Retirement plan

OWENS & MINOR 401(K) SAVINGS AND RETIREMENT PLAN

Name: OWENS & MINOR, INC. - OWENS & MINOR 401(K) SAVINGS AND RETIREMENT PLAN (2019) Form 5500
Creator: OWENS & MINOR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OWENS & MINOR 401(K) SAVINGS AND RETIREMENT PLAN, OWENS & MINOR, INC.

OWENS & MINOR, INC.EIN 54-1701843Plan #002PY 2019

9120 LOCKWOOD BLVD. - MECHANICSVILLE, VA 231162015804-723-7709owens-minor.comLinkedIn10001+ employeeshospital & health care

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed November 9, 2012

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$444.2M

-3.7% from 2016

Total participants

9,766

-2.2% from 2016

Average account balance

$49,808

-1.9% from 2016

Annual return

23.10%

+5.56 pp from 2016

Benchmarks

See 43 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants5,000-9,999

Cohort43 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$993.50M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

17,269

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

$86.24M

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

+15.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$67

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 5 by compensation

Provider	Service type	Compensation
STRATEGIC ADVISORS, INC.4 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$162,449
CAPFINANCIAL PARTNERS LLC1 year Filed as: CAPTRUST FINANCIAL ADVISORS Service code 16 4208 SIX FORKS RD · RALEIGH, NC 27609	Consulting	$64,154
CAPFINANCIAL PARTNERS LLC5+ years Filed as: CAPTRUST Service code 27 · EIN 26-0058143	Advisory (Plan)	$43,185
KPMG LLP5+ years Service code 16 · EIN 13-5565207	Consulting	$33,000
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Filed as: FIDELITY INVESTMENTS INST. OPER. CO Service code 37 · EIN 04-2647786	Loan Processing	-$17,411

Plan features & details

Pension benefit codes2E2G2J2K

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$285K

$41 / participant

Investment mgmt$162K56.9%
Other / not subdivided$123K43.1%

% of EOY assets

0.064%

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: KPMG LLP
Auditor EIN: 135565207
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$49,808

$83,826-40.6%

$125,195-60.2%

$82,204-39.4%

Participation rate

87.8%

83.1%+4.7pp

79.8%+8.0pp

73.4%+14.4pp

Annual return

23.10%

22.78%+0.3pp

43.79%-20.7pp

26.31%-3.2pp

Employer contribution / active EE

$1,974

$2,267-12.9%

$3,866-48.9%

$2,707-27.1%

Participant deferral / active EE

$3,485

$4,293-18.8%

$4,937-29.4%

$4,246-17.9%

Admin fee / account holder

$32

$74-57.0%

$9,704-99.7%

$76-57.7%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.4 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$162,449

CAPFINANCIAL PARTNERS LLC1 year

Filed as: CAPTRUST FINANCIAL ADVISORS

Service code 16

4208 SIX FORKS RD · RALEIGH, NC 27609

Consulting

$64,154

CAPFINANCIAL PARTNERS LLC5+ years

Filed as: CAPTRUST

Service code 27 · EIN 26-0058143

Advisory (Plan)

$43,185

KPMG LLP5+ years

Service code 16 · EIN 13-5565207

Consulting

$33,000

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Filed as: FIDELITY INVESTMENTS INST. OPER. CO

Service code 37 · EIN 04-2647786

Loan Processing

-$17,411

OWENS & MINOR 401(K) SAVINGS AND RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OWENS & MINOR 401(K) SAVINGS AND RETIREMENT PLAN

Top hat statement on fileNQDC

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