Retirement plan

H.S.I. METAL STAMPING PROFIT SHARING PLAN

Name: H.S.I. METAL STAMPING - H.S.I. METAL STAMPING PROFIT SHARING PLAN (2016) Form 5500
Creator: H.S.I. METAL STAMPING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, H.S.I. METAL STAMPING PROFIT SHARING PLAN, H.S.I. METAL STAMPING

H.S.I. METAL STAMPINGEIN 41-1224783Plan #001PY 2016

1508 FIRST STREET NE - BUFFALO, MN 553132160763-682-1114hsimetalstamping.comLinkedIn11-50 employeesmechanical or industrial engineering

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$867K

No prior year

Total participants

No prior year

Average account balance

$50,998

No prior year

Annual return

18.77%

No prior year

Benchmarks

See 21,241 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,241 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.49M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

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.

140.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$92K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1566

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

0 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 codes2E2G2R3D

Plan features

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

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

$14K

$852 / participant

Other / not subdivided$14K100.0%

% of EOY assets

1.573%

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

$50,998

$88,707-42.5%

$74,184-31.3%

$273,972-81.4%

Participation rate

87.5%

79.4%+8.1pp

76.6%+10.9pp

83.0%+4.5pp

Annual return

18.77%

11.94%+6.8pp

17.74%+1.0pp

41.46%-22.7pp

Employer contribution / active EE

$2,541

$3,159-19.6%

$2,370+7.2%

$4,869-47.8%

Participant deferral / active EE

$2,954

$4,212-29.9%

$3,550-16.8%

$5,287-44.1%

Admin fee / account holder

$802

$8,717-90.8%

$5,586-85.6%

$10,133-92.1%

H.S.I. METAL STAMPING PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

H.S.I. METAL STAMPING PROFIT SHARING 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