Retirement plan

VOESTALPINE NORTRAK, INC. 401(K) RETIREMENT PLAN

Name: VOESTALPINE NORTRAK, INC. - VOESTALPINE NORTRAK, INC. 401(K) RETIREMENT PLAN (2018) Form 5500
Creator: VOESTALPINE NORTRAK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VOESTALPINE NORTRAK, INC. 401(K) RETIREMENT PLAN, VOESTALPINE NORTRAK, INC.

VOESTALPINE NORTRAK, INC.EIN 83-0317459Plan #001PY 2018

1740 PACIFIC AVE - CHEYENNE, WY 82007604-273-3030

Prospect flagsLow returnsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$31.6M

-4.0% from 2017

Total participants

1,028

+15.6% from 2017

Average account balance

$33,875

-24.4% from 2017

Annual return

-6.47%

-26.12 pp from 2017

Benchmarks

See 2,409 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,409 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$56.23M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

1,323

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.

91.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.10M

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

+12.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$168

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC2 years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$73,602
UBS FINANCIAL SERVICES INC2 years Filed as: UBS Service code 14 1000 HARBOR BLVD · WEHAWKEN, NJ 07086	Plan Administrator	$63,670

Plan features & details

Pension benefit codes2E2G2J2K2S3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$138K

$160 / participant

Investment mgmt$64K46.2%
Other / not subdivided$74K53.8%

% of EOY assets

0.435%

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: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,875

$65,118-48.0%

$76,768-55.9%

$55,725-39.2%

Participation rate

89.1%

79.6%+9.5pp

77.0%+12.1pp

70.9%+18.2pp

Annual return

-6.47%

-1.27%-5.2pp

2.43%-8.9pp

244.93%-251.4pp

Employer contribution / active EE

$1,050

$1,941-45.9%

$2,485-57.7%

$2,078-49.5%

Participant deferral / active EE

$2,837

$3,688-23.1%

$3,852-26.4%

$3,356-15.5%

Admin fee / account holder

$147

$116+27.2%

$6,675-97.8%

$115+28.0%

Provider

Service type

Compensation

T ROWE PRICE RPS INC2 years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$73,602

UBS FINANCIAL SERVICES INC2 years

Filed as: UBS

Service code 14

1000 HARBOR BLVD · WEHAWKEN, NJ 07086

Plan Administrator

$63,670

VOESTALPINE NORTRAK, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VOESTALPINE NORTRAK, INC. 401(K) RETIREMENT 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