Retirement plan

KPM HERKULES GROUP 401(K) PLAN

Name: HERKULES USA CORPORATION, INC. - KPM HERKULES GROUP 401(K) PLAN (2021) Form 5500
Creator: HERKULES USA CORPORATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KPM HERKULES GROUP 401(K) PLAN, HERKULES USA CORPORATION, INC.

HERKULES USA CORPORATION, INC.EIN 64-0717023Plan #001PY 2021

101 RIVER STREET, P.O. BOX 367 - FORD CITY, PA 16226724-763-2066herkulesusa.comLinkedIn51-200 employeesmachinery

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$16.4M

+10.9% from 2020

Total participants

119

-17.9% from 2020

Average account balance

$145,541

+33.5% from 2020

Annual return

17.76%

+3.53 pp from 2020

Benchmarks

See 14,570 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,570 peers

Snapshot2021

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$15.15M

Not enough data

1 years with asset history on file

Average account balance

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

$118K

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.

128

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.

92.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$930K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$708

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
CAMBRIDGE INVESTMENT RESEARCH3 years Filed as: CAMBRIDGE INVESTMENT GROUP Service code 27 · EIN 42-1445429 1776 PLEASANT PLAIN ROAD · FAIRFIELD, IA 52556	Advisory (Plan)	$46,285
CAMBRIDGE INVESTMENT RESEARCH7+ years Filed as: CAMBRIDGE INVESTMENT RESEARCH, INC. Service code 27 · EIN 42-1445429 1776 PLEASANT PLAIN ROAD · FAIRFIELD, IA 52556	Advisory (Plan)	$46,285
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: GREAT-WEST LIFE & ANNUITY INS. Service code 15 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLIAGE, CO 80111	Recordkeeping	$21,497
GREAT-WEST LIFE & ANNUITY INSURANCE7+ years Service code 15 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping	$21,497
DUNCAN ACCOUNTING & TAX SERVICES2 years Filed as: DUNCAN FINACIAL GROUP LLC DBA DATS Service code 12 · EIN 61-1959547 311 MAIN STREET · IRWIN, PA 15642	Direct payment from the plan; Claims ...	$11,139
DUNCAN ACCOUNTING & TAX SERVICES2 years Filed as: DUNCAN FINANCIAL GROUP LLC Service code 12 · EIN 61-1959547 311 MAIN STREET · IRWIN, PA 15642	Contract Administrator; Account maint...	$11,139

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

Plan features

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.
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

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

$77K

$803 / participant

Contract admin$77K100.0%

% of EOY assets

0.469%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: MAHER DUESSEL CPAS
Auditor EIN: 251622758
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$145,541

$86,286+68.7%

$111,297+30.8%

$85,850+69.5%

Participation rate

93.8%

73.3%+20.4pp

77.3%+16.4pp

69.3%+24.4pp

Annual return

17.76%

19.99%-2.2pp

54.65%-36.9pp

318.53%-300.8pp

Employer contribution / active EE

$1,984

$2,043-2.9%

$2,731-27.4%

$2,565-22.7%

Participant deferral / active EE

$5,840

$3,641+60.4%

$4,487+30.1%

$3,952+47.8%

Admin fee / account holder

$682

$8,188-91.7%

$7,964-91.4%

$6,260-89.1%

Provider

Service type

Compensation

CAMBRIDGE INVESTMENT RESEARCH3 years

Filed as: CAMBRIDGE INVESTMENT GROUP

Service code 27 · EIN 42-1445429

1776 PLEASANT PLAIN ROAD · FAIRFIELD, IA 52556

Advisory (Plan)

$46,285

CAMBRIDGE INVESTMENT RESEARCH7+ years

Filed as: CAMBRIDGE INVESTMENT RESEARCH, INC.

Service code 27 · EIN 42-1445429

1776 PLEASANT PLAIN ROAD · FAIRFIELD, IA 52556

Advisory (Plan)

$46,285

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: GREAT-WEST LIFE & ANNUITY INS.

Service code 15 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLIAGE, CO 80111

Recordkeeping

$21,497

GREAT-WEST LIFE & ANNUITY INSURANCE7+ years

Service code 15 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping

$21,497

DUNCAN ACCOUNTING & TAX SERVICES2 years

Filed as: DUNCAN FINACIAL GROUP LLC DBA DATS

Service code 12 · EIN 61-1959547

311 MAIN STREET · IRWIN, PA 15642

Direct payment from the plan; Claims ...

$11,139

DUNCAN ACCOUNTING & TAX SERVICES2 years

Filed as: DUNCAN FINANCIAL GROUP LLC

Service code 12 · EIN 61-1959547

311 MAIN STREET · IRWIN, PA 15642

Contract Administrator; Account maint...

$11,139

KPM HERKULES GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KPM HERKULES GROUP 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