Retirement plan

NEW GLARUS BREWING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN

Name: NEW GLARUS BREWING COMPANY - NEW GLARUS BREWING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN (2017) Form 5500
Creator: NEW GLARUS BREWING COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEW GLARUS BREWING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN, NEW GLARUS BREWING COMPANY

NEW GLARUS BREWING COMPANYEIN 39-1763272Plan #002PY 2017

2400 STATE HIGHWAY 69 - NEW GLARUS, WI 53574608-527-5850newglarusbrewing.comLinkedIn51-200 employeesfood & beverages

Other plans on this EIN

1 filing

#001Retirement-$5.1M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$22.1M

+119.5% from 2016

Total participants

+17.9% from 2016

Average account balance

$223,636

+84.0% from 2016

Annual return

114.97%

+100.60 pp from 2016

Benchmarks

See 2,342 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,342 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.02M

Not enough data

1 years with asset history on file

Average account balance

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

$232K

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.

112

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$566K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+0.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14460

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 codes2E2K2P2Q3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$423K

$4697 / participant

Other / not subdivided$423K100.0%

% of EOY assets

1.909%

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

$223,636

$56,544+295.5%

$75,501+196.2%

$70,126+218.9%

Participation rate

100.0%

68.1%+31.9pp

72.4%+27.6pp

69.5%+30.5pp

Annual return

114.97%

23.59%+91.4pp

27.35%+87.6pp

73.15%+41.8pp

Employer contribution / active EE

$5,070

$1,817+179.1%

$2,352+115.6%

$2,343+116.4%

Participant deferral / active EE

$2,580-100.0%

$3,142-100.0%

$3,332-100.0%

Admin fee / account holder

$4,270

$3,827+11.6%

$5,801-26.4%

$4,645-8.1%

NEW GLARUS BREWING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEW GLARUS BREWING COMPANY EMPLOYEE STOCK OWNERSHIP 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