Retirement plan

FLEETWOOD ALUMINUM PRODUCTS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: FLEETWOOD ALUMINUM PRODUCTS, INC. - FLEETWOOD ALUMINUM PRODUCTS, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: FLEETWOOD ALUMINUM PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FLEETWOOD ALUMINUM PRODUCTS, INC. 401(K) PROFIT SHARING PLAN AND TRUST, FLEETWOOD ALUMINUM PRODUCTS, INC.

FLEETWOOD ALUMINUM PRODUCTS, INC.EIN 95-2157439Plan #001PY 2020

PO BOX 1086 - CORONA, CA 92878800-736-7363

Other plans on this EIN

2 filings

#003Retirement-$9.1M assets #002Retirement-$2.0M assets

Prospect flagsLow returnsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$11.9M

-13.1% from 2019

Total participants

464

+10.5% from 2019

Average account balance

$25,777

-20.9% from 2019

Annual return

0.56%

-16.36 pp from 2019

Benchmarks

See 2,346 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,346 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.92M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

450

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.

97.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.87M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

-13.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$188

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 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: ADVISED ASSETS GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$35,078
RESOURCES INVESTMENT ADVISORS LLC1 year Filed as: RESOURCES INVESTMENT ADVISORS DBA Service code 27 4860 COLLEGE BLVD STE · LEAWOOD KS, KS 66211	Advisory (Plan)	$25,000
CETERA ADVISOR NETWORKS LLC3 years Filed as: ASSOCIATES IN EXCELLENCE DBA CETERA Service code 13 2993 MOMENTUM PL · CHICAGO, IL 60689	Contract Administrator	$22,000
CBIZ RETIREMENT PLAN SERVICES1 year Filed as: CBIZ WEST INC DBA CBIZ MHM LLC Service code 99 PO BOX 740863 · LOS ANGELES, CA 90074	Other Fees	$18,900
GREAT-WEST LIFE & ANNUITY INSURANCE6+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$18,470

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

3 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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$107K

$297 / participant

Investment mgmt$107K100.0%

% of EOY assets

0.900%

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: ROORDA, PIQUET AND BESSEE, INC.
Auditor EIN: 330252865
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,777

$79,519-67.6%

$95,960-73.1%

$73,412-64.9%

Participation rate

99.2%

81.2%+18.0pp

77.1%+22.1pp

72.2%+27.0pp

Annual return

0.56%

19.20%-18.6pp

91.63%-91.1pp

59.30%-58.7pp

Employer contribution / active EE

$1,087

$2,048-46.9%

$2,541-57.2%

$2,234-51.3%

Participant deferral / active EE

$3,200

$4,138-22.7%

$4,167-23.2%

$3,806-15.9%

Admin fee / account holder

$232

$184+25.8%

$6,797-96.6%

$158+46.9%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: ADVISED ASSETS GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$35,078

RESOURCES INVESTMENT ADVISORS LLC1 year

Filed as: RESOURCES INVESTMENT ADVISORS DBA

Service code 27

4860 COLLEGE BLVD STE · LEAWOOD KS, KS 66211

Advisory (Plan)

$25,000

CETERA ADVISOR NETWORKS LLC3 years

Filed as: ASSOCIATES IN EXCELLENCE DBA CETERA

Service code 13

2993 MOMENTUM PL · CHICAGO, IL 60689

Contract Administrator

$22,000

CBIZ RETIREMENT PLAN SERVICES1 year

Filed as: CBIZ WEST INC DBA CBIZ MHM LLC

Service code 99

PO BOX 740863 · LOS ANGELES, CA 90074

Other Fees

$18,900

GREAT-WEST LIFE & ANNUITY INSURANCE6+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$18,470

FLEETWOOD ALUMINUM PRODUCTS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FLEETWOOD ALUMINUM PRODUCTS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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