Retirement plan

VALLOUREC NORTH AMERICA RETIREMENT SAVINGS PLAN

Name: VALLOUREC HOLDINGS, INC. - VALLOUREC NORTH AMERICA RETIREMENT SAVINGS PLAN (2020) 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 2020

2107 CITYWEST BLVD, SUITE 1300 - HOUSTON, TX 77042713-479-3290LinkedIn1001-5000 employeesmining & metals

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$309.2M

+6.7% from 2016

Total participants

1,906

+1.9% from 2016

Average account balance

$167,704

+2.4% from 2016

Annual return

12.34%

-1.52 pp from 2016

Benchmarks

See 289 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort289 peers

Snapshot2020

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
T ROWE PRICE RPS INC6+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$196,562
MBG RETIREMENT5 years Service code 27 11700 KATY FREEWAY · HOUSTON, TX 77079	Advisory (Plan)	$80,000
THE LAMPO GROUP, INC.2 years Service code 50 1749 MALLORY LANE · BRENTWOOD, TN 37027	Direct Payment	$13,761
MELTON & MELTON LLP3 years Filed as: MELTON & MELTON Service code 10 6002 ROGERDALE · HOUSTON, TX 77072	Accounting	$12,554

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

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.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$305K

$224 / participant

Investment mgmt$80K26.2%
Other / not subdivided$225K73.8%

% of EOY assets

0.099%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$167,704

$82,783+102.6%

$133,982+25.2%

$90,274+85.8%

Participation rate

95.5%

81.3%+14.2pp

79.8%+15.6pp

73.4%+22.1pp

Annual return

12.34%

21.89%-9.6pp

45.10%-32.8pp

53.97%-41.6pp

Employer contribution / active EE

$4,076

$2,388+70.7%

$3,919+4.0%

$2,523+61.5%

Participant deferral / active EE

$8,268

$4,291+92.7%

$5,047+63.8%

$4,231+95.4%

Admin fee / account holder

$166

$93+78.3%

$8,930-98.1%

$114+45.1%

Provider

Service type

Compensation

T ROWE PRICE RPS INC6+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$196,562

MBG RETIREMENT5 years

Service code 27

11700 KATY FREEWAY · HOUSTON, TX 77079

Advisory (Plan)

$80,000

THE LAMPO GROUP, INC.2 years

Service code 50

1749 MALLORY LANE · BRENTWOOD, TN 37027

Direct Payment

$13,761

MELTON & MELTON LLP3 years

Filed as: MELTON & MELTON

Service code 10

6002 ROGERDALE · HOUSTON, TX 77072

Accounting

$12,554

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