Retirement plan

AGCO, INC. PROFIT SHARING PLAN

Name: AGCO, INC. - AGCO, INC. PROFIT SHARING PLAN (2016) Form 5500
Creator: AGCO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AGCO, INC. PROFIT SHARING PLAN, AGCO, INC.

AGCO, INC.EIN 58-1396787Plan #001PY 2016

2782 SIMPSON CIRCLE - NORCROSS, GA 30071770-447-6990agcocorp.comLinkedIn10001+ employeesmachinery

Prospect flagsHigh feesLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$6.4M

+12.6% from 2015

Total participants

115

-16.7% from 2015

Average account balance

$59,810

+15.8% from 2015

Annual return

12.61%

+16.15 pp from 2015

Benchmarks

See 6,045 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort6,045 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.77M

Not enough data

1 years with asset history on file

Average account balance

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

$69K

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.

109.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$68K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$896

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

+7.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4244

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

Top 2 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.2+ years Service code 51 · EIN 94-1737782 211 MAIN STREET · SAN FRANCISCO, CA 94105	Investment Mgmt Fees	$0
CORNERCAP INVESTMENT COUNSEL2+ years Filed as: CORNERCAP INVESTMENT COUNCIL Service code 28 · EIN 62-1417686 1355 PEACHTREE ST NE, STE 1700 · ATLANTA, GA 30309	Investment Management	$0

Plan features & details

Pension benefit codes2A2E3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$46K

$1537 / participant

Investment mgmt$46K100.0%

% of EOY assets

0.720%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORRESTALL CPAS, LLC
Auditor EIN: 582412540
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,810

$58,828+1.7%

$78,002-23.3%

$62,881-4.9%

Participation rate

73.3%

71.1%+2.3pp

75.5%-2.2pp

69.3%+4.0pp

Annual return

12.61%

17.16%-4.5pp

425.99%-413.4pp

20.14%-7.5pp

Employer contribution / active EE

$1,672-100.0%

$2,470-100.0%

$2,281-100.0%

Participant deferral / active EE

$2,686-100.0%

$3,497-100.0%

$3,203-100.0%

Admin fee / account holder

$431

$4,393-90.2%

$5,481-92.1%

$4,296-90.0%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.2+ years

Service code 51 · EIN 94-1737782

211 MAIN STREET · SAN FRANCISCO, CA 94105

Investment Mgmt Fees

CORNERCAP INVESTMENT COUNSEL2+ years

Filed as: CORNERCAP INVESTMENT COUNCIL

Service code 28 · EIN 62-1417686

1355 PEACHTREE ST NE, STE 1700 · ATLANTA, GA 30309

Investment Management

AGCO, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AGCO, INC. PROFIT SHARING 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