Retirement plan

AJINOMOTO NORTH AMERICA, INC. 401(K) PLAN

Name: AJINOMOTO NORTH AMERICA, INC. - AJINOMOTO NORTH AMERICA, INC. 401(K) PLAN (2016) Form 5500
Creator: AJINOMOTO NORTH AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AJINOMOTO NORTH AMERICA, INC. 401(K) PLAN, AJINOMOTO NORTH AMERICA, INC.

AJINOMOTO NORTH AMERICA, INC.EIN 47-2979265Plan #002PY 2016

4020 AJINOMOTO DRIVE - RALEIGH, NC 27610201-292-3200ajinorthamerica.comLinkedIn501-1000 employeesfood production

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$54.5M

+10.0% from 2015

Total participants

620

+0.6% from 2015

Average account balance

$87,871

+9.2% from 2015

Annual return

9.13%

+9.08 pp from 2015

Benchmarks

See 1,219 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,219 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$131.55M

Not enough data

1 years with asset history on file

Average account balance

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

$133K

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.

989

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.

97.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+13.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$221

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
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS Service code 26 · EIN 34-1542819	Advisory (Participants)	$77,260
PRUDENTIAL RETIREMENT INSURANCE AND2+ years Filed as: PRUDENTIAL INSURANCE CO. OF AMERICA Service code 14 · EIN 22-1211670	Plan Administrator	$29,011
ERNST & YOUNG LLP2+ years Service code 10 · EIN 34-6565596	Accounting	$6,161

Plan features & details

Pension benefit codes2E2G2J2K2S2T3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

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: ERNST & YOUNG LLP
Auditor EIN: 346565596
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$87,871

$107,378-18.2%

$108,582-19.1%

$57,658+52.4%

Participation rate

100.0%

77.1%+22.9pp

79.6%+20.4pp

70.2%+29.8pp

Annual return

9.13%

12.80%-3.7pp

-51.70%+60.8pp

5.13%+4.0pp

Employer contribution / active EE

$3,994

$1,782+124.2%

$3,758+6.3%

$1,974+102.4%

Participant deferral / active EE

$5,138

$3,221+59.5%

$4,311+19.2%

$3,061+67.9%

Admin fee / account holder

$108-100.0%

$7,645-100.0%

$95-100.0%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO ADVISORS

Service code 26 · EIN 34-1542819

Advisory (Participants)

$77,260

PRUDENTIAL RETIREMENT INSURANCE AND2+ years

Filed as: PRUDENTIAL INSURANCE CO. OF AMERICA

Service code 14 · EIN 22-1211670

Plan Administrator

$29,011

ERNST & YOUNG LLP2+ years

Service code 10 · EIN 34-6565596

Accounting

$6,161

AJINOMOTO NORTH AMERICA, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

AJINOMOTO NORTH AMERICA, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion