Retirement plan

HOGAN MFG, INC. 401(K) PROFIT SHARING PLAN

Name: HOGAN MFG. INC. - HOGAN MFG, INC. 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: HOGAN MFG. INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOGAN MFG, INC. 401(K) PROFIT SHARING PLAN, HOGAN MFG. INC.

HOGAN MFG. INC.EIN 94-2314454Plan #002PY 2015

1638 MAIN STREET - ESCALON, CA 95320209-838-7323hoganmfg.comLinkedIn51-200 employeesmachinery

Other plans on this EIN

1 filing

#001Retirement-$8.1M assets

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$1.9M

No prior year

Total participants

155

No prior year

Average account balance

$16,507

No prior year

Annual return

-3.80%

No prior year

Benchmarks

See 3,906 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort3,906 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.66M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

212

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.

87.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.38M

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

+9.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$515

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 3 by compensation

Provider	Service type	Compensation
VALLEY FORGE INVESTMENT CONSULTANTS1+ years Filed as: VALLEY WEALTH, INC. Service code 26 · EIN 26-1224812	Advisory (Participants)	$6,267
FINANCIAL DECISIONS1+ years Service code 13 · EIN 68-0236865	Contract Administrator	$3,923
CHARLES SCHWAB & CO., INC.1+ years Service code 33 · EIN 94-1737782	Shareholder servicing fees; Securitie...	$39

Plan features & details

Pension benefit codes2E2F2G2J2T3D2R

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.
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.
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

2 tripped

OpportunityLow returns
Annual investment return 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.

Expense breakdown

Schedule H Part II

Admin total

$11K

$76 / participant

Investment mgmt$7K63.5%
Contract admin$4K36.5%

% of EOY assets

0.556%

all-in expense ratio

Categories reported

2 / 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: BFBA, LLP
Auditor EIN: 680000424
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,507

$54,320-69.6%

$67,652-75.6%

$52,331-68.5%

Participation rate

73.0%

73.6%-0.5pp

75.7%-2.6pp

68.1%+4.9pp

Annual return

-3.80%

6.81%-10.6pp

6625.40%-6629.2pp

4.54%-8.3pp

Employer contribution / active EE

$1,544-100.0%

$2,266-100.0%

$1,882-100.0%

Participant deferral / active EE

$2,361

$2,950-20.0%

$3,560-33.7%

$3,022-21.9%

Admin fee / account holder

$92

$527-82.6%

$4,821-98.1%

$592-84.5%

Provider

Service type

Compensation

VALLEY FORGE INVESTMENT CONSULTANTS1+ years

Filed as: VALLEY WEALTH, INC.

Service code 26 · EIN 26-1224812

Advisory (Participants)

$6,267

FINANCIAL DECISIONS1+ years

Service code 13 · EIN 68-0236865

Contract Administrator

$3,923

CHARLES SCHWAB & CO., INC.1+ years

Service code 33 · EIN 94-1737782

Shareholder servicing fees; Securitie...

$39

HOGAN MFG, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOGAN MFG, INC. 401(K) PROFIT SHARING 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