Retirement plan

ENGINEERED HEAT TREAT, INC. SALARY SAVINGS AND P/S PLAN & TR

Name: ENGINEERED HEAT TREAT, INC. - ENGINEERED HEAT TREAT, INC. SALARY SAVINGS AND P/S PLAN & TR (2019) Form 5500
Creator: ENGINEERED HEAT TREAT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ENGINEERED HEAT TREAT, INC. SALARY SAVINGS AND P/S PLAN & TR, ENGINEERED HEAT TREAT, INC.

ENGINEERED HEAT TREAT, INC.EIN 38-1615220Plan #002PY 2019

31271 STEPHENSON HIGHWAY - MADISON HEIGHTS, MI 48071248-588-5141LinkedIn11-50 employeeselectrical/electronic manufacturing

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$13.2M

+5.1% from 2018

Total participants

+8.6% from 2018

Average account balance

$413,259

+5.1% from 2018

Annual return

2.89%

-4.69 pp from 2018

Benchmarks

See 14,957 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,957 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.85M

Not enough data

1 years with asset history on file

Average account balance

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

$224K

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.

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.

83.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$50K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$936

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

-0.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$78232

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D3F

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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$299K

$8539 / participant

Other / not subdivided$299K100.0%

% of EOY assets

2.260%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$413,259

$72,492+470.1%

$87,104+374.4%

$72,975+466.3%

Participation rate

82.9%

72.8%+10.0pp

76.9%+6.0pp

69.5%+13.4pp

Annual return

2.89%

24.46%-21.6pp

28.19%-25.3pp

81.01%-78.1pp

Employer contribution / active EE

$10,704

$1,894+465.2%

$2,521+324.5%

$2,440+338.7%

Participant deferral / active EE

$4,140

$3,270+26.6%

$4,048+2.3%

$3,608+14.7%

Admin fee / account holder

$9,340

$5,055+84.8%

$7,491+24.7%

$5,124+82.3%

ENGINEERED HEAT TREAT, INC. SALARY SAVINGS AND P/S PLAN & TR

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ENGINEERED HEAT TREAT, INC. SALARY SAVINGS AND P/S PLAN & TR

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