Retirement plan

ERNIE BALL, INC. 401K PROFIT SHARING PLAN

Name: ERNIE BALL, INC. - ERNIE BALL, INC. 401K PROFIT SHARING PLAN (2018) Form 5500
Creator: ERNIE BALL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ERNIE BALL, INC. 401K PROFIT SHARING PLAN, ERNIE BALL, INC.

ERNIE BALL, INC.EIN 95-2378345Plan #001PY 2018

53-973 POLK ST. - COACHELLA, CA 922363816760-775-4222

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$7.2M

-0.6% from 2017

Total participants

681

+13.7% from 2017

Average account balance

$18,820

+25.2% from 2017

Annual return

-4.47%

-20.86 pp from 2017

Benchmarks

See 845 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort845 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.12M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

307

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.

43.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$892K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+12.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$384

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
CAPFINANCIAL PARTNERS LLC2 years Filed as: FORTEM FINANCIAL Service code 26 · EIN 81-3326710 44801 VILLAGE COURT · WESTLAKE VILLATE, CA 91361	Advisory (Participants)	$12,360
WILSHIRE ASSOCIATES INCORPORATED2 years Filed as: WILSHIRE ASSOCIATES Service code 26 · EIN 95-2755361 1299 OCEAN AVENUE · WESTLAKE VILLAGE, CA 91361	Advisory (Participants)	$3,521

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$79K

$144 / participant

Investment mgmt$9K11.6%
Contract admin$46K57.4%
Other / not subdivided$25K31.0%

% of EOY assets

1.107%

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: HSRDS, AN ACCOUNTANCY CORPORATION
Auditor EIN: 813709413
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,820

$43,999-57.2%

$79,466-76.3%

$55,725-66.2%

Participation rate

45.6%

66.9%-21.4pp

73.3%-27.8pp

70.9%-25.3pp

Annual return

-4.47%

1.81%-6.3pp

718.28%-722.7pp

244.93%-249.4pp

Employer contribution / active EE

$187

$1,830-89.8%

$2,800-93.3%

$2,078-91.0%

Participant deferral / active EE

$1,031

$2,538-59.4%

$3,704-72.2%

$3,356-69.3%

Admin fee / account holder

$208

$118+77.3%

$5,104-95.9%

$115+80.9%

Provider

Service type

Compensation

CAPFINANCIAL PARTNERS LLC2 years

Filed as: FORTEM FINANCIAL

Service code 26 · EIN 81-3326710

44801 VILLAGE COURT · WESTLAKE VILLATE, CA 91361

Advisory (Participants)

$12,360

WILSHIRE ASSOCIATES INCORPORATED2 years

Filed as: WILSHIRE ASSOCIATES

Service code 26 · EIN 95-2755361

1299 OCEAN AVENUE · WESTLAKE VILLAGE, CA 91361

Advisory (Participants)

$3,521

ERNIE BALL, INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ERNIE BALL, INC. 401K 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