Retirement plan

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

Name: HOGAN MFG. INC. - HOGAN MFG, INC. 401(K) PROFIT SHARING PLAN (2016) 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 2016

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

Other plans on this EIN

1 filing

#001Retirement-$8.2M assets

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$2.4M

+26.0% from 2015

Total participants

113

-27.1% from 2015

Average account balance

$22,749

+37.8% from 2015

Annual return

17.03%

+20.82 pp from 2015

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

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 2 by compensation

Provider	Service type	Compensation
GOLDMAN SACHS1 year Filed as: UNITED CAPITAL Service code 26 · EIN 26-1224812	Advisory (Participants)	$6,180
FINANCIAL DECISIONS2+ years Service code 13	Contract Administrator	$4,448

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D

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

1 tripped

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

$100 / participant

Investment mgmt$6K58.1%
Contract admin$4K41.9%

% of EOY assets

0.437%

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

$22,749

$60,165-62.2%

$74,184-69.3%

$55,167-58.8%

Participation rate

94.3%

74.2%+20.2pp

76.6%+17.7pp

69.0%+25.3pp

Annual return

17.03%

10.00%+7.0pp

17.74%-0.7pp

169.23%-152.2pp

Employer contribution / active EE

$1,600-100.0%

$2,370-100.0%

$1,963-100.0%

Participant deferral / active EE

$3,032

$2,973+2.0%

$3,550-14.6%

$3,054-0.7%

Admin fee / account holder

$99

$419-76.3%

$5,586-98.2%

$504-80.3%

Provider

Service type

Compensation

GOLDMAN SACHS1 year

Filed as: UNITED CAPITAL

Service code 26 · EIN 26-1224812

Advisory (Participants)

$6,180

FINANCIAL DECISIONS2+ years

Service code 13

Contract Administrator

$4,448

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