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 (2018) 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 2018

1500 TELB - MONROE, MI 481622572734-243-1882

Other plans on this EIN

1 filing

#001Retirement-$8.0M assets

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$8.2M

-17.5% from 2017

Total participants

124

+9.7% from 2017

Average account balance

$74,193

-22.7% from 2017

Annual return

-3.05%

-16.76 pp from 2017

Benchmarks

See 4,209 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,209 peers

Snapshot2018

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

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

Service providers

Top 10 of 20 by compensation

Provider	Service type	Compensation
RESOURCES INVESTMENT ADVISORS LLC1 year Filed as: RESOURCES INVESTMENT ADVISORS, INC. Service code 27 · EIN 43-1451524	Advisory (Plan)	$4,651
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 49 · EIN 04-1590850	Other Services	$1,805
FIRST HEARTLAND CONSULTANTS, INC.1 year Filed as: FIRST HEARTLAND CONSULTANTS INC. Service code 27	Advisory (Plan)	$1,729
SAGEPOINT FINANCIAL INC1 year Filed as: RESOURCE INVESTMENT ADVISORS Service code 27	Advisory (Plan)	$586
AB FUNDS1 year Service code 52 · EIN 13-4071393	Indirect Investment Fees	$0
AMERICAN FUNDS2 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
BLACKROCK2 years Service code 52 · EIN 51-0318674	Indirect Investment Fees	$0
DELAWARE INVESTMENTS2 years Service code 52 · EIN 23-2448660	Indirect Investment Fees	$0
DELAWARE INVESTMENTS2 years Filed as: DELEWARE INVESTMENTS Service code 52	Indirect Investment Fees	$0
DIMENSIONAL FUND ADVISORS1 year Filed as: DIMENIONAL FUND ADVISORS Service code 52 · EIN 36-3129984	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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$6K

$63 / participant

Contract admin$6K100.0%

% of EOY assets

0.079%

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

$74,193

$59,191+25.3%

$76,767-3.4%

$56,289+31.8%

Participation rate

86.3%

75.2%+11.1pp

77.0%+9.3pp

69.9%+16.4pp

Annual return

-3.05%

6.62%-9.7pp

2.43%-5.5pp

-9.96%+6.9pp

Employer contribution / active EE

$1,759-100.0%

$2,485-100.0%

$2,111-100.0%

Participant deferral / active EE

$3,294

$3,255+1.2%

$3,852-14.5%

$3,350-1.7%

Admin fee / account holder

$59

$489-88.0%

$6,675-99.1%

$521-88.7%

Provider

Service type

Compensation

RESOURCES INVESTMENT ADVISORS LLC1 year

Filed as: RESOURCES INVESTMENT ADVISORS, INC.

Service code 27 · EIN 43-1451524

Advisory (Plan)

$4,651

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 49 · EIN 04-1590850

Other Services

$1,805

FIRST HEARTLAND CONSULTANTS, INC.1 year

Filed as: FIRST HEARTLAND CONSULTANTS INC.

Service code 27

Advisory (Plan)

$1,729

SAGEPOINT FINANCIAL INC1 year

Filed as: RESOURCE INVESTMENT ADVISORS

Service code 27

Advisory (Plan)

$586

AB FUNDS1 year

Service code 52 · EIN 13-4071393

Indirect Investment Fees

AMERICAN FUNDS2 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

BLACKROCK2 years

Service code 52 · EIN 51-0318674

Indirect Investment Fees

DELAWARE INVESTMENTS2 years

Service code 52 · EIN 23-2448660

Indirect Investment Fees

DELAWARE INVESTMENTS2 years

Filed as: DELEWARE INVESTMENTS

Service code 52

Indirect Investment Fees

DIMENSIONAL FUND ADVISORS1 year

Filed as: DIMENIONAL FUND ADVISORS

Service code 52 · EIN 36-3129984

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