed as: ASCENSUS, INC.

Service code 13

1102 CHESTNUT HILLS PARKWAY · FORT WAYNE, IN 46814

Contract Administrator

$18,690

ASCENSUS LLC1 year

Filed as: BADEN GAGE & SCHROEDER, LLC

Service code 10

6920 POINTE INVERNESS WAY · FORT WAYNE, IN 46804

Accounting

$10,100

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$9,610

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$8,277

FORT WAYNE METALS RESEARCH PRODUCTS CORP. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FORT WAYNE METALS RESEARCH PRODUCTS CORP. 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