Retirement plan

HYDRO-CHEM SYSTEMS INC. SAVINGS PLAN

Name: HYDRO-CHEM SYSTEMS INC - HYDRO-CHEM SYSTEMS INC. SAVINGS PLAN (2018) Form 5500
Creator: HYDRO-CHEM SYSTEMS INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HYDRO-CHEM SYSTEMS INC. SAVINGS PLAN, HYDRO-CHEM SYSTEMS INC

HYDRO-CHEM SYSTEMS INCEIN 38-1992827Plan #001PY 2018

6605 BROADMOOR AVE SE - CALEDONIA, MI 49316616-426-3511hydrochemsystems.comLinkedIn51-200 employeeschemicals

Other plans on this EIN

1 filing

#002Retirement-$1.7M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+7.0% from 2017

Total participants

+14.5% from 2017

Average account balance

$30,391

-22.3% from 2017

Annual return

1.93%

-18.74 pp from 2017

Benchmarks

See 5,892 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,892 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.09M

Not enough data

1 years with asset history on file

Average account balance

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

$98K

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.

104.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$397K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+19.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14683

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 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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$142K

$3456 / participant

Other / not subdivided$142K100.0%

% of EOY assets

7.519%

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

$30,391

$61,660-50.7%

$80,022-62.0%

$64,173-52.6%

Participation rate

78.0%

71.7%+6.4pp

75.8%+2.2pp

69.6%+8.5pp

Annual return

1.93%

-0.33%+2.3pp

11.22%-9.3pp

7.63%-5.7pp

Employer contribution / active EE

$2,006

$1,810+10.8%

$2,468-18.7%

$2,381-15.8%

Participant deferral / active EE

$3,588

$2,968+20.9%

$3,686-2.6%

$3,470+3.4%

Admin fee / account holder

$2,285

$5,417-57.8%

$6,521-65.0%

$4,887-53.2%

HYDRO-CHEM SYSTEMS INC. SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HYDRO-CHEM SYSTEMS INC. SAVINGS 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