Retirement plan

FORBO SIEGLING, LLC RETIREMENT PLAN AND TRUST

Name: FORBO SIEGLING, LLC - FORBO SIEGLING, LLC RETIREMENT PLAN AND TRUST (2019) Form 5500
Creator: FORBO SIEGLING, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FORBO SIEGLING, LLC RETIREMENT PLAN AND TRUST, FORBO SIEGLING, LLC

FORBO SIEGLING, LLCEIN 80-0005748Plan #004PY 2019

12201 VANSTORY DRIVE - HUNTERSVILLE, NC 280788395704-948-0800

Other plans on this EIN

1 filing

#003Retirement-$27.5M assets

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$13.6M

+13.2% from 2018

Total participants

429

+11.1% from 2018

Average account balance

$33,456

+2.3% from 2018

Annual return

20.61%

+26.18 pp from 2018

Benchmarks

See 1,163 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,163 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.84M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

338

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.

72.7%

Not enough data

1 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

+14.88%

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3 years Filed as: MASSACHUSETTS MUTUAL LIFE INS COMP Service code 55 PO BOX 771115 · CINCINNATI, OH 452771115	Other Commissions	$25,132
GREAT-WEST LIFE & ANNUITY INSURANCE5+ years Filed as: GREAT-WEST LIFE & ANNUITY INS CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$4,150
CREATIVE PLANNING LLC1 year Filed as: CREATIVE PLAN DESIGN, LTD Service code 13 90 MERRICK AVE · EAST MEADOW, NY 11554	Contract Administrator	$1,600

Plan features & details

Pension benefit codes2A2E2F2G2T3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$4K

$11 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.030%

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: STANCIL P.C.
Auditor EIN: 561131459
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,456

$74,347-55.0%

$93,621-64.3%

$67,579-50.5%

Participation rate

94.3%

80.6%+13.7pp

75.8%+18.4pp

71.3%+23.0pp

Annual return

20.61%

28.07%-7.5pp

32.76%-12.2pp

378.56%-358.0pp

Employer contribution / active EE

$2,577

$2,583-0.2%

$2,719-5.2%

$2,148+20.0%

Participant deferral / active EE

$4,060-100.0%

$4,070-100.0%

$3,539-100.0%

Admin fee / account holder

$10

$123-91.8%

$7,890-99.9%

$142-92.9%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3 years

Filed as: MASSACHUSETTS MUTUAL LIFE INS COMP

Service code 55

PO BOX 771115 · CINCINNATI, OH 452771115

Other Commissions

$25,132

GREAT-WEST LIFE & ANNUITY INSURANCE5+ years

Filed as: GREAT-WEST LIFE & ANNUITY INS CO

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$4,150

CREATIVE PLANNING LLC1 year

Filed as: CREATIVE PLAN DESIGN, LTD

Service code 13

90 MERRICK AVE · EAST MEADOW, NY 11554

Contract Administrator

$1,600

FORBO SIEGLING, LLC RETIREMENT PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FORBO SIEGLING, LLC RETIREMENT PLAN AND TRUST

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