Retirement plan

GERRESHEIMER PEACHTREE CITY, INC. 401(K) PLAN

Name: GERRESHEIMER PEACHTREE CITY, INC. - GERRESHEIMER PEACHTREE CITY, INC. 401(K) PLAN (2020) Form 5500
Creator: GERRESHEIMER PEACHTREE CITY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GERRESHEIMER PEACHTREE CITY, INC. 401(K) PLAN, GERRESHEIMER PEACHTREE CITY, INC.

GERRESHEIMER PEACHTREE CITY, INC.EIN 58-2034894Plan #001PY 2020

650 HIGHWAY 74 SOUTH - PEACHTREE CITY, GA 30269770-631-4939LinkedIn51-200 employeesmachinery

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$5.1M

+53.7% from 2019

Total participants

218

-0.9% from 2019

Average account balance

$26,675

+47.3% from 2019

Annual return

38.88%

+22.07 pp from 2019

Benchmarks

See 1,894 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,894 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.51M

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

393

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.

93.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.65M

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

+14.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$156

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE4 years Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$18,758
LPL FINANCIAL4 years Service code 27 PO BOX 502533 · SAN DIEGO, CA 921502533	Advisory (Plan)	$13,353
MY BENEFITS, LLC4 years Filed as: MY BENEFITS LLC Service code 13 5352 PEACHTREE ROAD · ATLANTA, GA 30341	Contract Administrator	$8,948

Plan features & details

Pension benefit codes2D2E2F2G2J2K

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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.
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.

Opportunity flags

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$34K

$197 / participant

Contract admin$34K100.0%

% of EOY assets

0.660%

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: HANCOCK ASKEW & CO., LLP
Auditor EIN: 580662558
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,675

$70,917-62.4%

$98,920-73.0%

$73,493-63.7%

Participation rate

85.5%

73.8%+11.7pp

76.0%+9.4pp

70.7%+14.8pp

Annual return

38.88%

34.18%+4.7pp

196.47%-157.6pp

28.51%+10.4pp

Employer contribution / active EE

$1,969

$2,037-3.3%

$2,689-26.8%

$2,270-13.3%

Participant deferral / active EE

$3,502

$3,5010%

$4,245-17.5%

$3,740-6.4%

Admin fee / account holder

$176

$535-67.1%

$6,643-97.4%

$513-65.7%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE4 years

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$18,758

LPL FINANCIAL4 years

Service code 27

PO BOX 502533 · SAN DIEGO, CA 921502533

Advisory (Plan)

$13,353

MY BENEFITS, LLC4 years

Filed as: MY BENEFITS LLC

Service code 13

5352 PEACHTREE ROAD · ATLANTA, GA 30341

Contract Administrator

$8,948

GERRESHEIMER PEACHTREE CITY, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GERRESHEIMER PEACHTREE CITY, 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