Retirement plan

POWER SOLUTIONS RETIREMENT SAVINGS AND INVESTMENT PLAN

Name: JOHNSON CONTROLS BATTERY GROUP, LLC - POWER SOLUTIONS RETIREMENT SAVINGS AND INVESTMENT PLAN (2019) Form 5500
Creator: JOHNSON CONTROLS BATTERY GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, POWER SOLUTIONS RETIREMENT SAVINGS AND INVESTMENT PLAN, JOHNSON CONTROLS BATTERY GROUP, LLC

JOHNSON CONTROLS BATTERY GROUP, LLCEIN 39-1684871Plan #001PY 2019

5757 N GREEN BAY AVENUE - MILWAUKEE, WI 53209414-524-2544clarios.comLinkedIn10001+ employeesautomotive

Other plans on this EIN

1 filing

#016Retirement-$370.3M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$177.7M

-20.8% from 2020

Total participants

4,747

-12.0% from 2020

Average account balance

$57,801

+9.3% from 2020

Annual return

0.00%

-19.71 pp from 2020

Benchmarks

See 822 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort822 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$333.61M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

5,174

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.

82.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$43.64M

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

+14.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$131

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
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Service code 37 · EIN 04-2647786	Loan Processing	$98,692
STRATEGIC ADVISORS, INC.1+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$68,377

Plan features & details

Pension benefit codes2E2G2K2S2T3B

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$167K

$36 / participant

Investment mgmt$68K40.9%
Other / not subdivided$99K59.1%

% of EOY assets

0.094%

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: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,801

$105,173-45.0%

$87,102-33.6%

$77,775-25.7%

Participation rate

63.6%

85.8%-22.2pp

76.9%-13.3pp

73.2%-9.6pp

Annual return

0.00%

24.52%-24.5pp

28.19%-28.2pp

32.58%-32.6pp

Employer contribution / active EE

$3,198

$2,890+10.7%

$2,521+26.8%

$2,504+27.7%

Participant deferral / active EE

$2,825

$5,048-44.0%

$4,048-30.2%

$3,966-28.8%

Admin fee / account holder

$54

$105-48.0%

$7,493-99.3%

$100-45.7%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Service code 37 · EIN 04-2647786

Loan Processing

$98,692

STRATEGIC ADVISORS, INC.1+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$68,377

POWER SOLUTIONS RETIREMENT SAVINGS AND INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

POWER SOLUTIONS RETIREMENT SAVINGS AND INVESTMENT 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