Retirement plan

U.M.C., INC EMPLOYEE 401(K) PLAN

Name: U.M.C., INC - U.M.C., INC EMPLOYEE 401(K) PLAN (2015) Form 5500
Creator: U.M.C., INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, U.M.C., INC EMPLOYEE 401(K) PLAN, U.M.C., INC

U.M.C., INCEIN 41-0970352Plan #001PY 2015

500 CHELSEA RD - MONTICELLO, MN 553628406763-271-5200

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$11.3M

No prior year

Total participants

246

No prior year

Average account balance

$54,011

No prior year

Annual return

-0.40%

No prior year

Benchmarks

See 3,906 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort3,906 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.60M

Not enough data

1 years with asset history on file

Average account balance

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

$104K

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.

256

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.

97.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.09M

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

+13.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$337

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 4 by compensation

Provider	Service type	Compensation
RESOURCES INVESTMENT ADVISORS LLC1+ years Filed as: RESOURCES INVESTMENT ADVISORS Service code 27 4860 COLLEGE BOULEVARD STE 100 · OVERLAND PARK, KS 66211	Advisory (Plan)	$25,245
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$17,326
GOLDLEAF PARTNERS1+ years Service code 13 · EIN 45-0514557 P.O. BOX 806 · BRAINERD, MN 56401	Contract Administrator	$12,301
LPL FINANCIAL1+ years Filed as: FINANCIAL ADVOCATES ADVISORY SERVIC Service code 27 1601 COOPER POINT ROAD NW · OLYMPIA, WA 98502	Advisory (Plan)	$2,231

Plan features & details

Pension benefit codes2E2J2K2F2G3D2T

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.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$42K

$220 / participant

Investment mgmt$25K60.7%
Contract admin$16K39.3%

% of EOY assets

0.367%

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: FROEHLING ANDERSON
Auditor EIN: 411384792
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,011

$54,320-0.6%

$67,652-20.2%

$52,331+3.2%

Participation rate

81.0%

73.6%+7.4pp

75.7%+5.3pp

68.1%+12.8pp

Annual return

-0.40%

6.81%-7.2pp

6625.40%-6625.8pp

4.54%-4.9pp

Employer contribution / active EE

$806

$1,544-47.8%

$2,266-64.4%

$1,882-57.1%

Participant deferral / active EE

$4,540

$2,950+53.9%

$3,560+27.5%

$3,022+50.2%

Admin fee / account holder

$198

$527-62.4%

$4,821-95.9%

$592-66.5%

Provider

Service type

Compensation

RESOURCES INVESTMENT ADVISORS LLC1+ years

Filed as: RESOURCES INVESTMENT ADVISORS

Service code 27

4860 COLLEGE BOULEVARD STE 100 · OVERLAND PARK, KS 66211

Advisory (Plan)

$25,245

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$17,326

GOLDLEAF PARTNERS1+ years

Service code 13 · EIN 45-0514557

P.O. BOX 806 · BRAINERD, MN 56401

Contract Administrator

$12,301

LPL FINANCIAL1+ years

Filed as: FINANCIAL ADVOCATES ADVISORY SERVIC

Service code 27

1601 COOPER POINT ROAD NW · OLYMPIA, WA 98502

Advisory (Plan)

$2,231

U.M.C., INC EMPLOYEE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

U.M.C., INC EMPLOYEE 401(K) 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