Retirement plan

SIEMENS WIND POWER, INC. SAVINGS PLAN FOR PUERTO RICO EMPLOYEES

Name: SIEMENS WIND POWER, INC. - SIEMENS WIND POWER, INC. SAVINGS PLAN FOR PUERTO RICO EMPLOYEES (2019) Form 5500
Creator: SIEMENS WIND POWER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIEMENS WIND POWER, INC. SAVINGS PLAN FOR PUERTO RICO EMPLOYEES, SIEMENS WIND POWER, INC.

SIEMENS WIND POWER, INC.EIN 81-3283763Plan #024PY 2019

3500 QUADRANGLE BOULEVARD - ORLANDO, FL 32826407-736-2000

Other plans on this EIN

1 filing

#001Retirement-$202.9M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$128K

-59.1% from 2018

Total participants

+25.0% from 2018

Average account balance

$25,506

-67.3% from 2018

Annual return

54.11%

-173.58 pp from 2018

Benchmarks

See 21,377 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,377 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$35K

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

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.

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

+8.78%

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2J

Plan features

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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$409

$102 / participant

Other / not subdivided$409100.0%

% of EOY assets

0.321%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,506

$103,394-75.3%

$87,102-70.7%

$152,914-83.3%

Participation rate

100.0%

79.4%+20.6pp

76.9%+23.1pp

82.5%+17.5pp

Annual return

54.11%

28.10%+26.0pp

28.19%+25.9pp

345.48%-291.4pp

Employer contribution / active EE

$2,298

$3,221-28.7%

$2,521-8.9%

$4,764-51.8%

Participant deferral / active EE

$6,223

$4,778+30.2%

$4,048+53.7%

$5,852+6.3%

Admin fee / account holder

$82

$12,198-99.3%

$7,493-98.9%

$11,601-99.3%

SIEMENS WIND POWER, INC. SAVINGS PLAN FOR PUERTO RICO EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SIEMENS WIND POWER, INC. SAVINGS PLAN FOR PUERTO RICO EMPLOYEES

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