Retirement plan

VESUVIUS RETIREMENT PLAN FOR HOURLY EMPLOYEES

Name: VESUVIUS USA CORPORATION - VESUVIUS RETIREMENT PLAN FOR HOURLY EMPLOYEES (2019) Form 5500
Creator: VESUVIUS USA CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VESUVIUS RETIREMENT PLAN FOR HOURLY EMPLOYEES, VESUVIUS USA CORPORATION

VESUVIUS USA CORPORATIONEIN 37-0893657Plan #004PY 2019

250 PARK WEST DRIVE - PITTSBURGH, PA 15275412-429-1800

Other plans on this EIN

2 filings

#005Retirement-$212.2M assets #001Retirement-$69.6M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$35.8M

-1.3% from 2016

Total participants

607

+9.1% from 2016

Average account balance

$61,860

-11.6% from 2016

Annual return

18.52%

-4.98 pp from 2016

Benchmarks

See 1,163 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,163 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$31.76M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

519

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.

92.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+13.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$36

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
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Filed as: FIDELITY INV INST OPER COMPANY INC. Service code 37 · EIN 04-2647786	Loan Processing	$36,340
KAHN, LITWIN, RENZA & CO., LTD3 years Service code 10 · EIN 05-0409384	Accounting	$4,117
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524	Advisory (Plan)	$671

Plan features & details

Pension benefit codes2E2F2G2J2S2T

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$42K

$110 / participant

Investment mgmt$6711.6%
Other / not subdivided$41K98.4%

% of EOY assets

0.116%

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: KAHN, LITWIN, RENZA & CO., LTD.
Auditor EIN: 050409384
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$61,860

$74,347-16.8%

$93,621-33.9%

$67,584-8.5%

Participation rate

92.6%

80.6%+12.0pp

75.8%+16.8pp

71.3%+21.3pp

Annual return

18.52%

28.07%-9.6pp

32.76%-14.2pp

378.59%-360.1pp

Employer contribution / active EE

$2,798

$2,583+8.3%

$2,719+2.9%

$2,148+30.3%

Participant deferral / active EE

$3,536

$4,060-12.9%

$4,070-13.1%

$3,540-0.1%

Admin fee / account holder

$72

$123-41.3%

$7,890-99.1%

$142-49.4%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Filed as: FIDELITY INV INST OPER COMPANY INC.

Service code 37 · EIN 04-2647786

Loan Processing

$36,340

KAHN, LITWIN, RENZA & CO., LTD3 years

Service code 10 · EIN 05-0409384

Accounting

$4,117

STRATEGIC ADVISORS, INC.1 year

Service code 27 · EIN 04-2654524

Advisory (Plan)

$671

VESUVIUS RETIREMENT PLAN FOR HOURLY EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VESUVIUS RETIREMENT PLAN FOR HOURLY EMPLOYEES

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