Retirement plan

NORTH AMERICAN LIGHTING, INC. COMMAND PLUS PLAN

Name: NORTH AMERICAN LIGHTING, INC. - NORTH AMERICAN LIGHTING, INC. COMMAND PLUS PLAN (2023) Form 5500
Creator: NORTH AMERICAN LIGHTING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTH AMERICAN LIGHTING, INC. COMMAND PLUS PLAN, NORTH AMERICAN LIGHTING, INC.

NORTH AMERICAN LIGHTING, INC.EIN 37-1131470Plan #003PY 2023

2275 S MAIN STREET - PARIS, IL 619442963217-465-6600nal.comLinkedIn1001-5000 employeesautomotive

Other plans on this EIN

1 filing

#004Retirement-$5.9M assets

Prospect flagsFailed to transmit contributions

Top hat statement on fileNQDC

Filed December 21, 2018

Plan administrator

Plan administrator name— Sign in and upgrade to view

2275 S. Main St.

Paris State: IL Zip Code: 61944

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (1)

North American Lighting, Inc. Executive Deferred Compensation Plan16 emp

Open the filing PDF

How to read this page

Total assets (EOY)

$460.1M

+16.4% from 2022

Total participants

5,952

+2.0% from 2022

Average account balance

$78,864

+14.3% from 2022

Annual return

16.20%

+31.89 pp from 2022

Benchmarks

See 138 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants5,000-9,999

Cohort138 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$522.36M

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

5,859

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.

98.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$49.47M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+13.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$182

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 2 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290	Contract Administrator	$1,036,842
CREATIVE PLANNING LLC1 year Filed as: CREATIVE PLANNING, INC. Service code 27 · EIN 43-1270780	Advisory (Plan)	$109,609

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3D3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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

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

$1.1M

$223 / participant

Investment mgmt$110K9.6%
Contract admin$1M90.4%

% of EOY assets

0.249%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Qualified opinion

The opinion is qualified. A specific issue limited the scope or accuracy of the audit.

Auditor firm: ATLAS CPSS & ADVISORS PLLC
Auditor EIN: 464296959
Audit fees: (not subdivided)
Opinion code: Qualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$78,864

$118,464-33.4%

$96,544-18.3%

$103,482-23.8%

Participation rate

97.7%

89.0%+8.7pp

76.0%+21.7pp

73.3%+24.4pp

Annual return

16.20%

18.79%-2.6pp

25.84%-9.6pp

33.11%-16.9pp

Employer contribution / active EE

$4,655

$4,210+10.6%

$2,965+57.0%

$3,208+45.1%

Participant deferral / active EE

$4,763

$7,277-34.5%

$4,851-1.8%

$5,207-8.5%

Admin fee / account holder

$197

$81+142.4%

$8,252-97.6%

$114+72.1%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY9+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$1,036,842

CREATIVE PLANNING LLC1 year

Filed as: CREATIVE PLANNING, INC.

Service code 27 · EIN 43-1270780

Advisory (Plan)

$109,609

NORTH AMERICAN LIGHTING, INC. COMMAND PLUS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTH AMERICAN LIGHTING, INC. COMMAND PLUS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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