Retirement plan

GC AMERICA INC 401(K) PLAN

Name: GC AMERICA INC - GC AMERICA INC 401(K) PLAN (2019) Form 5500
Creator: GC AMERICA INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GC AMERICA INC 401(K) PLAN, GC AMERICA INC

GC AMERICA INCEIN 36-0929190Plan #002PY 2019

3737 W 127TH STREET - ALSIP, IL 60803708-597-0900

Other plans on this EIN

1 filing

#005Retirement-$18.0M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$36.3M

+22.8% from 2018

Total participants

400

+2.3% from 2018

Average account balance

$94,015

+18.6% from 2018

Annual return

21.21%

+24.96 pp from 2018

Benchmarks

See 2,415 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,415 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$63.63M

Not enough data

1 years with asset history on file

Average account balance

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

$147K

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.

432

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.

91.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.94M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+11.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$259

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 3 by compensation

Provider	Service type	Compensation
NATIONWIDE2 years Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$54,550
LPL FINANCIAL2 years Filed as: LPL FINANCIAL LLC Service code 53 · EIN 95-2834236 4707 EXECUTIVE DR · SAN DIEGO, CA 92121	Insurance Commissions	$51,692
NATIONAL ADMINISTRATION, INC.2 years Service code 13 · EIN 39-1967492 878 AIRPORT RD · MENASHA, WI 54952	Contract Administrator	$11,751

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$9K

$32 / participant

Contract admin$9K100.0%

% of EOY assets

0.025%

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: PRICEWATERHOUSE COOPERS, LLP
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$94,015

$73,404+28.1%

$87,103+7.9%

$67,582+39.1%

Participation rate

95.1%

80.9%+14.2pp

76.9%+18.2pp

71.3%+23.8pp

Annual return

21.21%

48.29%-27.1pp

28.19%-7.0pp

378.57%-357.4pp

Employer contribution / active EE

$3,895

$2,014+93.4%

$2,521+54.5%

$2,148+81.3%

Participant deferral / active EE

$7,612

$3,913+94.6%

$4,049+88.0%

$3,539+115.1%

Admin fee / account holder

$23

$142-83.6%

$7,491-99.7%

$142-83.7%

Provider

Service type

Compensation

NATIONWIDE2 years

Service code 15 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$54,550

LPL FINANCIAL2 years

Filed as: LPL FINANCIAL LLC

Service code 53 · EIN 95-2834236

4707 EXECUTIVE DR · SAN DIEGO, CA 92121

Insurance Commissions

$51,692

NATIONAL ADMINISTRATION, INC.2 years

Service code 13 · EIN 39-1967492

878 AIRPORT RD · MENASHA, WI 54952

Contract Administrator

$11,751

GC AMERICA INC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GC AMERICA INC 401(K) 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