Retirement plan

CV INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: CV INDUSTRIES, INC. - CV INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2017) Form 5500
Creator: CV INDUSTRIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CV INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN, CV INDUSTRIES, INC.

CV INDUSTRIES, INC.EIN 56-1043374Plan #001PY 2017

1000 PERKINS RD SE - VALDESE, NC 28690828-893-4312

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed September 12, 2017

Plan administrator

Plan administrator name— Sign in and upgrade to view

602 East Morehead Street

Charlotte State: NC Zip Code: 28202

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Plans declared (1)

Supplemental Retirement Plan Agreement1 emp

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Total assets (EOY)

$64M

+68.3% from 2016

Total participants

1,440

-3.9% from 2016

Average account balance

$44,595

+75.7% from 2016

Annual return

23.97%

+4.46 pp from 2016

Benchmarks

See 2,359 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,359 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$57.27M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

1,014

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.

99.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.37M

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

-6.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2P2I2K2Q

Plan features

2I
Stock bonus
Stock bonus plan.
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.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SMITH LEONARD PLLC
Auditor EIN: 205907591
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,595

$69,305-35.7%

$82,312-45.8%

$69,631-36.0%

Participation rate

99.2%

80.3%+18.9pp

76.9%+22.3pp

70.7%+28.5pp

Annual return

23.97%

21.47%+2.5pp

25.88%-1.9pp

27571.02%-27547.1pp

Employer contribution / active EE

$2,548

$1,887+35.1%

$2,428+4.9%

$2,032+25.4%

Participant deferral / active EE

$3,568-100.0%

$3,706-100.0%

$3,224-100.0%

Admin fee / account holder

$97-100.0%

$5,608-100.0%

$110-100.0%

CV INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

CV INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion