Retirement plan

KARL STORZ IMAGING, INC. EMPLOYEES ' SAVINGS PLAN

Name: KARL STORZ IMAGING, INC. - KARL STORZ IMAGING, INC. EMPLOYEES ' SAVINGS PLAN (2017) Form 5500
Creator: KARL STORZ IMAGING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KARL STORZ IMAGING, INC. EMPLOYEES ' SAVINGS PLAN, KARL STORZ IMAGING, INC.

KARL STORZ IMAGING, INC.EIN 77-0018084Plan #001PY 2017

1 SOUTH LOS CARNEROS - GOLETA, CA 93117805-968-5563LinkedIn201-500 employeesmedical devices

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$72.2M

+19.7% from 2016

Total participants

481

+3.9% from 2016

Average account balance

$159,137

+13.9% from 2016

Annual return

15.97%

+7.80 pp from 2016

Benchmarks

See 2,359 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,359 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

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

Not enough data

0 years with headcount on file

Eligible Participants and Participation

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

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-99.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 4 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY3+ years Service code 26 · EIN 71-0294708	Advisory (Participants)	$42,550
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381	Advisory (Participants)	$18,663
MCGOWAN GUNTERMANN1 year Service code 10 · EIN 95-3680171	Accounting	$9,000
ALPHAPOINT, INC.1 year Service code 49 · EIN 14-1884337	Other Services	$7,500

Plan features & details

Pension benefit codes2E2F2G2J2K2R

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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$61K

$155 / participant

Other / not subdivided$61K100.0%

% of EOY assets

0.085%

all-in expense ratio

Categories reported

0 / 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: MCGOWAN GUNTERMANN
Auditor EIN: 953680171
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$159,137

$69,305+129.6%

$82,312+93.3%

$69,631+128.5%

Participation rate

93.1%

80.3%+12.9pp

76.9%+16.3pp

70.7%+22.5pp

Annual return

15.97%

21.47%-5.5pp

25.88%-9.9pp

27571.02%-27555.0pp

Employer contribution / active EE

$3,200

$1,887+69.6%

$2,428+31.8%

$2,032+57.5%

Participant deferral / active EE

$8,804

$3,568+146.7%

$3,706+137.5%

$3,224+173.1%

Admin fee / account holder

$135

$97+38.7%

$5,608-97.6%

$110+22.1%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY3+ years

Service code 26 · EIN 71-0294708

Advisory (Participants)

$42,550

MORNINGSTAR1 year

Filed as: MORNINGSTAR INVESTMENT MGMT LLC

Service code 26 · EIN 36-4317381

Advisory (Participants)

$18,663

MCGOWAN GUNTERMANN1 year

Service code 10 · EIN 95-3680171

Accounting

$9,000

ALPHAPOINT, INC.1 year

Service code 49 · EIN 14-1884337

Other Services

$7,500

KARL STORZ IMAGING, INC. EMPLOYEES ' SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KARL STORZ IMAGING, INC. EMPLOYEES ' 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