Retirement plan

POLYGLASS USA, INC. 401K PLAN

Name: POLYGLASS USA, INC. - POLYGLASS USA, INC. 401K PLAN (2016) Form 5500
Creator: POLYGLASS USA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, POLYGLASS USA, INC. 401K PLAN, POLYGLASS USA, INC.

POLYGLASS USA, INC.EIN 88-0267816Plan #001PY 2016

1111 WEST NEWPORT CENTER DRIVE - DEERFIELD BEACH, FL 33442954-233-1233LinkedIn1-10 employeeschemicals

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$8.8M

+21.4% from 2015

Total participants

266

+12.7% from 2015

Average account balance

$41,777

+6.5% from 2015

Annual return

8.58%

+10.21 pp from 2015

Benchmarks

See 1,948 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,948 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$38.26M

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

476

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.

65.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.76M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+16.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$239

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 2 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS2+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$14,386
CETERA ADVISOR NETWORKS LLC2+ years Filed as: CETERA FINANCIAL GROUP Service code 22 · EIN 30-0588666	Insurance Broker	$2,380

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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.
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$14K

$65 / participant

Contract admin$14K100.0%

% of EOY assets

0.157%

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: DASZKAL BOLTON
Auditor EIN: 650406502
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,777

$56,640-26.2%

$78,002-46.4%

$55,167-24.3%

Participation rate

74.3%

73.3%+1.0pp

75.5%-1.2pp

69.0%+5.3pp

Annual return

8.58%

2868.48%-2859.9pp

425.99%-417.4pp

169.23%-160.6pp

Employer contribution / active EE

$3,213

$1,724+86.4%

$2,470+30.1%

$1,963+63.7%

Participant deferral / active EE

$4,555

$2,778+64.0%

$3,497+30.3%

$3,054+49.1%

Admin fee / account holder

$66

$467-85.9%

$5,481-98.8%

$504-87.0%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS2+ years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$14,386

CETERA ADVISOR NETWORKS LLC2+ years

Filed as: CETERA FINANCIAL GROUP

Service code 22 · EIN 30-0588666

Insurance Broker

$2,380

POLYGLASS USA, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

POLYGLASS USA, INC. 401K 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