Retirement plan

HEAD USA, INC. 401K PLAN

Name: HEAD USA, INC. - HEAD USA, INC. 401K PLAN (2016) 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 2016

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$12.4M

+3.8% from 2015

Total participants

152

+1.3% from 2015

Average account balance

$91,737

+4.6% from 2015

Annual return

6.57%

+7.13 pp from 2015

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

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 3 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290	Contract Administrator	$23,641
AMERIPRISE FINANCIAL SERVICES INC2+ years Filed as: AMERIPRISE FINANCIAL SVCS INC Service code 49 · EIN 41-0973005	Other Services	$2,316
WILSHIRE ASSOCIATES INCORPORATED2+ 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

$24K

$223 / participant

Contract admin$24K100.0%

% of EOY assets

0.191%

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, PLC
Auditor EIN: 860130568
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$91,737

$60,165+52.5%

$74,184+23.7%

$55,167+66.3%

Participation rate

84.0%

74.2%+9.8pp

76.6%+7.3pp

69.0%+15.0pp

Annual return

6.57%

10.00%-3.4pp

17.74%-11.2pp

169.23%-162.7pp

Employer contribution / active EE

$2,540

$1,600+58.8%

$2,370+7.2%

$1,963+29.4%

Participant deferral / active EE

$5,197

$2,973+74.8%

$3,550+46.4%

$3,054+70.2%

Admin fee / account holder

$175

$419-58.2%

$5,586-96.9%

$504-65.2%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY2+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$23,641

AMERIPRISE FINANCIAL SERVICES INC2+ years

Filed as: AMERIPRISE FINANCIAL SVCS INC

Service code 49 · EIN 41-0973005

Other Services

$2,316

WILSHIRE ASSOCIATES INCORPORATED2+ 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