Retirement plan

NEWPARK RESOURCES, INC. SAVINGS & INVESTMENT PLAN

Name: NEWPARK RESOURCES, INC. - NEWPARK RESOURCES, INC. SAVINGS & INVESTMENT PLAN (2016) Form 5500
Creator: NEWPARK RESOURCES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEWPARK RESOURCES, INC. SAVINGS & INVESTMENT PLAN, NEWPARK RESOURCES, INC.

NEWPARK RESOURCES, INC.EIN 72-1123385Plan #002PY 2016

9320 LAKESIDE BLVD - THE WOODLANDS, TX 77381281-362-6800

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$54.2M

-12.5% from 2015

Total participants

1,029

-16.5% from 2015

Average account balance

$53,308

+3.8% from 2015

Annual return

6.20%

+4.68 pp from 2015

Benchmarks

See 190 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants250-999

Cohort190 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$44.87M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

689

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.

65.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.83M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

-44.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$173

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 4 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS2+ years Service code 12 · EIN 13-3689044	Sales loads (front end and deferred);...	$68,723
CAPFINANCIAL PARTNERS LLC2+ years Filed as: CAPTRUST FINANCIAL ADVISORS Service code 16 · EIN 26-0058143	Consulting	$37,500
DESROCHES PARTNERS2+ years Service code 10 · EIN 45-5494185	Accounting	$8,500
NATIONAL FINANCIAL SERVICES2+ years Service code 33 · EIN 04-3523567	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2F2G2J2K2S2T3D3H

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

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

$115K

$198 / participant

Investment mgmt$38K32.7%
Other / not subdivided$77K67.3%

% of EOY assets

0.212%

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: DESROCHES PARTNERS, LLP
Auditor EIN: 455494185
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,308

$66,750-20.1%

$105,754-49.6%

$57,658-7.5%

Participation rate

97.9%

79.2%+18.8pp

78.9%+19.0pp

70.2%+27.7pp

Annual return

6.20%

10.99%-4.8pp

12.25%-6.1pp

5.13%+1.1pp

Employer contribution / active EE

$1,416

$3,766-62.4%

$4,079-65.3%

$1,974-28.3%

Participant deferral / active EE

$5,831

$4,933+18.2%

$5,326+9.5%

$3,061+90.5%

Admin fee / account holder

$113

$88+28.4%

$8,309-98.6%

$95+19.3%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS2+ years

Service code 12 · EIN 13-3689044

Sales loads (front end and deferred);...

$68,723

CAPFINANCIAL PARTNERS LLC2+ years

Filed as: CAPTRUST FINANCIAL ADVISORS

Service code 16 · EIN 26-0058143

Consulting

$37,500

DESROCHES PARTNERS2+ years

Service code 10 · EIN 45-5494185

Accounting

$8,500

NATIONAL FINANCIAL SERVICES2+ years

Service code 33 · EIN 04-3523567

Securities brokerage commissions and ...

NEWPARK RESOURCES, INC. SAVINGS & INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEWPARK RESOURCES, INC. SAVINGS & INVESTMENT 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