Retirement plan

COOPER COMPANIES, INC. 401(K) PROFIT SHARING PLAN

Name: FERNCO, INC. - COOPER COMPANIES, INC. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: FERNCO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COOPER COMPANIES, INC. 401(K) PROFIT SHARING PLAN, FERNCO, INC.

FERNCO, INC.EIN 38-2238040Plan #001PY 2018

300 S. DAYTON STREET - DAVISON, MI 48423810-653-9626fernco.comLinkedIn201-500 employeesconsumer goods

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$23.2M

-1.9% from 2017

Total participants

280

+1.8% from 2017

Average account balance

$86,105

-12.8% from 2017

Annual return

-4.13%

-18.46 pp from 2017

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$41.57M

Not enough data

1 years with asset history on file

Average account balance

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

$118K

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.

353

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.

99.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.49M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$30

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 of 12 by compensation

Provider	Service type	Compensation
MIDWEST PENSION & PROFIT SHARING SE4+ years Filed as: THE MIDWEST PENSION GROUP Service code 13 · EIN 38-2781642	Contract Administrator	$18,291
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 49 · EIN 04-1590850	Other Services	$6,397
AMERICAN FUNDS2 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
E CRAIG YOUNG4+ years Filed as: CRAIG L MILLER Service code 53 924 CENTENNIAL WAY STE 480 · LANSING, MI 48917	Insurance Commissions	$0
ENVESTNET RETIREMENT SOLUTIONS, LLC3 years Filed as: ENVESTNET RETIREMENT SERVICES, LLC Service code 27	Advisory (Plan)	$0
ENVESTNET RETIREMENT SOLUTIONS, LLC2 years Filed as: ENVESTNET RETIREMENT SOLUTIONS, LL Service code 27 · EIN 61-1732930	Advisory (Plan)	$0
FIDELITY INVESTMENTS INSTITUTIONAL2 years Filed as: FIDELITY INVESTMENTS Service code 52 · EIN 04-6056833	Indirect Investment Fees	$0
JEFFRY J SNIDER4+ years Service code 53 5141 GATEWAY CTR STE 400 · FLINT, MI 48507	Insurance Commissions	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Filed as: MASSACHUSETTS MUTUAL LIFE INS Service code 63	12b-1 Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Filed as: MMLIC Service code 52	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$6K

$28 / participant

Contract admin$6K100.0%

% of EOY assets

0.028%

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: PLANTE & MORAN, PLLC
Auditor EIN: 381357951
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$86,105

$58,093+48.2%

$80,022+7.6%

$56,287+53.0%

Participation rate

95.6%

73.6%+22.0pp

75.8%+19.8pp

69.9%+25.8pp

Annual return

-4.13%

34.63%-38.8pp

11.22%-15.3pp

-9.96%+5.8pp

Employer contribution / active EE

$3,489

$1,933+80.5%

$2,468+41.4%

$2,111+65.3%

Participant deferral / active EE

$2,552

$3,136-18.6%

$3,686-30.8%

$3,350-23.8%

Admin fee / account holder

$24

$623-96.2%

$6,521-99.6%

$521-95.5%

Provider

Service type

Compensation

MIDWEST PENSION & PROFIT SHARING SE4+ years

Filed as: THE MIDWEST PENSION GROUP

Service code 13 · EIN 38-2781642

Contract Administrator

$18,291

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INS CO

Service code 49 · EIN 04-1590850

Other Services

$6,397

AMERICAN FUNDS2 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

E CRAIG YOUNG4+ years

Filed as: CRAIG L MILLER

Service code 53

924 CENTENNIAL WAY STE 480 · LANSING, MI 48917

Insurance Commissions

ENVESTNET RETIREMENT SOLUTIONS, LLC3 years

Filed as: ENVESTNET RETIREMENT SERVICES, LLC

Service code 27

Advisory (Plan)

ENVESTNET RETIREMENT SOLUTIONS, LLC2 years

Filed as: ENVESTNET RETIREMENT SOLUTIONS, LL

Service code 27 · EIN 61-1732930

Advisory (Plan)

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Filed as: FIDELITY INVESTMENTS

Service code 52 · EIN 04-6056833

Indirect Investment Fees

JEFFRY J SNIDER4+ years

Service code 53

5141 GATEWAY CTR STE 400 · FLINT, MI 48507

Insurance Commissions

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INS

Service code 63

12b-1 Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Filed as: MMLIC

Service code 52

Indirect Investment Fees

COOPER COMPANIES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COOPER COMPANIES, INC. 401(K) 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