Retirement plan

ANDERSEN 401K PLAN

Name: ANDERSEN CORPORATION - ANDERSEN 401K PLAN (2020) 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 2020

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

Other plans on this EIN

3 filings

#001Retirement-$1.04B assets #003Retirement-$675.3M assets #004Retirement-$41.5M 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)

$1101.2M

-8.3% from 2016

Total participants

12,870

-3.5% from 2016

Average account balance

$85,882

-3.7% from 2016

Annual return

14.64%

-7.91 pp from 2016

Benchmarks

See 53 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants5,000-9,999

Cohort53 peers

Snapshot2020

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

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

Service providers

Top 8 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.3 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$654,900
ERNST & YOUNG LLP6+ years Filed as: ERNST & YOUNG, LLP Service code 10 · EIN 34-6565596	Accounting	$22,250
RUSSELL TRUST COMPANY1 year Filed as: RUSSELL INVESTMENTS TRUST COMPANY Service code 27 · EIN 91-1116938	Advisory (Plan)	$21,450
CLS INVESTMENTS1 year Filed as: CLS INVESTMENTS LLC Service code 26 · EIN 32-0070947	Advisory (Participants)	$14,297
FINANCIAL ENGINE ADVISORS, LLC1 year Filed as: FINANCIAL ENGINE ADVISORS LLC Service code 26 · EIN 94-3250032	Advisory (Participants)	$7,664
CHARLES SCHWAB & CO., INC.2 years Service code 33 · EIN 94-1737782	Direct payment from the plan; Securit...	$7,284
INTELLIGENT FINANCIAL STRATEGIES2 years Service code 26 · EIN 41-1806874	Advisory (Participants)	$5,564
CHARLES SCHWAB & CO., INC.3 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

$737K

$77 / participant

Investment mgmt$21K2.9%
Contract admin$689K93.5%
Other / not subdivided$27K3.6%

% of EOY assets

0.067%

all-in expense ratio

Categories reported

2 / 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

$85,882

$146,341-41.3%

$98,920-13.2%

$93,223-7.9%

Participation rate

99.5%

89.3%+10.2pp

76.0%+23.5pp

74.9%+24.6pp

Annual return

14.64%

16.85%-2.2pp

196.47%-181.8pp

19.29%-4.6pp

Employer contribution / active EE

$2,900

$4,823-39.9%

$2,689+7.8%

$2,680+8.2%

Participant deferral / active EE

$4,226

$7,126-40.7%

$4,245-0.4%

$4,563-7.4%

Admin fee / account holder

$58

$63-8.4%

$6,643-99.1%

$79-27.4%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.3 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$654,900

ERNST & YOUNG LLP6+ years

Filed as: ERNST & YOUNG, LLP

Service code 10 · EIN 34-6565596

Accounting

$22,250

RUSSELL TRUST COMPANY1 year

Filed as: RUSSELL INVESTMENTS TRUST COMPANY

Service code 27 · EIN 91-1116938

Advisory (Plan)

$21,450

CLS INVESTMENTS1 year

Filed as: CLS INVESTMENTS LLC

Service code 26 · EIN 32-0070947

Advisory (Participants)

$14,297

FINANCIAL ENGINE ADVISORS, LLC1 year

Filed as: FINANCIAL ENGINE ADVISORS LLC

Service code 26 · EIN 94-3250032

Advisory (Participants)

$7,664

CHARLES SCHWAB & CO., INC.2 years

Service code 33 · EIN 94-1737782

Direct payment from the plan; Securit...

$7,284

INTELLIGENT FINANCIAL STRATEGIES2 years

Service code 26 · EIN 41-1806874

Advisory (Participants)

$5,564

CHARLES SCHWAB & CO., INC.3 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