Retirement plan

AF HOLDING CO. AND SUBSIDIARIES RETIREMENT PLAN

Name: AF HOLDING CO - AF HOLDING CO. AND SUBSIDIARIES RETIREMENT PLAN (2016) Form 5500
Creator: AF HOLDING CO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AF HOLDING CO. AND SUBSIDIARIES RETIREMENT PLAN, AF HOLDING CO

AF HOLDING COEIN 37-1387036Plan #001PY 2016

811 SOUTH HAMILTON STREET - SULLIVAN, IL 61951217-728-8388

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$29M

+10.3% from 2015

Total participants

421

+5.0% from 2015

Average account balance

$71,724

+5.4% from 2015

Annual return

7.92%

+8.58 pp from 2015

Benchmarks

See 2,356 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,356 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$47.57M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

581

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.

89.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.18M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$289

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 10 by compensation

Provider	Service type	Compensation
SMITH, MOORE & CO.2+ years Filed as: SMITH MOORE & CO. INC. Service code 55	Other Commissions	$53,227
VEDDER PRICE2+ years Service code 50 · EIN 36-3254526	Direct Payment	$14,050
BKD, LLP2+ years Filed as: BKD Service code 50 · EIN 44-0160260	Direct Payment	$9,300
PLAN DESIGN CONSULTANTS, INC.2+ years Filed as: PLAN ADMINISTRATORS, INC. Service code 50 · EIN 43-1567342	Direct Payment	$3,593
RELIANCE TRUST COMPANY2+ years Service code 19 · EIN 58-1428634	Securities Custodian	$132
MESIROW FINANCIAL INVESTMENT MANAGE2+ years Filed as: MESIROW FINANCIAL INVEST MGMT, INC. Service code 27 · EIN 36-3429599	Advisory (Plan)	$22
ENVESTNET RETIREMENT SOLUTIONS, LLC1 year Filed as: ENVESTNET RETIREMENT SOLUTIONS Service code 27	Advisory (Plan)	$0
ENVESTNET RETIREMENT SOLUTIONS, LLC1 year Service code 27 · EIN 61-1732930	Advisory (Plan)	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC Service code 15 · EIN 26-1589907	Recordkeeping	$0
SMITH, MOORE & CO.2+ years Filed as: SMITH MOORE & CO. INC Service code 55 · EIN 43-1244128	Other Commissions	$0

Plan features & details

Pension benefit codes2E2F2G2J2S2T2K

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.
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

$27K

$76 / participant

Contract admin$27K100.0%

% of EOY assets

0.093%

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

$71,724

$63,905+12.2%

$74,184-3.3%

$57,658+24.4%

Participation rate

95.5%

79.8%+15.7pp

76.6%+18.8pp

70.2%+25.2pp

Annual return

7.92%

60.60%-52.7pp

17.74%-9.8pp

5.13%+2.8pp

Employer contribution / active EE

$2,229

$1,840+21.1%

$2,370-6.0%

$1,974+12.9%

Participant deferral / active EE

$1,870

$3,448-45.8%

$3,550-47.3%

$3,061-38.9%

Admin fee / account holder

$67

$91-27.0%

$5,586-98.8%

$95-29.6%

Provider

Service type

Compensation

SMITH, MOORE & CO.2+ years

Filed as: SMITH MOORE & CO. INC.

Service code 55

Other Commissions

$53,227

VEDDER PRICE2+ years

Service code 50 · EIN 36-3254526

Direct Payment

$14,050

BKD, LLP2+ years

Filed as: BKD

Service code 50 · EIN 44-0160260

Direct Payment

$9,300

PLAN DESIGN CONSULTANTS, INC.2+ years

Filed as: PLAN ADMINISTRATORS, INC.

Service code 50 · EIN 43-1567342

Direct Payment

$3,593

RELIANCE TRUST COMPANY2+ years

Service code 19 · EIN 58-1428634

Securities Custodian

$132

MESIROW FINANCIAL INVESTMENT MANAGE2+ years

Filed as: MESIROW FINANCIAL INVEST MGMT, INC.

Service code 27 · EIN 36-3429599

Advisory (Plan)

$22

ENVESTNET RETIREMENT SOLUTIONS, LLC1 year

Filed as: ENVESTNET RETIREMENT SOLUTIONS

Service code 27

Advisory (Plan)

ENVESTNET RETIREMENT SOLUTIONS, LLC1 year

Service code 27 · EIN 61-1732930

Advisory (Plan)

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC

Service code 15 · EIN 26-1589907

Recordkeeping

SMITH, MOORE & CO.2+ years

Filed as: SMITH MOORE & CO. INC

Service code 55 · EIN 43-1244128

Other Commissions

AF HOLDING CO. AND SUBSIDIARIES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AF HOLDING CO. AND SUBSIDIARIES 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