Retirement plan

SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Name: SIEMER MILLING COMPANY - SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST (2016) Form 5500
Creator: SIEMER MILLING COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST, SIEMER MILLING COMPANY

SIEMER MILLING COMPANYEIN 37-0789904Plan #003PY 2016

P.O. BOX 670 - TEUTOPOLIS, IL 62467217-857-3131siemermilling.comLinkedIn51-200 employeesfood production

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$57.7M

No prior year

Total participants

141

No prior year

Average account balance

$418,067

No prior year

Annual return

10.25%

No prior year

Benchmarks

See 933 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort933 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$85.48M

Not enough data

1 years with asset history on file

Average account balance

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

$403K

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.

212

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+22.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$493

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
BLUE CHIP RETIREMENT PLANS, INC.1+ years Filed as: BLUE RIDGE ESOP ASSOCIATES Service code 13 154 HANSEN ROAD SUITE 102 · CHARLOTTESVILLE, VA 22911	Contract Administrator	$8,344
AMERICAN FUNDS1+ years Filed as: CAPITAL RESEARCH & MANAGEMENT CO Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$150

Plan features & details

Pension benefit codes2E2H2J2K2P2T3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
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.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$12K

$86 / participant

Contract admin$8K72.6%
Other / not subdivided$3K27.4%

% of EOY assets

0.020%

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: KENDALL WOOD, LLP
Auditor EIN: 474340746
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$418,067

$46,072+807.4%

$69,779+499.1%

$55,167+657.8%

Participation rate

97.8%

67.5%+30.3pp

71.8%+26.0pp

69.0%+28.8pp

Annual return

10.25%

8.68%+1.6pp

12.99%-2.7pp

169.23%-159.0pp

Employer contribution / active EE

$5,319

$1,500+254.6%

$2,338+127.5%

$1,963+171.0%

Participant deferral / active EE

$4,468

$2,344+90.7%

$2,931+52.5%

$3,054+46.3%

Admin fee / account holder

$85

$428-80.2%

$4,381-98.1%

$504-83.2%

Provider

Service type

Compensation

BLUE CHIP RETIREMENT PLANS, INC.1+ years

Filed as: BLUE RIDGE ESOP ASSOCIATES

Service code 13

154 HANSEN ROAD SUITE 102 · CHARLOTTESVILLE, VA 22911

Contract Administrator

$8,344

AMERICAN FUNDS1+ years

Filed as: CAPITAL RESEARCH & MANAGEMENT CO

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$150

SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

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