Retirement plan

ADVANCED DRAINAGE SYSTEMS, INC. PROFIT SHARING RETIREMENT TRUST

Name: ADVANCED DRAINAGE SYSTEMS, INC. - ADVANCED DRAINAGE SYSTEMS, INC. PROFIT SHARING RETIREMENT TRUST (2019) Form 5500
Creator: ADVANCED DRAINAGE SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADVANCED DRAINAGE SYSTEMS, INC. PROFIT SHARING RETIREMENT TRUST, ADVANCED DRAINAGE SYSTEMS, INC.

ADVANCED DRAINAGE SYSTEMS, INC.EIN 51-0105665Plan #001PY 2019

4640 TRUEMAN BOULEVARD - HILLIARD, OH 430262438800-733-7473adspipe.comLinkedIn1001-5000 employeesconstruction

Other plans on this EIN

1 filing

#003Retirement-$530.0M assets

Prospect flagsLow returnsLow assets / participantLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$104.9M

-8.8% from 2017

Total participants

5,621

-6.0% from 2017

Average account balance

$18,992

-3.6% from 2017

Annual return

4.18%

-11.89 pp from 2017

Benchmarks

See 383 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort383 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.10B

Not enough data

1 years with asset history on file

Average account balance

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

$178K

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.

6,170

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.

99.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$43.04M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

-19.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$106

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 10 of 15 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY4+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 28 · EIN 26-4310632	Investment Management	$163,653
NORTHERN TRUST COMPANY2 years Service code 28 · EIN 36-1561860	Investment Management	$131,165
FIFTH THIRD BANK RETIREMENT SERVICE4+ years Service code 28 · EIN 31-1051736	Investment Management	$122,691
NUVEEN4+ years Filed as: NWQ INVESTMENT MANAGEMENT CO. LLC Service code 28 · EIN 47-0875103	Investment Management	$85,344
DELAWARE INVESTMENTS4+ years Filed as: DELAWARE CAPITAL MANAGEMENT Service code 28 · EIN 23-3061021	Investment Management	$47,744
CALAMOS ADVISORS LLC4+ years Filed as: CALAMOS INVESTMENTS LLC Service code 28 · EIN 20-1768357	Investment Management	$43,796
GOLDMAN SACHS4+ years Filed as: GOLDMAN SACHS ASSET MANAGEMENT L.P. Service code 28 · EIN 13-3575636	Investment Management	$42,608
CROWE LLP2 years Service code 15 · EIN 35-0921680	Recordkeeping	$34,884
MADISON INVESTMENT ADVISORS4+ years Filed as: MADISON INVESTMENT ADVISORS, LLC Service code 28 · EIN 54-1815009	Investment Management	$30,384
BELLWETHER CONSULTING LLC1 year Filed as: BELLWETHER Service code 16 · EIN 22-3784192	Consulting	$29,700

Plan features & details

Pension benefit codes2E2J2K

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return 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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$815K

$231 / participant

Investment mgmt$714K87.6%
Other / not subdivided$101K12.4%

% of EOY assets

0.777%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GBQ PARTNERS LLC
Auditor EIN: 202122306
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,992

$96,403-80.3%

$93,621-79.7%

$77,775-75.6%

Participation rate

97.2%

87.6%+9.5pp

75.8%+21.3pp

73.2%+24.0pp

Annual return

4.18%

39.36%-35.2pp

32.76%-28.6pp

32.58%-28.4pp

Employer contribution / active EE

$3,616-100.0%

$2,719-100.0%

$2,504-100.0%

Participant deferral / active EE

$2,419

$5,341-54.7%

$4,070-40.6%

$3,966-39.0%

Admin fee / account holder

$148

$90+64.8%

$7,890-98.1%

$100+47.4%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY4+ years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 28 · EIN 26-4310632

Investment Management

$163,653

NORTHERN TRUST COMPANY2 years

Service code 28 · EIN 36-1561860

Investment Management

$131,165

FIFTH THIRD BANK RETIREMENT SERVICE4+ years

Service code 28 · EIN 31-1051736

Investment Management

$122,691

NUVEEN4+ years

Filed as: NWQ INVESTMENT MANAGEMENT CO. LLC

Service code 28 · EIN 47-0875103

Investment Management

$85,344

DELAWARE INVESTMENTS4+ years

Filed as: DELAWARE CAPITAL MANAGEMENT

Service code 28 · EIN 23-3061021

Investment Management

$47,744

CALAMOS ADVISORS LLC4+ years

Filed as: CALAMOS INVESTMENTS LLC

Service code 28 · EIN 20-1768357

Investment Management

$43,796

GOLDMAN SACHS4+ years

Filed as: GOLDMAN SACHS ASSET MANAGEMENT L.P.

Service code 28 · EIN 13-3575636

Investment Management

$42,608

CROWE LLP2 years

Service code 15 · EIN 35-0921680

Recordkeeping

$34,884

MADISON INVESTMENT ADVISORS4+ years

Filed as: MADISON INVESTMENT ADVISORS, LLC

Service code 28 · EIN 54-1815009

Investment Management

$30,384

BELLWETHER CONSULTING LLC1 year

Filed as: BELLWETHER

Service code 16 · EIN 22-3784192

Consulting

$29,700

ADVANCED DRAINAGE SYSTEMS, INC. PROFIT SHARING RETIREMENT TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADVANCED DRAINAGE SYSTEMS, INC. PROFIT SHARING RETIREMENT TRUST

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