Retirement plan

GENMARK AUTOMATION 401(K) PLAN

Name: GENMARK AUTOMATION INC. - GENMARK AUTOMATION 401(K) PLAN (2016) Form 5500
Creator: GENMARK AUTOMATION INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GENMARK AUTOMATION 401(K) PLAN, GENMARK AUTOMATION INC.

GENMARK AUTOMATION INC.EIN 77-0158989Plan #001PY 2016

46723 LAKEVIEW BLVD - FREMONT, CA 945386528408-678-8500genmarkautomation.comLinkedIn51-200 employeessemiconductors

Prospect flagsHigh cash

How to read this page

Total assets (EOY)

$4.9M

+15.7% from 2015

Total participants

143

-21.4% from 2015

Average account balance

$39,268

+60.7% from 2015

Annual return

9.76%

+9.67 pp from 2015

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.37M

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

124

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.

73.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+13.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$231

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 1 by compensation

Provider	Service type	Compensation
NATIONWIDE2+ years Service code 15 · EIN 31-4156830	Recordkeeping	$18,921

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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.

Opportunity flags

1 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$5K

$42 / participant

Contract admin$5K100.0%

% of EOY assets

0.099%

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: DAVID J. CORMIA, CPA
Auditor EIN: 208298840
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,268

$60,165-34.7%

$74,184-47.1%

$55,167-28.8%

Participation rate

85.3%

74.2%+11.2pp

76.6%+8.7pp

69.0%+16.4pp

Annual return

9.76%

10.00%-0.2pp

17.74%-8.0pp

169.23%-159.5pp

Employer contribution / active EE

$657

$1,600-58.9%

$2,370-72.3%

$1,963-66.5%

Participant deferral / active EE

$3,971

$2,973+33.6%

$3,550+11.9%

$3,054+30.0%

Admin fee / account holder

$39

$419-90.8%

$5,586-99.3%

$504-92.3%

Provider

Service type

Compensation

NATIONWIDE2+ years

Service code 15 · EIN 31-4156830

Recordkeeping

$18,921

GENMARK AUTOMATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GENMARK AUTOMATION 401(K) 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