Retirement plan

DUNLOP MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN

Name: DUNLOP MANUFACTURING, INC. - DUNLOP MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: DUNLOP MANUFACTURING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DUNLOP MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN, DUNLOP MANUFACTURING, INC.

DUNLOP MANUFACTURING, INC.EIN 94-2440675Plan #001PY 2016

170 INDUSTRIAL WAY - BENICIA, CA 94510707-745-2722

Prospect flagsLow returnsHigh feesLow participant contributionFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$15M

+9.3% from 2015

Total participants

261

+2.0% from 2015

Average account balance

$67,234

+16.6% from 2015

Annual return

4.32%

+4.04 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

$25.58M

Not enough data

1 years with asset history on file

Average account balance

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

$107K

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.

240

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.

84.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.89M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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)

$506

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
NEWPORT GROUP, INC.2+ years Service code 13 · EIN 27-2037969 35 IRON POINT CIRCLE, SUITE 100 · FOLSOM, CA 95630	Contract Administrator	$33,937
PATRICK & BUZARELLOS2+ years Filed as: PATRICK & BUZARELLOS LLP Service code 10 · EIN 68-0197298 1900 POINT WEST WAY #102 · SACRAMENTO, CA 95815	Accounting	$8,000
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSMUTUAL Service code 15 · EIN 04-1590850	Recordkeeping	$0

Plan features & details

Pension benefit codes2A2E2F2H2J2K2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

5 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$85K

$371 / participant

Investment mgmt$42K49.4%
Contract admin$35K41.1%
Other / not subdivided$8K9.4%

% of EOY assets

0.566%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PATRICK & BUZARELLOS LLP
Auditor EIN: 680197298
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$67,234

$60,165+11.7%

$74,184-9.4%

$55,167+21.9%

Participation rate

83.4%

74.2%+9.3pp

76.6%+6.8pp

69.0%+14.4pp

Annual return

4.32%

10.00%-5.7pp

17.74%-13.4pp

169.23%-164.9pp

Employer contribution / active EE

$5,240

$1,600+227.6%

$2,370+121.1%

$1,963+167.0%

Participant deferral / active EE

$503

$2,973-83.1%

$3,550-85.8%

$3,054-83.5%

Admin fee / account holder

$381

$419-9.2%

$5,586-93.2%

$504-24.5%

Provider

Service type

Compensation

NEWPORT GROUP, INC.2+ years

Service code 13 · EIN 27-2037969

35 IRON POINT CIRCLE, SUITE 100 · FOLSOM, CA 95630

Contract Administrator

$33,937

PATRICK & BUZARELLOS2+ years

Filed as: PATRICK & BUZARELLOS LLP

Service code 10 · EIN 68-0197298

1900 POINT WEST WAY #102 · SACRAMENTO, CA 95815

Accounting

$8,000

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSMUTUAL

Service code 15 · EIN 04-1590850

Recordkeeping

DUNLOP MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DUNLOP MANUFACTURING, 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