Retirement plan

ANGOLA WIRE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN

Name: ANGOLA WIRE PRODUCTS, INC. - ANGOLA WIRE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: ANGOLA WIRE PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANGOLA WIRE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN, ANGOLA WIRE PRODUCTS, INC.

ANGOLA WIRE PRODUCTS, INC.EIN 35-1537695Plan #003PY 2016

803 WOHLERT STREET - ANGOLA, IN 467031030260-665-9447angolawire.comLinkedIn51-200 employeesmining & metals

Other plans on this EIN

1 filing

#001Retirement-$6.5M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$4.9M

+6.5% from 2015

Total participants

174

-2.8% from 2015

Average account balance

$40,967

+6.5% from 2015

Annual return

8.44%

+10.17 pp from 2015

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.03M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

153

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.

81.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$662K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+21.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$212

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 2 by compensation

Provider	Service type	Compensation
NYHART2+ years Service code 15 · EIN 35-0966414	Recordkeeping	$13,954
PENSIONMARK FINANCIAL GROUP LLC2+ years Filed as: PENSIONMARK RETIREMENT GROUP Service code 26 2829 EAST DUPONT ROAD · FORT WAYNE, IN 46825	Advisory (Participants)	$11,089

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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$28K

$173 / participant

Investment mgmt$11K39.2%
Other / not subdivided$17K60.8%

% of EOY assets

0.575%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,967

$60,165-31.9%

$74,184-44.8%

$55,167-25.7%

Participation rate

66.9%

74.2%-7.3pp

76.6%-9.7pp

69.0%-2.1pp

Annual return

8.44%

10.00%-1.6pp

17.74%-9.3pp

169.23%-160.8pp

Employer contribution / active EE

$1,600-100.0%

$2,370-100.0%

$1,963-100.0%

Participant deferral / active EE

$1,451

$2,973-51.2%

$3,550-59.1%

$3,054-52.5%

Admin fee / account holder

$235

$419-43.8%

$5,586-95.8%

$504-53.3%

Provider

Service type

Compensation

NYHART2+ years

Service code 15 · EIN 35-0966414

Recordkeeping

$13,954

PENSIONMARK FINANCIAL GROUP LLC2+ years

Filed as: PENSIONMARK RETIREMENT GROUP

Service code 26

2829 EAST DUPONT ROAD · FORT WAYNE, IN 46825

Advisory (Participants)

$11,089

ANGOLA WIRE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANGOLA WIRE PRODUCTS, INC. 401(K) PROFIT SHARING 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