Retirement plan

STROHWIG INDUSTRIES, INC. 401(K) SAVINGS PLAN

Name: STROHWIG INDUSTRIES, INC. - STROHWIG INDUSTRIES, INC. 401(K) SAVINGS PLAN (2020) Form 5500
Creator: STROHWIG INDUSTRIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STROHWIG INDUSTRIES, INC. 401(K) SAVINGS PLAN, STROHWIG INDUSTRIES, INC.

STROHWIG INDUSTRIES, INC.EIN 39-1307891Plan #001PY 2020

3285 INDUSTRIAL ROAD - RICHFIELD, WI 53076262-628-4477

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$25.5M

+4.0% from 2019

Total participants

153

+1.3% from 2019

Average account balance

$181,843

-0.4% from 2019

Annual return

11.35%

-12.23 pp from 2019

Benchmarks

See 4,082 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,082 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.48M

Not enough data

1 years with asset history on file

Average account balance

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

$166K

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.

160

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.

90.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.48M

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

+13.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$392

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 2 by compensation

Provider	Service type	Compensation
ENVESTNET RETIREMENT SOLUTIONS, LLC3 years Filed as: ENVESTNET RETIREMENT SOLUTINS LLC Service code 50 · EIN 61-1732930	Direct Payment	$11,286
MERRILL LYNCH PIERCE FENNER & SMITH6+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085	Recordkeeping	$225

Plan features & details

Pension benefit codes2F2G2J2S2T3D

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$12K

$85 / participant

Other / not subdivided$12K100.0%

% of EOY assets

0.045%

all-in expense ratio

Categories reported

0 / 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: VRAKAS S.C.
Auditor EIN: 391453055
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$181,843

$73,638+146.9%

$95,964+89.5%

$73,497+147.4%

Participation rate

90.4%

76.2%+14.2pp

77.1%+13.3pp

70.7%+19.7pp

Annual return

11.35%

16.78%-5.4pp

91.64%-80.3pp

28.51%-17.2pp

Employer contribution / active EE

$2,279

$1,863+22.3%

$2,541-10.3%

$2,270+0.4%

Participant deferral / active EE

$8,005

$3,617+121.3%

$4,167+92.1%

$3,740+114.0%

Admin fee / account holder

$82

$482-82.9%

$6,797-98.8%

$513-84.0%

Provider

Service type

Compensation

ENVESTNET RETIREMENT SOLUTIONS, LLC3 years

Filed as: ENVESTNET RETIREMENT SOLUTINS LLC

Service code 50 · EIN 61-1732930

Direct Payment

$11,286

MERRILL LYNCH PIERCE FENNER & SMITH6+ years

Filed as: MERRILL LYNCH, PIERCE, FENNER AND S

Service code 15 · EIN 13-5674085

Recordkeeping

$225

STROHWIG INDUSTRIES, INC. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STROHWIG INDUSTRIES, INC. 401(K) 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