Retirement plan

THE LAITRAM EMPLOYEES' INCENTIVE SAVINGS PLAN

Name: LAITRAM L.L.C. - THE LAITRAM EMPLOYEES' INCENTIVE SAVINGS PLAN (2017) 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 2017

PO BOX 50699 - NEW ORLEANS, LA 70150504-733-6000laitram.comLinkedIn1001-5000 employeesmachinery

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$244.1M

-10.7% from 2016

Total participants

2,002

-9.7% from 2016

Average account balance

$127,641

+0.7% from 2016

Annual return

21.52%

-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

Snapshot2017

Participant deferral / active EE

$4,789

median $3,986

Employer contribution / active EE

$4,821

median $2,120

Participation rate

94.7%

median 93.2%

Avg account balance

$127,641

median $74,894

Admin fee / account holder

$13

median $67

Annual return

21.52%

median 18.02%

Overall peer rank

73of 100

73rd 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.3+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$42,033
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 37 · EIN 04-2647786	Loan Processing	$21,388

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

$24K

$14 / participant

Investment mgmt$42K173.7%

% of EOY assets

0.010%

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

$127,641

$117,734+8.4%

$115,752+10.3%

$77,958+63.7%

Participation rate

94.7%

82.0%+12.7pp

77.8%+16.9pp

71.6%+23.0pp

Annual return

21.52%

17.65%+3.9pp

19.41%+2.1pp

20.87%+0.6pp

Employer contribution / active EE

$4,821

$2,736+76.2%

$3,492+38.1%

$2,310+108.7%

Participant deferral / active EE

$4,789

$4,435+8.0%

$5,204-8.0%

$3,537+35.4%

Admin fee / account holder

$13

$75-83.1%

$6,278-99.8%

$97-87.0%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.3+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$42,033

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 37 · EIN 04-2647786

Loan Processing

$21,388

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