Retirement plan

FLAVORCHEM CORPORATION EMPLOYEES' PROFIT SHARING PLAN

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

FLAVORCHEM CORPORATIONEIN 36-2720869Plan #001PY 2017

1525 BROOK DRIVE - DOWNERS GROVE, IL 60515630-932-8100flavorchem.comLinkedIn201-500 employeesfood & beverages

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$16.2M

+24.1% from 2016

Total participants

288

+1.4% from 2016

Average account balance

$63,232

+8.6% from 2016

Annual return

17.89%

+11.52 pp from 2016

Benchmarks

See 935 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort935 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.65M

Not enough data

1 years with asset history on file

Average account balance

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

$68K

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.

449

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.

86.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.65M

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

+14.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$163

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
MESIROW FINANCIAL INVESTMENT MANAGE3+ years Filed as: MESIROW FINANCIAL Service code 27 350 N CLARK ST FL 5 · CHICAGO, IL 60654	Advisory (Plan)	$29,207
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 37 · EIN 04-2647786	Loan Processing	$4,550

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$34K

$142 / participant

Other / not subdivided$34K100.0%

% of EOY assets

0.209%

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: SELDEN FOX, LTD
Auditor EIN: 362985770
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$63,232

$50,385+25.5%

$75,501-16.3%

$62,293+1.5%

Participation rate

86.5%

67.7%+18.8pp

72.4%+14.1pp

69.5%+17.0pp

Annual return

17.89%

19.90%-2.0pp

27.35%-9.5pp

28.90%-11.0pp

Employer contribution / active EE

$2,574

$1,537+67.4%

$2,352+9.4%

$2,042+26.0%

Participant deferral / active EE

$2,777

$2,445+13.6%

$3,142-11.6%

$3,169-12.4%

Admin fee / account holder

$132

$384-65.7%

$5,801-97.7%

$479-72.5%

Provider

Service type

Compensation

MESIROW FINANCIAL INVESTMENT MANAGE3+ years

Filed as: MESIROW FINANCIAL

Service code 27

350 N CLARK ST FL 5 · CHICAGO, IL 60654

Advisory (Plan)

$29,207

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 37 · EIN 04-2647786

Loan Processing

$4,550

FLAVORCHEM CORPORATION EMPLOYEES' PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FLAVORCHEM CORPORATION EMPLOYEES' 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