Retirement plan

HARPER/LOVE ADHESIVES CORPORATION 401(K) PENSION PLAN

Name: HARPER/LOVE ADHESIVES CORP. - HARPER/LOVE ADHESIVES CORPORATION 401(K) PENSION PLAN (2015) Form 5500
Creator: HARPER/LOVE ADHESIVES CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HARPER/LOVE ADHESIVES CORPORATION 401(K) PENSION PLAN, HARPER/LOVE ADHESIVES CORP.

HARPER/LOVE ADHESIVES CORP.EIN 56-1220202Plan #001PY 2015

11101 WESTLAKE DRIVE - CHARLOTTE, NC 28273704-588-1350LinkedIn51-200 employeespackaging and containers

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.8M

No prior year

Total participants

No prior year

Average account balance

$89,267

No prior year

Annual return

-1.61%

No prior year

Benchmarks

See 5,562 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,562 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.15M

Not enough data

1 years with asset history on file

Average account balance

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

$124K

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.

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.

107.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$878K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+12.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$25480

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

0 years with F_SCH_H allocation on file

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

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 codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$1.6M

$25983 / participant

Other / not subdivided$2M100.0%

% of EOY assets

27.763%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$89,267

$54,380+64.2%

$68,509+30.3%

$59,633+49.7%

Participation rate

93.5%

70.2%+23.4pp

74.7%+18.8pp

68.7%+24.9pp

Annual return

-1.61%

2.83%-4.4pp

8.27%-9.9pp

2041.40%-2043.0pp

Employer contribution / active EE

$2,217

$1,539+44.1%

$2,278-2.7%

$2,203+0.7%

Participant deferral / active EE

$6,522

$2,643+146.8%

$3,382+92.8%

$3,192+104.4%

Admin fee / account holder

$24,784

$3,885+537.9%

$5,275+369.9%

$4,297+476.8%

HARPER/LOVE ADHESIVES CORPORATION 401(K) PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HARPER/LOVE ADHESIVES CORPORATION 401(K) PENSION 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