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 (2017) 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 2017

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$572K

+52.8% from 2016

Total participants

+9.1% from 2016

Average account balance

$40,886

+20.0% from 2016

Annual return

22.01%

+10.52 pp from 2016

Benchmarks

See 114,331 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,331 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.99M

Not enough data

1 years with asset history on file

Average account balance

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

$154K

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

$329K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+16.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3070

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

$8K

$681 / participant

Other / not subdivided$8K100.0%

% of EOY assets

1.427%

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

$40,886

$150,442-72.8%

$136,295-70.0%

$147,585-72.3%

Participation rate

100.0%

84.4%+15.6pp

81.9%+18.1pp

82.8%+17.2pp

Annual return

22.01%

1049.09%-1027.1pp

5155.97%-5134.0pp

578.56%-556.6pp

Employer contribution / active EE

$3,613

$5,256-31.3%

$4,695-23.1%

$4,876-25.9%

Participant deferral / active EE

$6,663

$6,630+0.5%

$6,247+6.7%

$5,439+22.5%

Admin fee / account holder

$584

$10,905-94.6%

$9,243-93.7%

$10,885-94.6%

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