Retirement plan

NORTHERN STAR INDUSTRIES, INC. 401K PROFIT SHARING PLAN

Name: NORTHERN STAR INDUSTRIES, INC. - NORTHERN STAR INDUSTRIES, INC. 401K PROFIT SHARING PLAN (2017) Form 5500
Creator: NORTHERN STAR INDUSTRIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHERN STAR INDUSTRIES, INC. 401K PROFIT SHARING PLAN, NORTHERN STAR INDUSTRIES, INC.

NORTHERN STAR INDUSTRIES, INC.EIN 38-1683485Plan #001PY 2017

PO BOX 808, 130 N INDUSTRIAL DRIVE - IRON MOUNTAIN, MI 498010808906-776-3499northernstarind.comLinkedIn201-500 employeeselectrical/electronic manufacturing

Other plans on this EIN

1 filing

#005Retirement-$9.5M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$23.5M

+3.1% from 2016

Total participants

247

+5.6% from 2016

Average account balance

$95,014

-3.6% from 2016

Annual return

17.81%

+10.50 pp from 2016

Benchmarks

See 2,582 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,582 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

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

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$910K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+16.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Top 2 by compensation

Provider	Service type	Compensation
SAGEVIEW ADVISORY GROUP, LLC2 years Filed as: SAGEVIEW ADVISORY GROUP Service code 26 · EIN 33-0818667 1920 MAIN STREET · IRVINE, CA 92614	Advisory (Participants)	$31,864
JOHN HANCOCK LIFE INSURANCE COMPANY3+ years Filed as: JOHN HANCOCK USA Service code 13 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600	Contract Administrator	$398

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$34K

$161 / participant

Investment mgmt$32K93.2%
Contract admin$2K6.8%

% of EOY assets

0.146%

all-in expense ratio

Categories reported

2 / 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: FLEURY, SINGLER & COMPANY, P.C.
Auditor EIN: 382180715
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$95,014

$58,726+61.8%

$92,240+3.0%

$62,293+52.5%

Participation rate

100.0%

68.3%+31.7pp

76.5%+23.5pp

69.5%+30.5pp

Annual return

17.81%

43.62%-25.8pp

176.29%-158.5pp

28.90%-11.1pp

Employer contribution / active EE

$7,721

$2,392+222.8%

$3,680+109.8%

$2,042+278.1%

Participant deferral / active EE

$3,822

$2,766+38.2%

$3,897-1.9%

$3,169+20.6%

Admin fee / account holder

$138

$556-75.1%

$5,194-97.3%

$479-71.1%

Provider

Service type

Compensation

SAGEVIEW ADVISORY GROUP, LLC2 years

Filed as: SAGEVIEW ADVISORY GROUP

Service code 26 · EIN 33-0818667

1920 MAIN STREET · IRVINE, CA 92614

Advisory (Participants)

$31,864

JOHN HANCOCK LIFE INSURANCE COMPANY3+ years

Filed as: JOHN HANCOCK USA

Service code 13 · EIN 01-0233346

PO BOX 600 · BUFFALO, NY 142010600

Contract Administrator

$398

NORTHERN STAR INDUSTRIES, INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTHERN STAR INDUSTRIES, INC. 401K PROFIT SHARING 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