Retirement plan

GIBRALTAR, INC. PROFIT-SHARING AND 401(K) PLAN

Name: GIBRALTAR, INC. - GIBRALTAR, INC. PROFIT-SHARING AND 401(K) PLAN (2016) Form 5500
Creator: GIBRALTAR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GIBRALTAR, INC. PROFIT-SHARING AND 401(K) PLAN, GIBRALTAR, INC.

GIBRALTAR, INC.EIN 38-3519467Plan #001PY 2016

421 N. CENTENNIAL STREET - ZEELAND, MI 494641339616-748-4857gibraltarinc.comLinkedIn51-200 employeesfurniture

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.6M

+3.6% from 2015

Total participants

+5.0% from 2015

Average account balance

$65,678

+1.0% from 2015

Annual return

10.55%

+11.68 pp from 2015

Benchmarks

See 15,087 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort15,087 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.37M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

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.

151.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$295K

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

+13.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10790

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$452K

$14136 / participant

Other / not subdivided$452K100.0%

% of EOY assets

17.660%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,678

$60,349+8.8%

$74,184-11.5%

$62,881+4.4%

Participation rate

90.6%

72.7%+17.9pp

76.6%+14.0pp

69.3%+21.3pp

Annual return

10.55%

21.38%-10.8pp

17.74%-7.2pp

20.14%-9.6pp

Employer contribution / active EE

$6,688

$1,680+298.0%

$2,370+182.2%

$2,281+193.2%

Participant deferral / active EE

$1,707

$2,856-40.2%

$3,550-51.9%

$3,203-46.7%

Admin fee / account holder

$11,599

$4,261+172.2%

$5,586+107.7%

$4,296+170.0%

GIBRALTAR, INC. PROFIT-SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GIBRALTAR, INC. PROFIT-SHARING AND 401(K) 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