Retirement plan

HYDRO GEAR RETIREMENT PLAN

Name: HYDRO GEAR LIMITED PARTNERSHIP - HYDRO GEAR RETIREMENT PLAN (2017) Form 5500
Creator: HYDRO GEAR LIMITED PARTNERSHIP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HYDRO GEAR RETIREMENT PLAN, HYDRO GEAR LIMITED PARTNERSHIP

HYDRO GEAR LIMITED PARTNERSHIPEIN 37-1278894Plan #001PY 2017

811 SOUTH HAMILTON - SULLIVAN, IL 61951217-728-8388LinkedIn1-10 employees

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$38.8M

+15.9% from 2016

Total participants

934

+16.3% from 2016

Average account balance

$43,306

+0.2% from 2016

Annual return

16.69%

+8.12 pp from 2016

Benchmarks

See 2,359 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,359 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$68.80M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

1,738

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.

93.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.95M

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

+13.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$156

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 6 by compensation

Provider	Service type	Compensation
SMITH, MOORE & CO.3+ years Filed as: SMITH MOORE & CO. INC. Service code 55 · EIN 43-1244128	Other Commissions	$87,658
BKD, LLP2 years Filed as: BKD Service code 50 · EIN 44-0160260	Direct Payment	$8,500
RELIANCE TRUST COMPANY3+ years Service code 19 · EIN 58-1428634	Securities Custodian	$132
MESIROW FINANCIAL INVESTMENT MANAGE3+ years Filed as: MESIROW FINANCIAL INVEST MGMT, INC. Service code 49 · EIN 36-3429599	Other Services	$20
ENVESTNET RETIREMENT SOLUTIONS, LLC2 years Service code 27 · EIN 61-1732930	Advisory (Plan)	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC Service code 15 · EIN 26-1589907	Recordkeeping	$0

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$9K

$13 / participant

Contract admin$9K100.0%

% of EOY assets

0.022%

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: BKD
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,306

$69,305-37.5%

$82,313-47.4%

$69,631-37.8%

Participation rate

94.6%

80.3%+14.3pp

76.9%+17.7pp

70.7%+23.9pp

Annual return

16.69%

21.47%-4.8pp

25.88%-9.2pp

27571.02%-27554.3pp

Employer contribution / active EE

$2,104

$1,887+11.5%

$2,428-13.4%

$2,032+3.5%

Participant deferral / active EE

$2,008

$3,568-43.7%

$3,706-45.8%

$3,224-37.7%

Admin fee / account holder

$97-90.2%

$5,608-99.8%

$110-91.4%

Provider

Service type

Compensation

SMITH, MOORE & CO.3+ years

Filed as: SMITH MOORE & CO. INC.

Service code 55 · EIN 43-1244128

Other Commissions

$87,658

BKD, LLP2 years

Filed as: BKD

Service code 50 · EIN 44-0160260

Direct Payment

$8,500

RELIANCE TRUST COMPANY3+ years

Service code 19 · EIN 58-1428634

Securities Custodian

$132

MESIROW FINANCIAL INVESTMENT MANAGE3+ years

Filed as: MESIROW FINANCIAL INVEST MGMT, INC.

Service code 49 · EIN 36-3429599

Other Services

$20

ENVESTNET RETIREMENT SOLUTIONS, LLC2 years

Service code 27 · EIN 61-1732930

Advisory (Plan)

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC

Service code 15 · EIN 26-1589907

Recordkeeping

HYDRO GEAR RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HYDRO GEAR RETIREMENT 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