Retirement plan

TITAN TIRE CORPORATION SAVINGS PLAN

Name: TITAN TIRE CORPORATION - TITAN TIRE CORPORATION SAVINGS PLAN (2015) Form 5500
Creator: TITAN TIRE CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TITAN TIRE CORPORATION SAVINGS PLAN, TITAN TIRE CORPORATION

TITAN TIRE CORPORATIONEIN 42-1424945Plan #004PY 2015

C/O TITAN INTERNATIONAL, INC, 2701 SPRUCE STREET - QUINCY, IL 623013473217-228-6011titan-intl.comLinkedIn5001-10000 employeesconsumer goods

Other plans on this EIN

1 filing

#003Retirement-$43.4M assets

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$30.3M

No prior year

Total participants

1,311

No prior year

Average account balance

$54,772

No prior year

Annual return

311.31%

No prior year

Benchmarks

See 357 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort357 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.98M

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

294

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.

32.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$799K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+9.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$175

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
JPMORGAN INVEST HOLDINGS LLC1+ years Filed as: JPMORGAN CHASE BANK, N.A. Service code 21 · EIN 13-2624428	Bank Trustee	$17,790
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: GREAT-WEST L&A CO Service code 15	Recordkeeping	$0
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: GREAT-WEST LIFE & ANNUITY COMPANY Service code 15 · EIN 84-0467907	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2H2J2K3H

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$18K

$15 / participant

Investment mgmt$15K83.1%
Other / not subdivided$3K16.9%

% of EOY assets

0.059%

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: GRANT THORNTON LLP
Auditor EIN: 366055558
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,772

$81,321-32.6%

$68,509-20.1%

$59,188-7.5%

Participation rate

36.9%

83.8%-46.9pp

74.7%-37.8pp

69.4%-32.5pp

Annual return

311.31%

4.65%+306.7pp

8.27%+303.0pp

5.51%+305.8pp

Employer contribution / active EE

$3,297-100.0%

$2,278-100.0%

$2,098-100.0%

Participant deferral / active EE

$865

$4,592-81.2%

$3,382-74.4%

$3,265-73.5%

Admin fee / account holder

$32

$62-47.9%

$5,275-99.4%

$92-65.1%

Provider

Service type

Compensation

JPMORGAN INVEST HOLDINGS LLC1+ years

Filed as: JPMORGAN CHASE BANK, N.A.

Service code 21 · EIN 13-2624428

Bank Trustee

$17,790

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: GREAT-WEST L&A CO

Service code 15

Recordkeeping

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: GREAT-WEST LIFE & ANNUITY COMPANY

Service code 15 · EIN 84-0467907

Recordkeeping

TITAN TIRE CORPORATION SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TITAN TIRE CORPORATION SAVINGS 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