Retirement plan

ABBOTT LABEL, INC. 401(K) PLAN

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

ABBOTT LABEL, INC.EIN 75-2909199Plan #001PY 2020

11440 HILLGUARD ROAD - DALLAS, TX 752435502469-330-0100abbottlabel.comLinkedIn201-500 employeesprinting

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$2.5M

+17.6% from 2019

Total participants

173

+6.8% from 2019

Average account balance

$18,860

+21.1% from 2019

Annual return

12.00%

-4.66 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

$5.61M

Not enough data

1 years with asset history on file

Average account balance

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

$15K

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.

379

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.

95.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$791K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$67

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 2 by compensation

Provider	Service type	Compensation
NATIONWIDE5 years Filed as: NATIONWIDE TRUST CO FSB A DIV OF NW Service code 53 · EIN 31-1592130 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Insurance Commissions	$10,499
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY SMITH BARNEY LL Service code 15 1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 10004	Recordkeeping	$0

Plan features & details

Pension benefit codes2G2J3D

Plan features

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.
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.

Opportunity flags

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$14K

$101 / participant

Other / not subdivided$14K100.0%

% of EOY assets

0.540%

all-in expense ratio

Categories reported

0 / 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: SALMON SIMS THOMAS & ASSOCIATES PLL
Auditor EIN: 050568611
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,860

$70,917-73.4%

$98,920-80.9%

$73,497-74.3%

Participation rate

71.1%

73.8%-2.7pp

76.0%-4.9pp

70.7%+0.4pp

Annual return

12.00%

34.18%-22.2pp

196.47%-184.5pp

28.51%-16.5pp

Employer contribution / active EE

$1,118

$2,037-45.1%

$2,689-58.4%

$2,270-50.7%

Participant deferral / active EE

$2,128

$3,501-39.2%

$4,245-49.9%

$3,740-43.1%

Admin fee / account holder

$102

$535-81.0%

$6,643-98.5%

$513-80.1%

Provider

Service type

Compensation

NATIONWIDE5 years

Filed as: NATIONWIDE TRUST CO FSB A DIV OF NW

Service code 53 · EIN 31-1592130

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Insurance Commissions

$10,499

MORGAN STANLEY SMITH BARNEY2 years

Filed as: MORGAN STANLEY SMITH BARNEY LL

Service code 15

1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 10004

Recordkeeping

ABBOTT LABEL, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ABBOTT LABEL, 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