Retirement plan

FOAM FABRICATORS INC. PROFIT SHARING & 401K PLAN

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

FOAM FABRICATORS INC.EIN 43-0730823Plan #002PY 2016

8722 E. SAN ALBERTO DRIVE SUITE 200 - SCOTTSDALE, AZ 85258480-607-7330

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$9.5M

+5.2% from 2015

Total participants

277

-0.4% from 2015

Average account balance

$34,454

+4.4% from 2015

Annual return

3.76%

+7.31 pp from 2015

Benchmarks

See 1,139 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,139 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.37M

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

825

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.

88.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.78M

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

+8.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$81

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
GLOBAL RETIREMENT PARTNERS LLC1 year Filed as: GLOBAL RETIREMENT PARTNERS Service code 27 4340 REDWOOD HIGHWAY SUITE B60 · SAN RAFAEL, CA 94903	Advisory (Plan)	$33,776
MCCREADY & KEENE INC.2+ years Filed as: MCCREADY & KEENE, INC. Service code 15 · EIN 35-0500670	Recordkeeping	$23,711
MATRIX TRUST COMPANY1 year Filed as: MG TRUST CO. DBA MATRIX TRUST CO. Service code 18 · EIN 75-3182674	Sub-transfer agency fees; Trustee (di...	$4,566

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$62K

$241 / participant

Investment mgmt$38K61.8%
Other / not subdivided$24K38.2%

% of EOY assets

0.650%

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: WALLACE PLESE & DREHER LLP
Auditor EIN: 860841383
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,454

$74,024-53.5%

$78,002-55.8%

$57,658-40.2%

Participation rate

100.0%

79.7%+20.3pp

75.5%+24.5pp

70.2%+29.8pp

Annual return

3.76%

12.14%-8.4pp

425.99%-422.2pp

5.13%-1.4pp

Employer contribution / active EE

$584

$2,365-75.3%

$2,470-76.4%

$1,974-70.4%

Participant deferral / active EE

$2,039

$3,533-42.3%

$3,497-41.7%

$3,061-33.4%

Admin fee / account holder

$224

$93+140.4%

$5,481-95.9%

$95+137.0%

Provider

Service type

Compensation

GLOBAL RETIREMENT PARTNERS LLC1 year

Filed as: GLOBAL RETIREMENT PARTNERS

Service code 27

4340 REDWOOD HIGHWAY SUITE B60 · SAN RAFAEL, CA 94903

Advisory (Plan)

$33,776

MCCREADY & KEENE INC.2+ years

Filed as: MCCREADY & KEENE, INC.

Service code 15 · EIN 35-0500670

Recordkeeping

$23,711

MATRIX TRUST COMPANY1 year

Filed as: MG TRUST CO. DBA MATRIX TRUST CO.

Service code 18 · EIN 75-3182674

Sub-transfer agency fees; Trustee (di...

$4,566

FOAM FABRICATORS INC. PROFIT SHARING & 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FOAM FABRICATORS INC. PROFIT SHARING & 401K 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