Retirement plan

NORTH AMERICAN HOGANAS UNION 401(K) PLAN

Name: NORTH AMERICAN HOGANAS HOLDINGS - NORTH AMERICAN HOGANAS UNION 401(K) PLAN (2024) Form 5500
Creator: NORTH AMERICAN HOGANAS HOLDINGS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTH AMERICAN HOGANAS UNION 401(K) PLAN, NORTH AMERICAN HOGANAS HOLDINGS

NORTH AMERICAN HOGANAS HOLDINGSEIN 51-0389733Plan #002PY 2024

111 HOGANAS WAY - HOLLSOPPLE, PA 15935814-479-3553

Other plans on this EIN

1 filing

#001Retirement-$50.9M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$22.6M

+12.8% from 2023

Total participants

226

-1.7% from 2023

Average account balance

$100,008

+14.8% from 2023

Annual return

13.00%

-1.58 pp from 2023

Benchmarks

See 4,101 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,101 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.60M

Not enough data

1 years with asset history on file

Average account balance

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

$100K

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.

226

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.24M

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

+13.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$107

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
D.B. ROOT & COMPANY, LLC6 years Service code 15 · EIN 82-1414976	Recordkeeping	$20,013
ADP BROKER-DEALER5 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$4,185
ADP BROKER-DEALER10+ years Service code 59 · EIN 22-3319984	Shareholder Servicing	$0

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$24K

$131 / participant

Recordkeeping$4K17.3%
Investment mgmt$20K82.7%

% of EOY assets

0.107%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BARNES SALY & COMPANY P.C.
Auditor EIN: 364775872
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$100,008

$79,209+26.3%

$102,434-2.4%

$74,459+34.3%

Participation rate

100.0%

74.8%+25.2pp

76.5%+23.5pp

67.2%+32.8pp

Annual return

13.00%

54.98%-42.0pp

29.46%-16.5pp

1369.70%-1356.7pp

Employer contribution / active EE

$2,535

$2,362+7.3%

$3,023-16.1%

$2,626-3.4%

Participant deferral / active EE

$4,206

$4,417-4.8%

$5,055-16.8%

$4,350-3.3%

Admin fee / account holder

$107

$2,002-94.7%

$9,462-98.9%

$1,945-94.5%

Provider

Service type

Compensation

D.B. ROOT & COMPANY, LLC6 years

Service code 15 · EIN 82-1414976

Recordkeeping

$20,013

ADP BROKER-DEALER5 years

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$4,185

ADP BROKER-DEALER10+ years

Service code 59 · EIN 22-3319984

Shareholder Servicing

NORTH AMERICAN HOGANAS UNION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTH AMERICAN HOGANAS UNION 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