Retirement plan

TITAN INTERNATIONAL, INC. EMPLOYEES' RETIREMENT SAVINGS PLAN

Name: TITAN INTERNATIONAL, INC. - TITAN INTERNATIONAL, INC. EMPLOYEES' RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: TITAN INTERNATIONAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TITAN INTERNATIONAL, INC. EMPLOYEES' RETIREMENT SAVINGS PLAN, TITAN INTERNATIONAL, INC.

TITAN INTERNATIONAL, INC.EIN 36-3228472Plan #002PY 2016

2701 SPRUCE STREET - QUINCY, IL 623013473217-228-6011titan-intl.comLinkedIn5001-10000 employeesconsumer goods

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$80.4M

+5.4% from 2015

Total participants

1,373

-8.5% from 2015

Average account balance

$71,182

+16.0% from 2015

Annual return

11.97%

+16.41 pp from 2015

Benchmarks

See 373 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort373 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$106.20M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

1,649

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.

92.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+4.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$130

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
JPMORGAN INVEST HOLDINGS LLC2+ years Filed as: JPMORGAN CHASE BANK, N.A. Service code 21 · EIN 13-2624428	Bank Trustee	$120,061
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Service code 15 · EIN 84-0467907	Recordkeeping	$1,100
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: GREAT-WEST L&A CO. Service code 15	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2H2J2K3H

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$121K

$104 / participant

Investment mgmt$61K50.2%
Other / not subdivided$60K49.8%

% of EOY assets

0.151%

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: BROWN SMITH WALLACE LLP
Auditor EIN: 431001367
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,182

$82,279-13.5%

$78,002-8.7%

$63,975+11.3%

Participation rate

79.1%

84.7%-5.6pp

75.5%+3.6pp

71.1%+8.0pp

Annual return

11.97%

11.20%+0.8pp

425.99%-414.0pp

48.65%-36.7pp

Employer contribution / active EE

$442

$3,297-86.6%

$2,470-82.1%

$2,182-79.8%

Participant deferral / active EE

$2,700

$4,538-40.5%

$3,497-22.8%

$3,356-19.6%

Admin fee / account holder

$107

$81+31.8%

$5,481-98.0%

$70+52.3%

Provider

Service type

Compensation

JPMORGAN INVEST HOLDINGS LLC2+ years

Filed as: JPMORGAN CHASE BANK, N.A.

Service code 21 · EIN 13-2624428

Bank Trustee

$120,061

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Service code 15 · EIN 84-0467907

Recordkeeping

$1,100

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: GREAT-WEST L&A CO.

Service code 15

Recordkeeping

TITAN INTERNATIONAL, INC. EMPLOYEES' RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TITAN INTERNATIONAL, INC. EMPLOYEES' 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