Retirement plan

KNAUF INSULATION RETIREMENT PLAN

Name: KNAUF INSULATION, INC. - KNAUF INSULATION RETIREMENT PLAN (2018) Form 5500
Creator: KNAUF INSULATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KNAUF INSULATION RETIREMENT PLAN, KNAUF INSULATION, INC.

KNAUF INSULATION, INC.EIN 38-2560723Plan #001PY 2018

ONE KNAUF DRIVE - SHELBYVILLE, IN 46176317-398-4434

Other plans on this EIN

2 filings

#004Retirement-$36.4M assets #002Retirement-$31.2M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$107.8M

-4.3% from 2017

Total participants

1,210

-1.4% from 2017

Average account balance

$90,672

-1.3% from 2017

Annual return

-2.41%

-18.59 pp from 2017

Benchmarks

See 391 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort391 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$179.92M

Not enough data

1 years with asset history on file

Average account balance

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

$106K

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.

1,693

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.

94.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14.74M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$150

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 3 by compensation

Provider	Service type	Compensation
PRUDENTIAL RETIREMENT INSURANCE AND4+ years Service code 13 · EIN 06-1050034	Contract Administrator	$77,145
KATZ, SAPPER & MILLER2 years Service code 16 · EIN 35-1090346	Consulting	$17,485
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 16 · EIN 34-1542819	Consulting	$13,669

Plan features & details

Pension benefit codes2E2K2G2J2F2T2S

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

$276K

$273 / participant

Other / not subdivided$276K100.0%

% of EOY assets

0.256%

all-in expense ratio

Categories reported

0 / 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: KATZ, SAPPER & MILLER, LLP
Auditor EIN: 351090346
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$90,672

$134,045-32.4%

$80,022+13.3%

$75,289+20.4%

Participation rate

97.9%

85.8%+12.2pp

75.8%+22.1pp

72.4%+25.5pp

Annual return

-2.41%

-0.56%-1.9pp

11.22%-13.6pp

-0.04%-2.4pp

Employer contribution / active EE

$3,367

$3,492-3.6%

$2,468+36.4%

$2,405+40.0%

Participant deferral / active EE

$5,429

$4,976+9.1%

$3,686+47.3%

$3,739+45.2%

Admin fee / account holder

$232

$124+87.7%

$6,521-96.4%

$102+127.3%

Provider

Service type

Compensation

PRUDENTIAL RETIREMENT INSURANCE AND4+ years

Service code 13 · EIN 06-1050034

Contract Administrator

$77,145

KATZ, SAPPER & MILLER2 years

Service code 16 · EIN 35-1090346

Consulting

$17,485

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO CLEARING SERVICES LLC

Service code 16 · EIN 34-1542819

Consulting

$13,669

KNAUF INSULATION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KNAUF INSULATION 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