Retirement plan

ANDERSEN 401K PLAN

Name: ANDERSEN CORPORATION - ANDERSEN 401K PLAN (2019) Form 5500
Creator: ANDERSEN CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANDERSEN 401K PLAN, ANDERSEN CORPORATION

ANDERSEN CORPORATIONEIN 41-0123208Plan #002PY 2019

100 4TH AVE N MN126-01-J6A - BAYPORT, MN 550031096651-264-5548andersenwindows.comLinkedIn5001-10000 employeesbuilding materials

Other plans on this EIN

3 filings

#001Retirement-$896.5M assets #003Retirement-$554.7M assets #004Retirement-$38.8M assets

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed December 28, 1998 (most recent of 3 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$979.9M

-8.3% from 2016

Total participants

12,191

-3.5% from 2016

Average account balance

$80,673

-3.7% from 2016

Annual return

24.05%

-7.91 pp from 2016

Benchmarks

See 59 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants5,000-9,999

Cohort59 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.46B

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

18,308

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.

99.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$129.19M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+13.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$59

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

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Service providers

Top 8 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.2 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$658,830
ERNST & YOUNG LLP5+ years Filed as: ERNST & YOUNG, LLP Service code 10 · EIN 34-6565596	Accounting	$21,750
CHARLES SCHWAB & CO., INC.1 year Service code 33 · EIN 94-1737782	Securities brokerage; Direct payment ...	$14,111
FOX ROTHSCHILD LLP4 years Service code 29 · EIN 23-1404723	Legal	$11,854
NORTHERN TRUST COMPANY1 year Filed as: NORTHERN TRUST CORPORATION Service code 21 · EIN 36-2723087	Bank Trustee	$10,222
FINANCIAL ENGINES1 year Filed as: FINANCIALENGINEADVISORS LLC Service code 26 · EIN 94-3250032	Advisory (Participants)	$6,972
INTELLIGENT FINANCIAL STRATEGIES1 year Service code 26 · EIN 41-1806874	Advisory (Participants)	$5,200
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB & CO AND AFFILIATES Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$719K

$78 / participant

Contract admin$686K95.3%
Other / not subdivided$34K4.7%

% of EOY assets

0.073%

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: ERNST & YOUNG LLP
Auditor EIN: 346565596
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$80,673

$156,529-48.5%

$93,621-13.8%

$82,204-1.9%

Participation rate

99.5%

86.5%+13.0pp

75.8%+23.7pp

73.4%+26.1pp

Annual return

24.05%

20.36%+3.7pp

32.76%-8.7pp

26.31%-2.3pp

Employer contribution / active EE

$2,981

$4,800-37.9%

$2,719+9.7%

$2,707+10.1%

Participant deferral / active EE

$4,225

$6,674-36.7%

$4,070+3.8%

$4,246-0.5%

Admin fee / account holder

$59

$65-8.5%

$7,890-99.2%

$76-21.7%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.2 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$658,830

ERNST & YOUNG LLP5+ years

Filed as: ERNST & YOUNG, LLP

Service code 10 · EIN 34-6565596

Accounting

$21,750

CHARLES SCHWAB & CO., INC.1 year

Service code 33 · EIN 94-1737782

Securities brokerage; Direct payment ...

$14,111

FOX ROTHSCHILD LLP4 years

Service code 29 · EIN 23-1404723

Legal

$11,854

NORTHERN TRUST COMPANY1 year

Filed as: NORTHERN TRUST CORPORATION

Service code 21 · EIN 36-2723087

Bank Trustee

$10,222

FINANCIAL ENGINES1 year

Filed as: FINANCIALENGINEADVISORS LLC

Service code 26 · EIN 94-3250032

Advisory (Participants)

$6,972

INTELLIGENT FINANCIAL STRATEGIES1 year

Service code 26 · EIN 41-1806874

Advisory (Participants)

$5,200

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB & CO AND AFFILIATES

Service code 59

Shareholder Servicing

ANDERSEN 401K PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANDERSEN 401K PLAN

Top hat statement on fileNQDC

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