Retirement plan

JELD-WEN 401(K) RETIREMENT SAVINGS PLAN

Name: JELD-WEN HOLDING, INC. - JELD-WEN 401(K) RETIREMENT SAVINGS PLAN (2015) Form 5500
Creator: JELD-WEN HOLDING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JELD-WEN 401(K) RETIREMENT SAVINGS PLAN, JELD-WEN HOLDING, INC.

JELD-WEN HOLDING, INC.EIN 93-1273278Plan #003PY 2015

440 S CHURCH STREET, SUITE 400 - CHARLOTTE, NC 28202704-378-5700

Other plans on this EIN

1 filing

#002Retirement-$156.9M assets

Prospect flagsLow assets / participantLow employer contributionLow participant contributionCorrective distributions

Top hat statement on fileNQDC

Filed April 5, 2022

Plan administrator

Plan administrator name— Sign in and upgrade to view

2645 Silver Crescent Dr.

Charlotte, NC 28273

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Plans declared (1)

The JELD-WEN Deferred Compensation Plan41 emp

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Total assets (EOY)

$184M

-12.3% from 2016

Total participants

11,881

+0.2% from 2016

Average account balance

$16,755

-10.2% from 2016

Annual return

0.34%

-8.71 pp from 2016

Benchmarks

See 104 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants5,000-9,999

Cohort104 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$517.56M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

13,106

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.

94.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$62.54M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$68

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 9 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.1+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833	Recordkeeping	$667,028
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO BANK Service code 28 · EIN 94-1347393	Investment Management	$52,500
JELD-WEN, INC.1+ years Filed as: JELD-WEN INC Service code 49 · EIN 93-0496342	Other Services	$51,629
GALLAGHER FIDUCIARY ADVISORS, LLC1+ years Filed as: GALLAGHER BENEFIT SERVICES INC Service code 28 · EIN 36-4291971	Investment Management	$35,551
GALLAGHER FIDUCIARY ADVISORS, LLC1+ years Filed as: GALLAGHER FIDUCIARY ADVISORS LLC Service code 28 · EIN 20-0516431	Investment Management	$17,500
JONES & ROTH, PC1+ years Filed as: JONES & ROTH PC Service code 10 · EIN 93-0819646	Accounting	$10,400
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009	Directed Trustee	$43
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB & CO INC AND AFFILIA Service code 59	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.1+ years Service code 59 · EIN 94-1737782	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2F2G2J2S2T2E2K3H

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.
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.
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

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$817K

$87 / participant

Investment mgmt$106K12.9%
Other / not subdivided$711K87.1%

% of EOY assets

0.444%

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: JONES & ROTH
Auditor EIN: 930819646
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,755

$82,422-79.7%

$67,652-75.2%

$67,505-75.2%

Participation rate

90.4%

84.2%+6.3pp

75.7%+14.8pp

71.2%+19.2pp

Annual return

0.34%

12.72%-12.4pp

6625.40%-6625.1pp

6.52%-6.2pp

Employer contribution / active EE

$993

$2,879-65.5%

$2,266-56.1%

$2,173-54.3%

Participant deferral / active EE

$1,880

$5,020-62.5%

$3,560-47.2%

$3,597-47.7%

Admin fee / account holder

$74

$53+39.8%

$4,821-98.5%

$56+32.5%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.1+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICES INC

Service code 15 · EIN 34-1479833

Recordkeeping

$667,028

WELLS FARGO BANK, N.A.1+ years

Filed as: WELLS FARGO BANK

Service code 28 · EIN 94-1347393

Investment Management

$52,500

JELD-WEN, INC.1+ years

Filed as: JELD-WEN INC

Service code 49 · EIN 93-0496342

Other Services

$51,629

GALLAGHER FIDUCIARY ADVISORS, LLC1+ years

Filed as: GALLAGHER BENEFIT SERVICES INC

Service code 28 · EIN 36-4291971

Investment Management

$35,551

GALLAGHER FIDUCIARY ADVISORS, LLC1+ years

Filed as: GALLAGHER FIDUCIARY ADVISORS LLC

Service code 28 · EIN 20-0516431

Investment Management

$17,500

JONES & ROTH, PC1+ years

Filed as: JONES & ROTH PC

Service code 10 · EIN 93-0819646

Accounting

$10,400

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB BANK

Service code 25 · EIN 42-1558009

Directed Trustee

$43

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB & CO INC AND AFFILIA

Service code 59

Shareholder Servicing

CHARLES SCHWAB & CO., INC.1+ years

Service code 59 · EIN 94-1737782

Shareholder Servicing

JELD-WEN 401(K) RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JELD-WEN 401(K) RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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