Retirement plan

JOHNSON GAS APPLIANCE COMPANY NON-UNION 401(K) PLAN

Name: JOHNSON GAS APPLIANCE COMPANY - JOHNSON GAS APPLIANCE COMPANY NON-UNION 401(K) PLAN (2017) Form 5500
Creator: JOHNSON GAS APPLIANCE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOHNSON GAS APPLIANCE COMPANY NON-UNION 401(K) PLAN, JOHNSON GAS APPLIANCE COMPANY

JOHNSON GAS APPLIANCE COMPANYEIN 42-0637287Plan #001PY 2017

520 E AVE NW - CEDAR RAPIDS, IA 524053855319-365-5267johnsonappliance.netLinkedIn1-10 employeesindividual & family services

Other plans on this EIN

1 filing

#002Retirement-$339K assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$4.3M

-1.9% from 2016

Total participants

-28.6% from 2016

Average account balance

$100,952

+32.3% from 2016

Annual return

9.75%

+2.90 pp from 2016

Benchmarks

See 14,968 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,968 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.32M

Not enough data

1 years with asset history on file

Average account balance

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

$134K

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.

127.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$355K

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

+10.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$19294

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 codes2E2F2G2J2R2T3D

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$864K

$24679 / participant

Other / not subdivided$864K100.0%

% of EOY assets

19.898%

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

$100,952

$67,602+49.3%

$82,312+22.6%

$70,126+44.0%

Participation rate

94.3%

72.8%+21.5pp

76.9%+17.4pp

69.5%+24.7pp

Annual return

9.75%

21.57%-11.8pp

25.88%-16.1pp

73.15%-63.4pp

Employer contribution / active EE

$3,140

$1,755+78.9%

$2,428+29.3%

$2,343+34.0%

Participant deferral / active EE

$6,758

$2,987+126.2%

$3,706+82.3%

$3,332+102.8%

Admin fee / account holder

$20,087

$4,512+345.2%

$5,608+258.2%

$4,645+332.4%

JOHNSON GAS APPLIANCE COMPANY NON-UNION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOHNSON GAS APPLIANCE COMPANY NON-UNION 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