Retirement plan

IWIS ENGINE SYSTEMS, LP SAFE HARBOR 401(K) PLAN

Name: IWIS ENGINE SYSTEMS, LP - IWIS ENGINE SYSTEMS, LP SAFE HARBOR 401(K) PLAN (2016) Form 5500
Creator: IWIS ENGINE SYSTEMS, LP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IWIS ENGINE SYSTEMS, LP SAFE HARBOR 401(K) PLAN, IWIS ENGINE SYSTEMS, LP

IWIS ENGINE SYSTEMS, LPEIN 45-1202560Plan #001PY 2016

3500 NORTH US HWY 641 - MURRAY, KY 42071270-767-6183

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$296K

+543.2% from 2015

Total participants

+215.0% from 2015

Average account balance

$5,192

+125.7% from 2015

Annual return

397.22%

+328.34 pp from 2015

Benchmarks

See 15,088 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort15,088 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.72M

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

162

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.

85.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$253K

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

+13.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$67

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$14K

$265 / participant

Other / not subdivided$14K100.0%

% of EOY assets

4.745%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$5,192

$60,352-91.4%

$74,185-93.0%

$62,881-91.7%

Participation rate

88.7%

72.7%+16.0pp

76.6%+12.1pp

69.3%+19.4pp

Annual return

397.22%

21.37%+375.8pp

17.74%+379.5pp

20.14%+377.1pp

Employer contribution / active EE

$924

$1,680-45.0%

$2,370-61.0%

$2,281-59.5%

Participant deferral / active EE

$608

$2,856-78.7%

$3,550-82.9%

$3,203-81.0%

Admin fee / account holder

$246

$4,261-94.2%

$5,586-95.6%

$4,296-94.3%

IWIS ENGINE SYSTEMS, LP SAFE HARBOR 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IWIS ENGINE SYSTEMS, LP SAFE HARBOR 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