Retirement plan

TOWNLEY MANUFACTURING COMPANY, INC. 401K PLAN

Name: TOWNLEY MANUFACTURING COMPANY, INC. - TOWNLEY MANUFACTURING COMPANY, INC. 401K PLAN (2015) Form 5500
Creator: TOWNLEY MANUFACTURING COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOWNLEY MANUFACTURING COMPANY, INC. 401K PLAN, TOWNLEY MANUFACTURING COMPANY, INC.

TOWNLEY MANUFACTURING COMPANY, INC.EIN 59-1205861Plan #002PY 2015

10551 S.E. 110TH STREET ROAD - CANDLER, FL 321110221352-687-3001townley.netLinkedIn201-500 employeesmining & metals

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$6.8M

No prior year

Total participants

343

No prior year

Average account balance

$26,166

No prior year

Annual return

-2.69%

No prior year

Benchmarks

See 599 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort599 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.76M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

354

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.

76.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.52M

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

+9.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$119

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 1 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY1+ years Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 P. O. BOX 600 · BUFFALO, NY 14201	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2J2K3H3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$27K

$92 / participant

Contract admin$27K100.0%

% of EOY assets

0.401%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: DUGGAN, JOINER & CO., P.A.
Auditor EIN: 591349759
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,166

$39,458-33.7%

$60,547-56.8%

$55,191-52.6%

Participation rate

72.3%

59.6%+12.7pp

68.0%+4.3pp

69.2%+3.1pp

Annual return

-2.69%

3.35%-6.0pp

335.64%-338.3pp

10.78%-13.5pp

Employer contribution / active EE

$578

$1,210-52.3%

$2,419-76.1%

$1,899-69.6%

Participant deferral / active EE

$2,373

$2,140+10.9%

$3,328-28.7%

$3,046-22.1%

Admin fee / account holder

$105

$95+10.2%

$4,536-97.7%

$91+15.5%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY1+ years

Filed as: JOHN HANCOCK LIFE INSURANCE CO

Service code 15 · EIN 01-0233346

P. O. BOX 600 · BUFFALO, NY 14201

Recordkeeping

TOWNLEY MANUFACTURING COMPANY, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOWNLEY MANUFACTURING COMPANY, INC. 401K 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