Retirement plan

PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY

Name: ITG BRANDS, LLC - PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY (2015) Form 5500
Creator: ITG BRANDS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY, ITG BRANDS, LLC

ITG BRANDS, LLCEIN 94-2994213Plan #003PY 2015

714 GREEN VALLEY ROAD - GREENSBORO, NC 27408336-335-7000itgbrands.comLinkedIn1001-5000 employeesconsumer goods

Other plans on this EIN

3 filings

#004Retirement-$524.3M assets #002Retirement-$261.3M assets #001Retirement-$12.5M assets

Prospect flagsLow returns

Top hat statement on fileNQDC

Filed June 27, 2017

Plan administrator

Plan administrator name— Sign in and upgrade to view

714 Green Valley Road

Greensboro State: NC Zip Code: 27408

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (1)

ITG Brands, LLC Severance Plan for Executive Management4 emp

Open the filing PDF

How to read this page

Total assets (EOY)

$190.5M

+7.1% from 2016

Total participants

1,119

-4.5% from 2016

Average account balance

$173,157

-15.5% from 2016

Annual return

-2.37%

-8.38 pp from 2016

Benchmarks

See 601 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort601 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$101.97M

Not enough data

1 years with asset history on file

Average account balance

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

$249K

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.

409

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.

92.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.19M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+18.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$367

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
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: GREAT WEST FINANCIAL, RPS, LLC Service code 15 · EIN 71-0930784	Recordkeeping	$181,233
CHARLES SCHWAB & CO., INC.1+ years Service code 71 · EIN 94-1737782	Brokerage Fees	$11,575
TMFS-GREENSBORO1+ years Service code 71 · EIN 20-5225118	Brokerage Fees	$3,725
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB & CO. , INC. Service code 59	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCWAB & CO., INC. Service code 59	Shareholder Servicing	$0
STATE STREET GLOBAL ADVISORS1+ years Service code 18	Custodial (securities); Custodial (ot...	$0

Plan features & details

Pension benefit codes2E2G2J2K2R2N

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2N
Code section 408 accounts and annuities
Pension plan utilizing Code section 408 individual retirement accounts or annuities as the funding vehicle for providing benefits.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$181K

$191 / participant

Investment mgmt$168K92.9%
Other / not subdivided$13K7.1%

% of EOY assets

0.095%

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: PRICE WATERHOUSE COOPERS
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$173,157

$48,277+258.7%

$63,244+173.8%

$55,191+213.7%

Participation rate

98.0%

69.4%+28.6pp

71.0%+27.0pp

69.2%+28.8pp

Annual return

-2.37%

2.37%-4.7pp

-70.31%+67.9pp

10.78%-13.2pp

Employer contribution / active EE

$9,463

$1,592+494.4%

$2,322+307.5%

$1,899+398.4%

Participant deferral / active EE

$1,163

$2,432-52.2%

$2,953-60.6%

$3,046-61.8%

Admin fee / account holder

$165

$86+91.6%

$5,893-97.2%

$91+81.5%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: GREAT WEST FINANCIAL, RPS, LLC

Service code 15 · EIN 71-0930784

Recordkeeping

$181,233

CHARLES SCHWAB & CO., INC.1+ years

Service code 71 · EIN 94-1737782

Brokerage Fees

$11,575

TMFS-GREENSBORO1+ years

Service code 71 · EIN 20-5225118

Brokerage Fees

$3,725

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB & CO. , INC.

Service code 59

Shareholder Servicing

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCWAB & CO., INC.

Service code 59

Shareholder Servicing

STATE STREET GLOBAL ADVISORS1+ years

Service code 18

Custodial (securities); Custodial (ot...

PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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