Retirement plan

VALLOUREC NORTH AMERICA RETIREMENT SAVINGS PLAN

Name: VALLOUREC HOLDINGS, INC. - VALLOUREC NORTH AMERICA RETIREMENT SAVINGS PLAN (2015) Form 5500
Creator: VALLOUREC HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VALLOUREC NORTH AMERICA RETIREMENT SAVINGS PLAN, VALLOUREC HOLDINGS, INC.

VALLOUREC HOLDINGS, INC.EIN 76-0133933Plan #001PY 2015

4424 WEST SAM HOUSTON PARKWAY NORTH - HOUSTON, TX 77041713-479-3220LinkedIn1001-5000 employeesmining & metals

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$267.4M

+6.7% from 2016

Total participants

2,750

+1.9% from 2016

Average account balance

$99,198

+2.4% from 2016

Annual return

0.50%

-1.52 pp from 2016

Benchmarks

See 217 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort217 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$361.16M

Not enough data

1 years with asset history on file

Average account balance

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

$153K

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.

2,353

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.

95.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$27.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+12.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$169

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
MBG RETIREMENT1+ years Filed as: MBG RETIREMENT INC Service code 27 5151 SAN FELIPE · HOUSTON, TX 77056	Advisory (Plan)	$60,000
T ROWE PRICE RPS INC1+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$26,900
ABBOTT, STRINGHAM & LYNCH1+ years Filed as: ABBOTT LIVINGS SMITH AND HIGGINS PC Service code 27 2501 TWENTIETH PLACE SOUTH · BIRMINGHAM, AL 35223	Advisory (Plan)	$20,000
MELTON & MELTON LLP1+ years Filed as: MELTON AND MELTON LLP Service code 10 1100 SUPERIOR AVENUE · CLEVELAND, TX 77072	Accounting	$12,244

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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

$122K

$64 / participant

Investment mgmt$80K65.8%
Other / not subdivided$42K34.2%

% of EOY assets

0.045%

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: MELTON & MELTON, LLP
Auditor EIN: 741550819
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$99,198

$74,498+33.2%

$94,229+5.3%

$59,188+67.6%

Participation rate

97.2%

76.8%+20.4pp

78.8%+18.4pp

69.4%+27.7pp

Annual return

0.50%

2.76%-2.3pp

10.68%-10.2pp

5.51%-5.0pp

Employer contribution / active EE

$4,275

$2,077+105.8%

$3,587+19.2%

$2,098+103.7%

Participant deferral / active EE

$6,372

$3,433+85.6%

$4,320+47.5%

$3,265+95.2%

Admin fee / account holder

$45

$103-56.2%

$6,269-99.3%

$92-51.1%

Provider

Service type

Compensation

MBG RETIREMENT1+ years

Filed as: MBG RETIREMENT INC

Service code 27

5151 SAN FELIPE · HOUSTON, TX 77056

Advisory (Plan)

$60,000

T ROWE PRICE RPS INC1+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$26,900

ABBOTT, STRINGHAM & LYNCH1+ years

Filed as: ABBOTT LIVINGS SMITH AND HIGGINS PC

Service code 27

2501 TWENTIETH PLACE SOUTH · BIRMINGHAM, AL 35223

Advisory (Plan)

$20,000

MELTON & MELTON LLP1+ years

Filed as: MELTON AND MELTON LLP

Service code 10

1100 SUPERIOR AVENUE · CLEVELAND, TX 77072

Accounting

$12,244

VALLOUREC NORTH AMERICA RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VALLOUREC NORTH AMERICA RETIREMENT SAVINGS 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