Retirement plan

H.S.I. METAL STAMPING PROFIT SHARING PLAN

Name: H.S.I. METAL STAMPING - H.S.I. METAL STAMPING PROFIT SHARING PLAN (2017) 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 2017

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

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$903K

+4.2% from 2016

Total participants

0.0% from 2016

Average account balance

$60,197

+18.0% from 2016

Annual return

10.28%

-8.48 pp from 2016

Benchmarks

See 21,290 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,290 peers

Snapshot2017

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$138K

$7681 / participant

Other / not subdivided$138K100.0%

% of EOY assets

15.313%

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

$60,197

$98,240-38.7%

$82,312-26.9%

$147,586-59.2%

Participation rate

77.8%

79.7%-1.9pp

76.9%+0.9pp

82.8%-5.1pp

Annual return

10.28%

30.85%-20.6pp

25.88%-15.6pp

578.59%-568.3pp

Employer contribution / active EE

$1,339

$3,192-58.1%

$2,428-44.9%

$4,876-72.5%

Participant deferral / active EE

$3,287

$4,383-25.0%

$3,706-11.3%

$5,439-39.6%

Admin fee / account holder

$9,218

$8,563+7.6%

$5,608+64.4%

$10,886-15.3%

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