Retirement plan

WATLOW GROUP 401(K) PLAN

Name: WATLOW ELECTRIC MANUFACTURING COMPANY - WATLOW GROUP 401(K) PLAN (2019) Form 5500
Creator: WATLOW ELECTRIC MANUFACTURING COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WATLOW GROUP 401(K) PLAN, WATLOW ELECTRIC MANUFACTURING COMPANY

WATLOW ELECTRIC MANUFACTURING COMPANYEIN 43-0574450Plan #003PY 2019

12001 LACKLAND ROAD - ST. LOUIS, MO 63146314-878-4600

Other plans on this EIN

1 filing

#002Retirement-$169.0M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$278M

-10.0% from 2016

Total participants

2,598

-1.2% from 2016

Average account balance

$110,376

-8.8% from 2016

Annual return

22.24%

-7.60 pp from 2016

Benchmarks

See 822 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort822 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$298.18M

Not enough data

1 years with asset history on file

Average account balance

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

$148K

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.

2,014

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.

96.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$18.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+14.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$174

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 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE5+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$157,358
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: ADVISED ASSETS GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$70,434
GALLAGHER FIDUCIARY ADVISORS, LLC4 years Filed as: GALLAGHER BENEFIT SERVICES INC DBA Service code 16 1100 SUPERIOR AVE STE 1700 · CLEVELAND, OH 44114	Consulting	$66,000
RSM US LLP5+ years Filed as: MCGLADREY LLP Service code 10 5155 PAYSPHERE CIRCLE · CHICAGO, IL 60674	Accounting	$14,663
HUSCH BLACKWELL5+ years Filed as: HUSCH BLACKWELL LLP Service code 29 PO BOX 790379 · ST LOUIS, MO 63179	Legal	$7,157

Plan features & details

Pension benefit codes2E2F2J2K2T3F

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).
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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$526K

$321 / participant

Investment mgmt$151K28.7%
Contract admin$157K29.9%
Other / not subdivided$218K41.4%

% of EOY assets

0.189%

all-in expense ratio

Categories reported

2 / 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: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$110,376

$105,173+4.9%

$87,102+26.7%

$77,775+41.9%

Participation rate

95.2%

85.8%+9.4pp

76.9%+18.3pp

73.2%+22.0pp

Annual return

22.24%

24.52%-2.3pp

28.19%-6.0pp

32.58%-10.3pp

Employer contribution / active EE

$6,050

$2,890+109.3%

$2,521+139.9%

$2,504+141.6%

Participant deferral / active EE

$4,969

$5,048-1.6%

$4,048+22.7%

$3,966+25.3%

Admin fee / account holder

$209

$105+99.7%

$7,493-97.2%

$100+108.7%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE5+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$157,358

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: ADVISED ASSETS GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$70,434

GALLAGHER FIDUCIARY ADVISORS, LLC4 years

Filed as: GALLAGHER BENEFIT SERVICES INC DBA

Service code 16

1100 SUPERIOR AVE STE 1700 · CLEVELAND, OH 44114

Consulting

$66,000

RSM US LLP5+ years

Filed as: MCGLADREY LLP

Service code 10

5155 PAYSPHERE CIRCLE · CHICAGO, IL 60674

Accounting

$14,663

HUSCH BLACKWELL5+ years

Filed as: HUSCH BLACKWELL LLP

Service code 29

PO BOX 790379 · ST LOUIS, MO 63179

Legal

$7,157

WATLOW GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WATLOW GROUP 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