Retirement plan

STRONGWELL CORPORATION 401(K) PROFIT-SHARING PLAN AND TRUST

Name: STRONGWELL CORPORATION - STRONGWELL CORPORATION 401(K) PROFIT-SHARING PLAN AND TRUST (2016) Form 5500
Creator: STRONGWELL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STRONGWELL CORPORATION 401(K) PROFIT-SHARING PLAN AND TRUST, STRONGWELL CORPORATION

STRONGWELL CORPORATIONEIN 54-1670655Plan #001PY 2016

P.O. BOX 580 - BRISTOL, VA 242030580276-645-8000strongwell.comLinkedIn501-1000 employeesbuilding materials

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$80.4M

-0.6% from 2015

Total participants

587

-1.3% from 2015

Average account balance

$137,466

+1.0% from 2015

Annual return

4.14%

+7.24 pp from 2015

Benchmarks

See 2,356 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,356 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$86.72M

Not enough data

1 years with asset history on file

Average account balance

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

$165K

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.

527

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

$3.01M

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

+8.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$155

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
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO Service code 15 · EIN 94-1347393	Recordkeeping	$84,222
EXETER TRUST COMPANY2+ years Service code 21 · EIN 02-0476209	Bank Trustee	$0
MANNING & NAPIER2+ years Filed as: MANNING & NAPIER ADVISORS, LLC Service code 28 · EIN 45-3328488	Investment Management	$0

Plan features & details

Pension benefit codes2E2F2G2J2K

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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$84K

$225 / participant

Other / not subdivided$84K100.0%

% of EOY assets

0.105%

all-in expense ratio

Categories reported

0 / 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: BROWN, EDWARDS & COMPANY, L.L.P.
Auditor EIN: 540504608
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$137,466

$63,905+115.1%

$74,184+85.3%

$57,658+138.4%

Participation rate

99.5%

79.8%+19.7pp

76.6%+22.8pp

70.2%+29.2pp

Annual return

4.14%

60.60%-56.5pp

17.74%-13.6pp

5.13%-1.0pp

Employer contribution / active EE

$2,526

$1,840+37.2%

$2,370+6.6%

$1,974+28.0%

Participant deferral / active EE

$2,272

$3,448-34.1%

$3,550-36.0%

$3,061-25.8%

Admin fee / account holder

$144

$91+58.1%

$5,586-97.4%

$95+52.3%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.2+ years

Filed as: WELLS FARGO

Service code 15 · EIN 94-1347393

Recordkeeping

$84,222

EXETER TRUST COMPANY2+ years

Service code 21 · EIN 02-0476209

Bank Trustee

MANNING & NAPIER2+ years

Filed as: MANNING & NAPIER ADVISORS, LLC

Service code 28 · EIN 45-3328488

Investment Management

STRONGWELL CORPORATION 401(K) PROFIT-SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STRONGWELL CORPORATION 401(K) PROFIT-SHARING PLAN AND 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