Retirement plan

NILFISK, INC. UNION 401(K) PLAN

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

NILFISK, INC.EIN 41-0116040Plan #004PY 2016

9435 WINNETKA AVENUE NORTH - BROOKLYN PARK, MN 55445763-745-3500

Other plans on this EIN

1 filing

#003Retirement-$59.8M assets

Prospect flagsHigh fees

Top hat statement on fileNQDC

Filed February 16, 2017 (most recent of 2 filings on file)

Plan administrator

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9435 Winnetka Avenue North

Brooklyn Park State: MN Zip Code: 55445

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Plans declared (1)

Nilfisk, Inc. Deferred Compensation Plan735 emp

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Total assets (EOY)

$8.3M

-6.1% from 2015

Total participants

-9.2% from 2015

Average account balance

$112,559

+10.4% from 2015

Annual return

5.06%

+4.43 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

$3.18M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

133

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.

96.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$159K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+8.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$25

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

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 codes2E2F2G2J2T3H

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.
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

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

$1.3M

$22818 / participant

Other / not subdivided$1M100.0%

% of EOY assets

15.067%

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

$112,559

$60,349+86.5%

$74,184+51.7%

$62,881+79.0%

Participation rate

90.9%

72.7%+18.2pp

76.6%+14.3pp

69.3%+21.6pp

Annual return

5.06%

21.38%-16.3pp

17.74%-12.7pp

20.14%-15.1pp

Employer contribution / active EE

$536

$1,680-68.1%

$2,370-77.4%

$2,281-76.5%

Participant deferral / active EE

$4,130

$2,856+44.6%

$3,550+16.4%

$3,203+29.0%

Admin fee / account holder

$16,959

$4,261+298.0%

$5,586+203.6%

$4,296+294.8%

NILFISK, INC. UNION 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NILFISK, INC. UNION 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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