Retirement plan

ZENITH AMERICAN SOLUTIONS, INC. RETIREMENT SAVINGS 401(K) PLAN

Name: ZENITH AMERICAN SOLUTIONS, INC - ZENITH AMERICAN SOLUTIONS, INC. RETIREMENT SAVINGS 401(K) PLAN (2018) Form 5500
Creator: ZENITH AMERICAN SOLUTIONS, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ZENITH AMERICAN SOLUTIONS, INC. RETIREMENT SAVINGS 401(K) PLAN, ZENITH AMERICAN SOLUTIONS, INC

ZENITH AMERICAN SOLUTIONS, INCEIN 52-1590516Plan #001PY 2018

18861 90TH AVENUE, SUITE A - MOKENA, IL 60448800-237-7767zenith-american.comLinkedIn1001-5000 employeesinsurance

Other plans on this EIN

3 filings

#002Retirement-$10.9M assets #004Retirement-$5.3M assets #003Retirement--

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$85.2M

+1.1% from 2017

Total participants

1,478

+8.4% from 2017

Average account balance

$74,462

-4.5% from 2017

Annual return

5.73%

-8.96 pp from 2017

Benchmarks

See 547 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants1,000-4,999

Cohort547 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$128.78M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

1,264

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.

56.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.51M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$90

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

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Service providers

Top 10 of 11 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY WEALTH MGMT Service code 27 · EIN 26-4310632	Advisory (Plan)	$57,979
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Service code 49 · EIN 04-1590850	Other Services	$26,179
CHERRY BEKAERT LLP2 years Service code 50 · EIN 56-0574444	Direct Payment	$20,500
AMERICAN FUNDS2 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
COHEN & STEERS2 years Service code 52 · EIN 14-1904657	Indirect Investment Fees	$0
COLUMBIA2 years Service code 52 · EIN 41-1458705	Indirect Investment Fees	$0
FRANKLIN TEMPLETON1 year Service code 52 · EIN 13-2573775	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY2 years Filed as: JP MORGAN Service code 52 · EIN 33-1043149	Indirect Investment Fees	$0
NORTHERN FUNDS2 years Service code 52 · EIN 36-3608252	Indirect Investment Fees	$0
PGIM INVESTMENTS2 years Service code 52 · EIN 13-3040042	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D3F3H2T

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.
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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$110K

$109 / participant

Investment mgmt$58K52.7%
Contract admin$25K23.1%
Other / not subdivided$27K24.2%

% of EOY assets

0.129%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

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: CHERRY BEKAERT LLP
Auditor EIN: 580574444
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$74,462

$82,546-9.8%

$140,019-46.8%

$75,289-1.1%

Participation rate

66.9%

88.4%-21.5pp

87.5%-20.6pp

72.4%-5.6pp

Annual return

5.73%

-0.36%+6.1pp

651.17%-645.4pp

-0.04%+5.8pp

Employer contribution / active EE

$874

$3,856-77.3%

$5,605-84.4%

$2,405-63.6%

Participant deferral / active EE

$3,393

$5,731-40.8%

$6,927-51.0%

$3,739-9.3%

Admin fee / account holder

$96

$86+12.1%

$10,705-99.1%

$102-6.0%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY2 years

Filed as: MORGAN STANLEY WEALTH MGMT

Service code 27 · EIN 26-4310632

Advisory (Plan)

$57,979

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Service code 49 · EIN 04-1590850

Other Services

$26,179

CHERRY BEKAERT LLP2 years

Service code 50 · EIN 56-0574444

Direct Payment

$20,500

AMERICAN FUNDS2 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

COHEN & STEERS2 years

Service code 52 · EIN 14-1904657

Indirect Investment Fees

COLUMBIA2 years

Service code 52 · EIN 41-1458705

Indirect Investment Fees

FRANKLIN TEMPLETON1 year

Service code 52 · EIN 13-2573775

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY2 years

Filed as: JP MORGAN

Service code 52 · EIN 33-1043149

Indirect Investment Fees

NORTHERN FUNDS2 years

Service code 52 · EIN 36-3608252

Indirect Investment Fees

PGIM INVESTMENTS2 years

Service code 52 · EIN 13-3040042

Indirect Investment Fees

ZENITH AMERICAN SOLUTIONS, INC. RETIREMENT SAVINGS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ZENITH AMERICAN SOLUTIONS, INC. RETIREMENT SAVINGS 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