Retirement plan

KNOWLTON TECHNOLOGIES, LLC UNION PLAN

Name: KNOWLTON TECHNOLOGIES, LLC - KNOWLTON TECHNOLOGIES, LLC UNION PLAN (2019) Form 5500
Creator: KNOWLTON TECHNOLOGIES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KNOWLTON TECHNOLOGIES, LLC UNION PLAN, KNOWLTON TECHNOLOGIES, LLC

KNOWLTON TECHNOLOGIES, LLCEIN 47-1424475Plan #002PY 2019

213 FACTORY STREET - WATERTOWN, NY 136012748315-782-0600knowlton-co.comLinkedIn51-200 employeesconsumer goods

Other plans on this EIN

1 filing

#001Retirement-$4.2M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.8M

+35.1% from 2018

Total participants

115

+1.8% from 2018

Average account balance

$43,477

+33.9% from 2018

Annual return

22.07%

+29.16 pp from 2018

Benchmarks

See 1,981 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,981 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.24M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

121

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.

95.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$749K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+10.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18

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 codes2E2F2J2T3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$92K

$854 / participant

Other / not subdivided$92K100.0%

% of EOY assets

1.928%

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

$43,477

$66,319-34.4%

$93,621-53.6%

$65,186-33.3%

Participation rate

95.4%

74.0%+21.4pp

75.8%+19.5pp

70.2%+25.2pp

Annual return

22.07%

42.59%-20.5pp

32.76%-10.7pp

29.39%-7.3pp

Employer contribution / active EE

$2,747

$2,013+36.5%

$2,719+1.0%

$2,177+26.2%

Participant deferral / active EE

$2,369

$3,343-29.1%

$4,070-41.8%

$3,514-32.6%

Admin fee / account holder

$838

$6,900-87.9%

$7,890-89.4%

$847-1.1%

KNOWLTON TECHNOLOGIES, LLC UNION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KNOWLTON TECHNOLOGIES, LLC UNION 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