Retirement plan

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

Name: U.M.C., INC - U.M.C., INC EMPLOYEE 401(K) PLAN (2016) 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 2016

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$13.3M

+17.3% from 2015

Total participants

247

+0.4% from 2015

Average account balance

$59,151

+9.5% from 2015

Annual return

9.58%

+9.97 pp from 2015

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

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 3 by compensation

Provider	Service type	Compensation
RESOURCES INVESTMENT ADVISORS LLC2+ years Filed as: RESOURCES INVESTMENT ADVISORS Service code 27 4860 COLLEGE BOULEVARD STE 100 · OVERLAND PARK, KS 66211	Advisory (Plan)	$26,648
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$17,530
GOLDLEAF PARTNERS2+ years Service code 13 · EIN 45-0514557 P.O. BOX 806 · BRAINERD, MN 56401	Contract Administrator	$5,518

Plan features & details

Pension benefit codes2E2F2J2K2T3D3H

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).
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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$52K

$266 / participant

Contract admin$39K75.0%
Other / not subdivided$13K25.0%

% of EOY assets

0.394%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,151

$60,165-1.7%

$74,184-20.3%

$55,167+7.2%

Participation rate

88.8%

74.2%+14.7pp

76.6%+12.2pp

69.0%+19.8pp

Annual return

9.58%

10.00%-0.4pp

17.74%-8.2pp

169.23%-159.7pp

Employer contribution / active EE

$956

$1,600-40.2%

$2,370-59.7%

$1,963-51.3%

Participant deferral / active EE

$4,904

$2,973+65.0%

$3,550+38.1%

$3,054+60.6%

Admin fee / account holder

$233

$419-44.5%

$5,586-95.8%

$504-53.8%

Provider

Service type

Compensation

RESOURCES INVESTMENT ADVISORS LLC2+ years

Filed as: RESOURCES INVESTMENT ADVISORS

Service code 27

4860 COLLEGE BOULEVARD STE 100 · OVERLAND PARK, KS 66211

Advisory (Plan)

$26,648

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$17,530

GOLDLEAF PARTNERS2+ years

Service code 13 · EIN 45-0514557

P.O. BOX 806 · BRAINERD, MN 56401

Contract Administrator

$5,518

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