Retirement plan

THE LAITRAM EMPLOYEES' INCENTIVE SAVINGS PLAN

Name: LAITRAM L.L.C. - THE LAITRAM EMPLOYEES' INCENTIVE SAVINGS PLAN (2016) Form 5500
Creator: LAITRAM L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE LAITRAM EMPLOYEES' INCENTIVE SAVINGS PLAN, LAITRAM L.L.C.

LAITRAM L.L.C.EIN 76-0719479Plan #002PY 2016

PO BOX 50699 - NEW ORLEANS, LA 701500699504-733-6000laitram.comLinkedIn1001-5000 employeesmachinery

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$193.3M

-10.7% from 2016

Total participants

1,749

-9.7% from 2016

Average account balance

$115,655

+0.7% from 2016

Annual return

7.73%

-5.68 pp from 2016

Benchmarks

See 142 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants1,000-4,999

Cohort142 peers

Snapshot2016

Participant deferral / active EE

$4,772

median $3,698

Employer contribution / active EE

$4,932

median $2,019

Participation rate

94.8%

median 91.9%

Avg account balance

$115,655

median $64,308

Admin fee / account holder

-$2

median $55

Annual return

7.73%

median 8.54%

Overall peer rank

70of 100

70th percentileavg across 6 metrics

Analytics

2015 - 2024

Total assets (EOY)

Plan-year ending balance

$614.15M

Average account balance

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

$200K

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

3,074

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

82.1%

Contributions (total)

Employer and participant dollars contributed each year

$42.68M

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+19.26%

Admin fee / account holder

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

$20

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Mutual / pooled
Stocks
Bonds
Cash
Real estate
Loans

Service providers

Top 2 by compensation

Provider	Service type	Compensation
STRATEGIC ADVISORS, INC.2+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$18,747
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 37 · EIN 04-2647786	Loan Processing	$17,175

Plan features & details

Pension benefit codes2G2J3D3H2R

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

$-3 / participant

Investment mgmt$19K0.0%

% of EOY assets

-0.002%

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: WEGMANN DAZET & COMPANY
Auditor EIN: 720870824
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$115,655

$107,045+8.0%

$108,745+6.4%

$63,975+80.8%

Participation rate

94.8%

81.9%+12.8pp

77.7%+17.1pp

71.1%+23.6pp

Annual return

7.73%

18.14%-10.4pp

46.22%-38.5pp

48.65%-40.9pp

Employer contribution / active EE

$4,932

$2,651+86.1%

$3,323+48.4%

$2,182+126.1%

Participant deferral / active EE

$4,772

$4,292+11.2%

$5,121-6.8%

$3,356+42.2%

Admin fee / account holder

-$2

$67-103.6%

$6,144-100.0%

$70-103.4%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.2+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$18,747

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 37 · EIN 04-2647786

Loan Processing

$17,175

THE LAITRAM EMPLOYEES' INCENTIVE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE LAITRAM EMPLOYEES' INCENTIVE 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