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 (2020) 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 2020

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

Other plans on this EIN

1 filing

#001Retirement-$5.8M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$7.3M

+19.4% from 2019

Total participants

159

-4.8% from 2019

Average account balance

$50,771

+4.5% from 2019

Annual return

20.56%

+0.37 pp from 2019

Benchmarks

See 4,082 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,082 peers

Snapshot2020

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
NYHART6+ years Service code 15 · EIN 35-0966414	Recordkeeping	$19,345
PENSIONMARK FINANCIAL GROUP LLC6+ years Filed as: PENSIONMARK RETIREMENT GROUP Service code 26 2829 EAST DUPONT ROAD · FORT WAYNE, IN 46825	Advisory (Participants)	$14,634

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$36K

$254 / participant

Investment mgmt$15K40.6%
Other / not subdivided$21K59.4%

% of EOY assets

0.493%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,771

$73,638-31.1%

$95,964-47.1%

$73,497-30.9%

Participation rate

89.4%

76.2%+13.3pp

77.1%+12.4pp

70.7%+18.8pp

Annual return

20.56%

16.78%+3.8pp

91.64%-71.1pp

28.51%-8.0pp

Employer contribution / active EE

$1,178

$1,863-36.8%

$2,541-53.7%

$2,270-48.1%

Participant deferral / active EE

$2,385

$3,617-34.0%

$4,167-42.7%

$3,740-36.2%

Admin fee / account holder

$250

$482-48.0%

$6,797-96.3%

$513-51.2%

Provider

Service type

Compensation

NYHART6+ years

Service code 15 · EIN 35-0966414

Recordkeeping

$19,345

PENSIONMARK FINANCIAL GROUP LLC6+ years

Filed as: PENSIONMARK RETIREMENT GROUP

Service code 26

2829 EAST DUPONT ROAD · FORT WAYNE, IN 46825

Advisory (Participants)

$14,634

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