Retirement plan

THE ADAMS COMPANY BARGAINING EMPLOYEES 401(K) PLAN

Name: THE ADAMS COMPANY - THE ADAMS COMPANY BARGAINING EMPLOYEES 401(K) PLAN (2019) Form 5500
Creator: THE ADAMS COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ADAMS COMPANY BARGAINING EMPLOYEES 401(K) PLAN, THE ADAMS COMPANY

THE ADAMS COMPANYEIN 42-0107280Plan #003PY 2019

ATR, 855 MAIN STREET, 4TH FLOOR - DUBUQUE, IA 52001800-548-2995theadamscompany.comLinkedIn201-500 employeesmachinery

Other plans on this EIN

1 filing

#001Retirement-$5.9M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.6M

+10.4% from 2018

Total participants

-5.9% from 2018

Average account balance

$53,698

+17.3% from 2018

Annual return

17.97%

+24.44 pp from 2018

Benchmarks

See 14,956 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,956 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.97M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

70.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$136K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+14.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4602

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 codes2E2F2G2J3D2T3H

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.
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

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

$319K

$5692 / participant

Other / not subdivided$319K100.0%

% of EOY assets

12.367%

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

$53,698

$72,486-25.9%

$87,103-38.4%

$72,976-26.4%

Participation rate

71.4%

72.8%-1.4pp

76.9%-5.4pp

69.5%+1.9pp

Annual return

17.97%

24.46%-6.5pp

28.19%-10.2pp

81.02%-63.0pp

Employer contribution / active EE

$1,894-100.0%

$2,521-100.0%

$2,440-100.0%

Participant deferral / active EE

$2,240

$3,270-31.5%

$4,049-44.7%

$3,608-37.9%

Admin fee / account holder

$6,641

$5,055+31.4%

$7,491-11.4%

$5,124+29.6%

THE ADAMS COMPANY BARGAINING EMPLOYEES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ADAMS COMPANY BARGAINING EMPLOYEES 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