Retirement plan

STEEL-CRAFT CORP. OF HARTFORD EMPLOYEES' 401(K) PROFIT SHARING PLAN

Name: STEEL-CRAFT CORP. OF HARTFORD - STEEL-CRAFT CORP. OF HARTFORD EMPLOYEES' 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: STEEL-CRAFT CORP. OF HARTFORD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEEL-CRAFT CORP. OF HARTFORD EMPLOYEES' 401(K) PROFIT SHARING PLAN, STEEL-CRAFT CORP. OF HARTFORD

STEEL-CRAFT CORP. OF HARTFORDEIN 39-1235866Plan #003PY 2019

105 STEEL CRAFT DR. - HARTFORD, WI 53027262-673-6770

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$18.9M

-10.3% from 2018

Total participants

618

-4.2% from 2018

Average account balance

$45,091

-4.1% from 2018

Annual return

5.94%

+8.33 pp from 2018

Benchmarks

See 2,415 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,415 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25.18M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

596

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.

98.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.15M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+15.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$159

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 4 by compensation

Provider	Service type	Compensation
NATIONWIDE5+ years Service code 28 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Investment Management	$45,082
SECURITIES AMERICA INC1 year Filed as: SECURITIES AMERICA ADVISORS INC Service code 27 · EIN 47-0648506	Advisory (Plan)	$22,198
THE RETIREMENT ADVANTAGE INC5+ years Filed as: THE RETIREMENT ADVANTAGE Service code 65 47 PARK PLACE · APPLETON, WI 54914	Account Maintenance	$9,777
LPL FINANCIAL5+ years Filed as: LPL FINANCIAL CORPORATION Service code 27 ATTN COMMISSIONS DEPT · SAN DIEGO, CA 92121	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$31K

$65 / participant

Contract admin$31K100.0%

% of EOY assets

0.162%

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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,091

$73,404-38.6%

$87,103-48.2%

$67,582-33.3%

Participation rate

58.3%

80.9%-22.6pp

76.9%-18.6pp

71.3%-13.0pp

Annual return

5.94%

48.29%-42.3pp

28.19%-22.2pp

378.57%-372.6pp

Employer contribution / active EE

$999

$2,014-50.4%

$2,521-60.4%

$2,148-53.5%

Participant deferral / active EE

$2,751

$3,913-29.7%

$4,049-32.1%

$3,539-22.3%

Admin fee / account holder

$73

$142-48.4%

$7,491-99.0%

$142-48.7%

Provider

Service type

Compensation

NATIONWIDE5+ years

Service code 28

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Investment Management

$45,082

SECURITIES AMERICA INC1 year

Filed as: SECURITIES AMERICA ADVISORS INC

Service code 27 · EIN 47-0648506

Advisory (Plan)

$22,198

THE RETIREMENT ADVANTAGE INC5+ years

Filed as: THE RETIREMENT ADVANTAGE

Service code 65

47 PARK PLACE · APPLETON, WI 54914

Account Maintenance

$9,777

LPL FINANCIAL5+ years

Filed as: LPL FINANCIAL CORPORATION

Service code 27

ATTN COMMISSIONS DEPT · SAN DIEGO, CA 92121

Advisory (Plan)

STEEL-CRAFT CORP. OF HARTFORD EMPLOYEES' 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STEEL-CRAFT CORP. OF HARTFORD EMPLOYEES' 401(K) PROFIT SHARING 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