Retirement plan

NOURYON CHEMICALS RETIREMENT SAVINGS PLAN

Name: NOURYON CHEMICALS LLC - NOURYON CHEMICALS RETIREMENT SAVINGS PLAN (2023) Form 5500
Creator: NOURYON CHEMICALS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NOURYON CHEMICALS RETIREMENT SAVINGS PLAN, NOURYON CHEMICALS LLC

NOURYON CHEMICALS LLCEIN 83-1177040Plan #002PY 2023

131 S. DEARBORN STREET, 10TH FLOOR - CHICAGO, IL 60603312-544-7428LinkedIn11-50 employees

Other plans on this EIN

2 filings

#001Retirement-$81.2M assets #003Retirement-$53.6M assets

Prospect flagsFailed to transmit contributionsFailed to provide benefitCorrective distributions

How to read this page

Total assets (EOY)

$491.1M

-11.0% from 2019

Total participants

2,154

-0.5% from 2019

Average account balance

$234,059

-10.8% from 2019

Annual return

16.38%

-18.35 pp from 2019

Benchmarks

See 394 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort394 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$508.69M

Not enough data

1 years with asset history on file

Average account balance

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

$249K

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.

2,044

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.

97.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$31.56M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+13.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$193

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 4 by compensation

Provider	Service type	Compensation
FINANCIAL ENGINES6+ years Service code 27 · EIN 94-3250323	Advisory (Plan)	$200,395
FIDELITY INVESTMENTS INSTITUTIONAL6+ years Service code 37 · EIN 04-2647786	Loan Processing	$105,238
SAGEVIEW ADVISORY GROUP, LLC1 year Service code 16 · EIN 33-0818667	Consulting	$36,000
BAKER TILLY US, LLP3 years Filed as: BAKER TILLY Service code 10 · EIN 39-0859910	Accounting	$7,494

Plan features & details

Pension benefit codes2E2G2J2K2T3H2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$349K

$249 / participant

Recordkeeping$103K29.4%
Investment mgmt$200K57.4%
Contract admin$3K0.8%
Other / not subdivided$43K12.5%

% of EOY assets

0.071%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CBIZ CPAS P.C.
Auditor EIN: 431947695
Audit fees: $7,494
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$234,059

$104,631+123.7%

$98,462+137.7%

$80,187+191.9%

Participation rate

96.0%

87.5%+8.5pp

75.2%+20.8pp

72.9%+23.1pp

Annual return

16.38%

34.72%-18.3pp

21.20%-4.8pp

40.40%-24.0pp

Employer contribution / active EE

$11,813

$4,517+161.5%

$3,049+287.5%

$2,980+296.5%

Participant deferral / active EE

$11,730

$6,545+79.2%

$4,738+147.6%

$5,016+133.8%

Admin fee / account holder

$166

$105+58.7%

$8,875-98.1%

$145+14.8%

Provider

Service type

Compensation

FINANCIAL ENGINES6+ years

Service code 27 · EIN 94-3250323

Advisory (Plan)

$200,395

FIDELITY INVESTMENTS INSTITUTIONAL6+ years

Service code 37 · EIN 04-2647786

Loan Processing

$105,238

SAGEVIEW ADVISORY GROUP, LLC1 year

Service code 16 · EIN 33-0818667

Consulting

$36,000

BAKER TILLY US, LLP3 years

Filed as: BAKER TILLY

Service code 10 · EIN 39-0859910

Accounting

$7,494

NOURYON CHEMICALS RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NOURYON CHEMICALS RETIREMENT SAVINGS 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