Retirement plan

PIEDMONT AUTOMATION, INC. / INDUSTRIAL CONTROL PANELS, INC. 401-K PLAN

Name: PIEDMONT AUTOMATION, INC. INDUSTRIAL CONTROL PANELS, INC. - PIEDMONT AUTOMATION, INC. / INDUSTRIAL CONTROL PANELS, INC. 401-K PLAN (2016) Form 5500
Creator: PIEDMONT AUTOMATION, INC. INDUSTRIAL CONTROL PANELS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PIEDMONT AUTOMATION, INC. / INDUSTRIAL CONTROL PANELS, INC. 401-K PLAN, PIEDMONT AUTOMATION, INC. INDUSTRIAL CONTROL PANELS, INC.

PIEDMONT AUTOMATION, INC. INDUSTRIAL CONTROL PANELS, INC.EIN 56-2128235Plan #001PY 2016

154 KAPP STREET - WINSTON SALEM, NC 27105336-776-1885teampiedmont.comLinkedIn11-50 employeesindustrial automation

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$375K

+41.0% from 2015

Total participants

-15.4% from 2015

Average account balance

$34,064

+66.7% from 2015

Annual return

11.49%

+18.02 pp from 2015

Benchmarks

See 113,086 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,086 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.21M

Not enough data

1 years with asset history on file

Average account balance

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

$123K

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.

86.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$284K

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

+40.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7478

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 codes2J3D

Plan features

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.
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

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

$34K

$3092 / participant

Other / not subdivided$34K100.0%

% of EOY assets

9.078%

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

$34,064

$135,956-74.9%

$123,894-72.5%

$273,972-87.6%

Participation rate

100.0%

84.1%+15.9pp

81.4%+18.6pp

83.0%+17.0pp

Annual return

11.49%

56.63%-45.1pp

47.52%-36.0pp

41.46%-30.0pp

Employer contribution / active EE

$3,516

$5,170-32.0%

$4,617-23.8%

$4,869-27.8%

Participant deferral / active EE

$6,700

$6,343+5.6%

$5,984+12.0%

$5,287+26.7%

Admin fee / account holder

$3,092

$9,817-68.5%

$8,357-63.0%

$10,133-69.5%

PIEDMONT AUTOMATION, INC. / INDUSTRIAL CONTROL PANELS, INC. 401-K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PIEDMONT AUTOMATION, INC. / INDUSTRIAL CONTROL PANELS, INC. 401-K 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