Retirement plan

FOAM FABRICATORS INC. PROFIT SHARING & 401K PLAN

Name: FOAM FABRICATORS INC. - FOAM FABRICATORS INC. PROFIT SHARING & 401K PLAN (2017) 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 2017

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

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$11.4M

+19.5% from 2016

Total participants

276

-0.4% from 2016

Average account balance

$41,612

+20.8% from 2016

Annual return

16.11%

+12.35 pp from 2016

Benchmarks

See 1,152 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,152 peers

Snapshot2017

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 LLC2 years Filed as: GLOBAL RETIREMENT PARTNERS Service code 27 4340 REDWOOD HIGHWAY SUITE B60 · SAN RAFAEL, CA 94903	Advisory (Plan)	$33,726
MCCREADY & KEENE INC.1 year Service code 15 · EIN 35-0500670	Recordkeeping	$23,479
MATRIX TRUST COMPANY2 years Filed as: MG TRUST CO. DBA MATRIX TRUST CO. Service code 18 · EIN 75-3182674	Account maintenance fees; Distributio...	$4,337

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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$62K

$241 / participant

Investment mgmt$34K54.8%
Contract admin$23K38.2%
Other / not subdivided$4K7.0%

% of EOY assets

0.540%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,612

$75,284-44.7%

$91,004-54.3%

$69,631-40.2%

Participation rate

99.2%

80.4%+18.8pp

75.6%+23.6pp

70.7%+28.5pp

Annual return

16.11%

48.40%-32.3pp

4.60%+11.5pp

27571.02%-27554.9pp

Employer contribution / active EE

$588

$2,473-76.2%

$2,456-76.0%

$2,032-71.1%

Participant deferral / active EE

$2,017

$3,700-45.5%

$3,548-43.2%

$3,224-37.4%

Admin fee / account holder

$225

$111+103.1%

$5,417-95.9%

$110+103.4%

Provider

Service type

Compensation

GLOBAL RETIREMENT PARTNERS LLC2 years

Filed as: GLOBAL RETIREMENT PARTNERS

Service code 27

4340 REDWOOD HIGHWAY SUITE B60 · SAN RAFAEL, CA 94903

Advisory (Plan)

$33,726

MCCREADY & KEENE INC.1 year

Service code 15 · EIN 35-0500670

Recordkeeping

$23,479

MATRIX TRUST COMPANY2 years

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

Service code 18 · EIN 75-3182674

Account maintenance fees; Distributio...

$4,337

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