Retirement plan

KOMATSU AMERICA CORP. SAVINGS PLAN

Name: KOMATSU AMERICA CORP - KOMATSU AMERICA CORP. SAVINGS PLAN (2019) 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 CORPEIN 94-1715128Plan #002PY 2019

8770 W BRYN MAWR AVE., SUITE 100 - CHICAGO, IL 60631847-437-5800LinkedIn11-50 employees

Other plans on this EIN

2 filings

#006Retirement-$71.7M assets #003Retirement-$14.1M assets

Prospect flagsLow returnsHigh cashLow participation

How to read this page

Total assets (EOY)

$368.7M

-8.4% from 2016

Total participants

4,599

-3.5% from 2016

Average account balance

$107,593

-5.9% from 2016

Annual return

19.65%

-5.72 pp from 2016

Benchmarks

See 822 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort822 peers

Snapshot2019

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 1 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.5+ years Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 64 · EIN 94-1737782	Recordkeeping Fees	$82,014

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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$230K

$71 / participant

Investment mgmt$230K100.0%

% of EOY assets

0.062%

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 US, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$107,593

$105,173+2.3%

$87,102+23.5%

$77,775+38.3%

Participation rate

63.8%

85.8%-22.0pp

76.9%-13.0pp

73.2%-9.4pp

Annual return

19.65%

24.52%-4.9pp

28.19%-8.5pp

32.58%-12.9pp

Employer contribution / active EE

$3,879

$2,890+34.2%

$2,521+53.9%

$2,504+54.9%

Participant deferral / active EE

$5,781

$5,048+14.5%

$4,048+42.8%

$3,966+45.8%

Admin fee / account holder

$67

$105-35.9%

$7,493-99.1%

$100-33.0%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.5+ years

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

Service code 64 · EIN 94-1737782

Recordkeeping Fees

$82,014

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