Retirement plan

NORTHWEST PIPE FITTINGS, INC 401(K) PROFIT SHARING PLAN

Name: NORTHWEST PIPE FITTINGS, INC. - NORTHWEST PIPE FITTINGS, INC 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: NORTHWEST PIPE FITTINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHWEST PIPE FITTINGS, INC 401(K) PROFIT SHARING PLAN, NORTHWEST PIPE FITTINGS, INC.

NORTHWEST PIPE FITTINGS, INC.EIN 81-0262699Plan #001PY 2017

33 SOUTH 8TH STREET WEST - BILLINGS, MT 59102406-252-0142northwestpipe.comLinkedIn51-200 employeeswholesale

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$7.2M

+23.1% from 2016

Total participants

137

+3.0% from 2016

Average account balance

$68,271

+23.1% from 2016

Annual return

16.01%

+8.94 pp from 2016

Benchmarks

See 2,371 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,371 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.24M

Not enough data

1 years with asset history on file

Average account balance

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

$104K

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.

137

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.

67.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$979K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+17.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$617

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
TRANSAMERICA RETIREMENT SOLUTIONS2 years Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399	Recordkeeping	$10,031
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH Service code 22 · EIN 13-2808480	Insurance Broker	$2,714
WIPFLI LLP2 years Service code 15 · EIN 39-0758449	Recordkeeping	$375

Plan features & details

Pension benefit codes2E2F2G2K3D

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.
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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$10K

$85 / participant

Contract admin$10K100.0%

% of EOY assets

0.144%

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: ANDERSON ZURMUEHLEN AND CO.
Auditor EIN: 810385940
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,271

$71,192-4.1%

$117,861-42.1%

$62,293+9.6%

Participation rate

74.6%

74.2%+0.4pp

79.7%-5.1pp

69.5%+5.1pp

Annual return

16.01%

18.66%-2.6pp

335.11%-319.1pp

28.90%-12.9pp

Employer contribution / active EE

$1,091

$1,934-43.6%

$3,786-71.2%

$2,042-46.6%

Participant deferral / active EE

$2,954

$3,189-7.3%

$4,482-34.1%

$3,169-6.8%

Admin fee / account holder

$98

$587-83.3%

$8,021-98.8%

$479-79.5%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS2 years

Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN

Service code 15 · EIN 36-6071399

Recordkeeping

$10,031

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH

Service code 22 · EIN 13-2808480

Insurance Broker

$2,714

WIPFLI LLP2 years

Service code 15 · EIN 39-0758449

Recordkeeping

$375

NORTHWEST PIPE FITTINGS, INC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTHWEST PIPE FITTINGS, INC 401(K) PROFIT SHARING 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