Retirement plan

HOLLINGSWORTH & VOSE FIBER COMPANY GLASS FIBER PRODUCTION 401(K) PLAN

Name: HOLLINGSWORTH & VOSE COMPANY - HOLLINGSWORTH & VOSE FIBER COMPANY GLASS FIBER PRODUCTION 401(K) PLAN (2024) Form 5500
Creator: HOLLINGSWORTH & VOSE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOLLINGSWORTH & VOSE FIBER COMPANY GLASS FIBER PRODUCTION 401(K) PLAN, HOLLINGSWORTH & VOSE COMPANY

HOLLINGSWORTH & VOSE COMPANYEIN 59-2401723Plan #007PY 2024

1115 SE CRYSTAL LAKE DRIVE - CORVALLIS, OR 97333541-753-1211LinkedIn51-200 employeeschemicals

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$10.1M

+20.0% from 2023

Total participants

156

-3.1% from 2023

Average account balance

$66,226

+25.5% from 2023

Annual return

18.84%

-0.33 pp from 2023

Benchmarks

See 1,845 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,845 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.13M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

153

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.

97.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$870K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+18.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$176

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
FIDELITY INVESTMENTS INSTITUTIONAL8 years Service code 37 · EIN 04-2647786	Loan Processing	$25,179

Plan features & details

Pension benefit codes2G2J2T3H2F3D

Plan features

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$27K

$213 / participant

Recordkeeping$25K93.6%
Investment mgmt$2K6.4%

% of EOY assets

0.265%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: AAFCPAS, INC.
Auditor EIN: 042571780
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$66,226

$78,607-15.8%

$105,624-37.3%

$74,478-11.1%

Participation rate

97.6%

72.8%+24.8pp

75.3%+22.3pp

67.2%+30.4pp

Annual return

18.84%

15.96%+2.9pp

116.20%-97.4pp

1370.56%-1351.7pp

Employer contribution / active EE

$2,759

$2,523+9.4%

$3,168-12.9%

$2,626+5.1%

Participant deferral / active EE

$4,143

$4,325-4.2%

$5,013-17.3%

$4,350-4.8%

Admin fee / account holder

$176

$2,220-92.1%

$10,961-98.4%

$1,946-91.0%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL8 years

Service code 37 · EIN 04-2647786

Loan Processing

$25,179

HOLLINGSWORTH & VOSE FIBER COMPANY GLASS FIBER PRODUCTION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOLLINGSWORTH & VOSE FIBER COMPANY GLASS FIBER PRODUCTION 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