Retirement plan

FRAUNHOFER USA, INC. 401(A) DC PLAN

Name: FRAUNHOFER USA, INC. - FRAUNHOFER USA, INC. 401(A) DC PLAN (2021) Form 5500
Creator: FRAUNHOFER USA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FRAUNHOFER USA, INC. 401(A) DC PLAN, FRAUNHOFER USA, INC.

FRAUNHOFER USA, INC.EIN 38-3203030Plan #002PY 2021

44792 HELM STREET - PLYMOUTH, MI 481706080734-354-4332LinkedIn201-500 employeesmechanical or industrial engineering

Other plans on this EIN

1 filing

#001Retirement-$16.7M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$37.1M

+8.9% from 2020

Total participants

352

-2.2% from 2020

Average account balance

$106,215

+11.3% from 2020

Annual return

13.53%

-1.54 pp from 2020

Benchmarks

See 1,682 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,682 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$43.97M

Not enough data

1 years with asset history on file

Average account balance

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

$127K

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.

346

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.

97.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.17M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+15.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$104

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
BUTZEL LONG1 year Filed as: BUTZEL LONG, A PROFESSIONAL CORP Service code 29 · EIN 38-2384883	Legal	$20,767
CAPFINANCIAL PARTNERS LLC1 year Filed as: CAPFINANCIAL PARTNERS, LLC Service code 27 · EIN 26-0058143	Advisory (Plan)	$5,867
TIAA7+ years Service code 13 · EIN 13-1624203	Contract Administrator	$5,511

Plan features & details

Pension benefit codes2C2F2G3D3H

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

$32K

$268 / participant

Investment mgmt$6K18.3%
Contract admin$6K17.1%
Other / not subdivided$21K64.6%

% of EOY assets

0.087%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$106,215

$63,768+66.6%

$98,506+7.8%

$79,389+33.8%

Participation rate

97.5%

69.9%+27.6pp

73.3%+24.2pp

70.7%+26.8pp

Annual return

13.53%

626.18%-612.6pp

1494.92%-1481.4pp

116.89%-103.4pp

Employer contribution / active EE

$8,285

$2,558+223.9%

$2,961+179.8%

$2,428+241.3%

Participant deferral / active EE

$3,305-100.0%

$4,277-100.0%

$4,046-100.0%

Admin fee / account holder

$92

$516-82.1%

$5,955-98.5%

$626-85.3%

Provider

Service type

Compensation

BUTZEL LONG1 year

Filed as: BUTZEL LONG, A PROFESSIONAL CORP

Service code 29 · EIN 38-2384883

Legal

$20,767

CAPFINANCIAL PARTNERS LLC1 year

Filed as: CAPFINANCIAL PARTNERS, LLC

Service code 27 · EIN 26-0058143

Advisory (Plan)

$5,867

TIAA7+ years

Service code 13 · EIN 13-1624203

Contract Administrator

$5,511

FRAUNHOFER USA, INC. 401(A) DC PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FRAUNHOFER USA, INC. 401(A) DC 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