Retirement plan

HEAD USA, INC. 401K PLAN

Name: HEAD USA, INC. - HEAD USA, INC. 401K PLAN (2015) Form 5500
Creator: HEAD USA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEAD USA, INC. 401K PLAN, HEAD USA, INC.

HEAD USA, INC.EIN 52-1842459Plan #001PY 2015

306 S 45TH AVE - PHOENIX, AZ 850433913602-447-2202LinkedIn51-200 employeessporting goods

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$11.9M

No prior year

Total participants

150

No prior year

Average account balance

$87,738

No prior year

Annual return

-0.56%

No prior year

Benchmarks

See 3,906 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort3,906 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.66M

Not enough data

1 years with asset history on file

Average account balance

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

$122K

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.

161

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.

89.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.23M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+14.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$317

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 4 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290	Contract Administrator	$25,128
RAYMOND JAMES FINANCIAL SERVICES1+ years Filed as: RAYMOND JAMES INSURANCE GROUP INC Service code 49 · EIN 59-1199408	Other Services	$1,587
AMERIPRISE FINANCIAL SERVICES INC1+ years Filed as: AMERIPRISE FINANCIAL SVCS INC Service code 49 · EIN 41-0973005	Other Services	$0
WILSHIRE ASSOCIATES INCORPORATED1+ years Service code 27 · EIN 95-2755361	Advisory (Plan)	$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

$25K

$237 / participant

Contract admin$25K100.0%

% of EOY assets

0.211%

all-in expense ratio

Categories reported

1 / 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: TULL, FORSBERG & OLSON, PLLC
Auditor EIN: 860130568
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$87,738

$54,320+61.5%

$67,653+29.7%

$52,331+67.7%

Participation rate

86.8%

73.6%+13.2pp

75.7%+11.1pp

68.1%+18.7pp

Annual return

-0.56%

6.81%-7.4pp

6625.22%-6625.8pp

4.54%-5.1pp

Employer contribution / active EE

$2,575

$1,544+66.8%

$2,266+13.6%

$1,882+36.8%

Participant deferral / active EE

$5,217

$2,950+76.8%

$3,560+46.6%

$3,022+72.6%

Admin fee / account holder

$185

$527-64.9%

$4,821-96.2%

$592-68.8%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY1+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$25,128

RAYMOND JAMES FINANCIAL SERVICES1+ years

Filed as: RAYMOND JAMES INSURANCE GROUP INC

Service code 49 · EIN 59-1199408

Other Services

$1,587

AMERIPRISE FINANCIAL SERVICES INC1+ years

Filed as: AMERIPRISE FINANCIAL SVCS INC

Service code 49 · EIN 41-0973005

Other Services

WILSHIRE ASSOCIATES INCORPORATED1+ years

Service code 27 · EIN 95-2755361

Advisory (Plan)

HEAD USA, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEAD USA, INC. 401K 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