Retirement plan

KOMATSU AMERICA CORP. SAVINGS PLAN

Name: KOMATSU AMERICA CORP. - KOMATSU AMERICA CORP. SAVINGS PLAN (2018) Form 5500
Creator: KOMATSU AMERICA CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KOMATSU AMERICA CORP. SAVINGS PLAN, KOMATSU AMERICA CORP.

KOMATSU AMERICA CORP.EIN 94-1715128Plan #002PY 2018

1701 WEST GOLF ROAD, ONE CONTINENTAL TOWERS - ROLLING MEADOWS, IL 60008847-437-5800LinkedIn11-50 employees

Other plans on this EIN

3 filings

#006Retirement-$62.1M assets #003Retirement-$13.5M assets #140Retirement--

Prospect flagsHigh cashFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$310M

-8.4% from 2016

Total participants

3,773

-3.5% from 2016

Average account balance

$95,242

-5.9% from 2016

Annual return

-1.98%

-5.72 pp from 2016

Benchmarks

See 831 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort831 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$509.51M

Not enough data

1 years with asset history on file

Average account balance

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

$129K

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.

3,963

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.

91.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$44.76M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+14.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$106

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 6 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.4+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833	Recordkeeping	$35,379
CLS INVESTMENTS3 years Filed as: CLS INVESTMENTS LLC Service code 26 · EIN 32-0070947	Advisory (Participants)	$7,901
SAVANT CAPITAL MANAGEMENT1 year Filed as: SAVANT CAPITAL LLC Service code 26 · EIN 36-3859937	Advisory (Participants)	$5,332
CHARLES SCHWAB & CO., INC.4+ years Service code 33 · EIN 94-1737782	Securities brokerage commissions and ...	$4,763
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009	Directed Trustee	$1
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2G2J2K3D3F3H

Plan features

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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
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

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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

$51K

$16 / participant

Investment mgmt$16K30.7%
Other / not subdivided$35K69.3%

% of EOY assets

0.016%

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: BAKER TILLY VIRCHOW KRAUSE, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$95,242

$78,852+20.8%

$76,768+24.1%

$75,289+26.5%

Participation rate

84.2%

85.0%-0.8pp

77.0%+7.2pp

72.4%+11.8pp

Annual return

-1.98%

-1.29%-0.7pp

2.43%-4.4pp

-0.04%-1.9pp

Employer contribution / active EE

$3,061

$2,794+9.5%

$2,485+23.2%

$2,405+27.3%

Participant deferral / active EE

$5,116

$4,800+6.6%

$3,852+32.8%

$3,739+36.8%

Admin fee / account holder

$16

$79-80.1%

$6,676-99.8%

$102-84.6%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.4+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICES INC

Service code 15 · EIN 34-1479833

Recordkeeping

$35,379

CLS INVESTMENTS3 years

Filed as: CLS INVESTMENTS LLC

Service code 26 · EIN 32-0070947

Advisory (Participants)

$7,901

SAVANT CAPITAL MANAGEMENT1 year

Filed as: SAVANT CAPITAL LLC

Service code 26 · EIN 36-3859937

Advisory (Participants)

$5,332

CHARLES SCHWAB & CO., INC.4+ years

Service code 33 · EIN 94-1737782

Securities brokerage commissions and ...

$4,763

CHARLES SCHWAB & CO., INC.4+ years

Filed as: CHARLES SCHWAB BANK

Service code 25 · EIN 42-1558009

Directed Trustee

CHARLES SCHWAB & CO., INC.4+ years

Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL

Service code 59

Shareholder Servicing

KOMATSU AMERICA CORP. SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KOMATSU AMERICA CORP. 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