Retirement plan

FORGED PRODUCTS, INC. 401(K) SAVINGS AND INVESTMENT PLAN

Name: FORGED PRODUCTS, INC. - FORGED PRODUCTS, INC. 401(K) SAVINGS AND INVESTMENT PLAN (2015) Form 5500
Creator: FORGED PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FORGED PRODUCTS, INC. 401(K) SAVINGS AND INVESTMENT PLAN, FORGED PRODUCTS, INC.

FORGED PRODUCTS, INC.EIN 76-0088720Plan #001PY 2015

6505 N. HOUSTON-ROSSLYN ROAD - HOUSTON, TX 77091713-462-3416fpitx.comLinkedIn51-200 employeesoil & energy

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$6.7M

No prior year

Total participants

No prior year

Average account balance

$70,381

No prior year

Annual return

1.76%

No prior year

Benchmarks

See 13,685 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort13,685 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.12M

Not enough data

1 years with asset history on file

Average account balance

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

$81K

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.

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.

2550.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$175K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$87K

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

+8.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$37112

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 6 by compensation

Provider	Service type	Compensation
CAPFINANCIAL PARTNERS LLC1+ years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 27 4208 SIX FORKS RD, STE 1700 · RALEIGH, NC 27609	Advisory (Plan)	$9,325
CBIZ RETIREMENT PLAN SERVICES1+ years Service code 13 13680 CLEVELAND AVE NW · UNIONTOWN, OH 44685	Contract Administrator	$6,899
CAPFINANCIAL PARTNERS LLC1+ years Service code 27 4208 SIX FORKS RD STE 1700 · RALEIGH, NC 27609	Advisory (Plan)	$4,474
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: GREAT-WEST LIFE & ANNUITY INS Service code 64 8515 E ORCHARD RD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$3,213
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: ADVISED ASSET GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$120
CBIZ RETIREMENT PLAN SERVICES1+ years Filed as: CBIZ BENEFITS & INS SERVICES INC Service code 13 PO BOX 632886 · CINCINNATI, OH 45263	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$4K

$68 / participant

Contract admin$4K100.0%

% of EOY assets

0.056%

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: SIKICH LLP
Auditor EIN: 363168081
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$70,381

$56,197+25.2%

$67,652+4.0%

$59,633+18.0%

Participation rate

92.7%

71.5%+21.3pp

75.7%+17.1pp

68.7%+24.1pp

Annual return

1.76%

18508.10%-18506.3pp

6625.40%-6623.6pp

2041.45%-2039.7pp

Employer contribution / active EE

$2,049

$1,615+26.9%

$2,266-9.6%

$2,203-7.0%

Participant deferral / active EE

$5,714

$2,844+100.9%

$3,560+60.5%

$3,192+79.0%

Admin fee / account holder

$39

$3,958-99.0%

$4,821-99.2%

$4,297-99.1%

Provider

Service type

Compensation

CAPFINANCIAL PARTNERS LLC1+ years

Filed as: CAPFINANCIAL PARTNERS, LLC

Service code 27

4208 SIX FORKS RD, STE 1700 · RALEIGH, NC 27609

Advisory (Plan)

$9,325

CBIZ RETIREMENT PLAN SERVICES1+ years

Service code 13

13680 CLEVELAND AVE NW · UNIONTOWN, OH 44685

Contract Administrator

$6,899

CAPFINANCIAL PARTNERS LLC1+ years

Service code 27

4208 SIX FORKS RD STE 1700 · RALEIGH, NC 27609

Advisory (Plan)

$4,474

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: GREAT-WEST LIFE & ANNUITY INS

Service code 64

8515 E ORCHARD RD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$3,213

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: ADVISED ASSET GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$120

CBIZ RETIREMENT PLAN SERVICES1+ years

Filed as: CBIZ BENEFITS & INS SERVICES INC

Service code 13

PO BOX 632886 · CINCINNATI, OH 45263

Contract Administrator

FORGED PRODUCTS, INC. 401(K) SAVINGS AND INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FORGED PRODUCTS, INC. 401(K) SAVINGS AND 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