Retirement plan

NATIONAL GALVANIZING, L.P. PROFIT SHARING AND SAVINGS PLAN

Name: NATIONAL GALVANIZING, L.P. - NATIONAL GALVANIZING, L.P. PROFIT SHARING AND SAVINGS PLAN (2017) Form 5500
Creator: NATIONAL GALVANIZING, L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL GALVANIZING, L.P. PROFIT SHARING AND SAVINGS PLAN, NATIONAL GALVANIZING, L.P.

NATIONAL GALVANIZING, L.P.EIN 38-3056910Plan #002PY 2017

1500 TELB - MONROE, MI 481622572734-243-1882

Other plans on this EIN

1 filing

#001Retirement-$9.4M assets

Prospect flagsRecently reached 100 employeesCorrective distributions

How to read this page

Total assets (EOY)

$9.9M

+6.6% from 2016

Total participants

113

-1.7% from 2016

Average account balance

$96,022

+2.4% from 2016

Annual return

13.71%

+2.08 pp from 2016

Benchmarks

See 14,968 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,968 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.29M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

110

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.

67.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$316K

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

+10.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$81

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

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Service providers

Top 10 of 17 by compensation

Provider	Service type	Compensation
FIRST HEARTLAND CONSULTANTS, INC.3+ years Filed as: FIRST HEARTLAND CONSULTANTS INC Service code 27 · EIN 43-1635589	Advisory (Plan)	$7,310
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$1,750
AMERICAN FUNDS1 year Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
BLACKROCK1 year Service code 52 · EIN 51-0318674	Indirect Investment Fees	$0
DELAWARE INVESTMENTS1 year Service code 52	Indirect Investment Fees	$0
DELAWARE INVESTMENTS1 year Filed as: DELEWARE INVESTMENTS Service code 52 · EIN 23-2448660	Indirect Investment Fees	$0
DIMENSIONAL FUND ADVISORS1 year Service code 52 · EIN 36-3129984	Indirect Investment Fees	$0
FRANKLIN TEMPLETON1 year Service code 52 · EIN 22-6586780	Indirect Investment Fees	$0
MANNING & NAPIER1 year Service code 52 · EIN 16-0995736	Indirect Investment Fees	$0
NATIXIS FUNDS1 year Service code 52 · EIN 04-3113285	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.

Opportunity flags

2 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$2K

$18 / participant

Contract admin$2K100.0%

% of EOY assets

0.018%

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: FENNER, MELSTROM & DOOLING, PLC
Auditor EIN: 381402622
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$96,022

$67,602+42.0%

$82,312+16.7%

$70,126+36.9%

Participation rate

89.8%

72.8%+17.0pp

76.9%+12.9pp

69.5%+20.3pp

Annual return

13.71%

21.57%-7.9pp

25.88%-12.2pp

73.15%-59.4pp

Employer contribution / active EE

$1,755-100.0%

$2,428-100.0%

$2,343-100.0%

Participant deferral / active EE

$3,537

$2,987+18.4%

$3,706-4.6%

$3,332+6.2%

Admin fee / account holder

$17

$4,512-99.6%

$5,608-99.7%

$4,645-99.6%

Provider

Service type

Compensation

FIRST HEARTLAND CONSULTANTS, INC.3+ years

Filed as: FIRST HEARTLAND CONSULTANTS INC

Service code 27 · EIN 43-1635589

Advisory (Plan)

$7,310

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INS CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$1,750

AMERICAN FUNDS1 year

Service code 52 · EIN 95-1411037

Indirect Investment Fees

BLACKROCK1 year

Service code 52 · EIN 51-0318674

Indirect Investment Fees

DELAWARE INVESTMENTS1 year

Service code 52

Indirect Investment Fees

DELAWARE INVESTMENTS1 year

Filed as: DELEWARE INVESTMENTS

Service code 52 · EIN 23-2448660

Indirect Investment Fees

DIMENSIONAL FUND ADVISORS1 year

Service code 52 · EIN 36-3129984

Indirect Investment Fees

FRANKLIN TEMPLETON1 year

Service code 52 · EIN 22-6586780

Indirect Investment Fees

MANNING & NAPIER1 year

Service code 52 · EIN 16-0995736

Indirect Investment Fees

NATIXIS FUNDS1 year

Service code 52 · EIN 04-3113285

Indirect Investment Fees

NATIONAL GALVANIZING, L.P. PROFIT SHARING AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL GALVANIZING, L.P. PROFIT SHARING AND 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