Retirement plan

HIRSCHBACH COMPANIES 401(K) PROFIT SHARING PLAN

Name: HIRSCHBACH MOTOR LINES, INC. - HIRSCHBACH COMPANIES 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: HIRSCHBACH MOTOR LINES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HIRSCHBACH COMPANIES 401(K) PROFIT SHARING PLAN, HIRSCHBACH MOTOR LINES, INC.

HIRSCHBACH MOTOR LINES, INC.EIN 42-0883252Plan #001PY 2016

2460 KERPER BLVD - DUBUQUE, IA 52001402-494-5000

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed September 18, 2020 (most recent of 2 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

2460 Kerper Blvd

Dubuque, IA 52001

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Plans declared (3)

Hirschbach Retention Bonus Nonqualified Plan32 emp
Hirschbach Nonqualified Deferred Compensation Plan15 emp
Hirschbach Motor Lines All-In Rewards and Retention Plan0 emp

Total covered: 47 employees

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Total assets (EOY)

$6.9M

+8.8% from 2015

Total participants

231

+6.5% from 2015

Average account balance

$29,960

-16.2% from 2015

Annual return

6.70%

+5.29 pp from 2015

Benchmarks

See 1,015 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,015 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.63M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

1,172

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.

50.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.73M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+48.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$140

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
INDEPENDENT FINANCIAL PARTNERS1 year Service code 27 · EIN 59-3331424	Advisory (Plan)	$14,200
PRUDENTIAL RETIREMENT INSURANCE AND2+ years Filed as: THE PRUDENTIAL INSURANCE COMPANY OF Service code 10 · EIN 22-1211670	Accounting	$12,053

Plan features & details

Pension benefit codes2E2G2J2K3H

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.
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.
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

$16K

$84 / participant

Investment mgmt$16K100.0%

% of EOY assets

0.233%

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: SCHNURR & COMPANY, LLP
Auditor EIN: 421282836
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,960

$44,425-32.6%

$67,834-55.8%

$55,167-45.7%

Participation rate

100.0%

59.7%+40.3pp

68.8%+31.2pp

69.0%+31.0pp

Annual return

6.70%

17.80%-11.1pp

138.47%-131.8pp

169.23%-162.5pp

Employer contribution / active EE

$772

$1,351-42.9%

$2,403-67.9%

$1,963-60.7%

Participant deferral / active EE

$3,361

$2,166+55.2%

$3,160+6.4%

$3,054+10.0%

Admin fee / account holder

$70

$530-86.9%

$4,622-98.5%

$504-86.2%

Provider

Service type

Compensation

INDEPENDENT FINANCIAL PARTNERS1 year

Service code 27 · EIN 59-3331424

Advisory (Plan)

$14,200

PRUDENTIAL RETIREMENT INSURANCE AND2+ years

Filed as: THE PRUDENTIAL INSURANCE COMPANY OF

Service code 10 · EIN 22-1211670

Accounting

$12,053

HIRSCHBACH COMPANIES 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (3)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HIRSCHBACH COMPANIES 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (3)

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