Retirement plan

HI-TEMP INSULATION/INSULFAB, INC. SAVINGS & RETIREMENT PLAN

Name: HI-TEMP INSULATION/INSULFAB, INC. - HI-TEMP INSULATION/INSULFAB, INC. SAVINGS & RETIREMENT PLAN (2016) Form 5500
Creator: HI-TEMP INSULATION/INSULFAB, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HI-TEMP INSULATION/INSULFAB, INC. SAVINGS & RETIREMENT PLAN, HI-TEMP INSULATION/INSULFAB, INC.

HI-TEMP INSULATION/INSULFAB, INC.EIN 95-2894441Plan #001PY 2016

4700 CALLE ALTO - CAMARILLO, CA 93012805-484-2774

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$30M

+5.3% from 2015

Total participants

543

-0.9% from 2015

Average account balance

$55,195

+5.9% from 2015

Annual return

3.49%

+1.43 pp from 2015

Benchmarks

See 1,139 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,139 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$49.93M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

599

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.

94.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+10.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$173

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
LAWRENCE C. MUSGROVE ASSOCIATES1 year Filed as: LAWRENCE R. MITCHELL & COMPANY CPA' Service code 99	Other Fees	$8,825
VOYA RETIREMENT INSURANCE & ANNUITY2+ years Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708	Advisory (Participants)	$4,735
LAWRENCE R MITCHELL & CO CPAS1 year Filed as: LAWRENCE R. MITCHELL & COMPANY Service code 99 · EIN 20-0545687	Other Fees	$0

Plan features & details

Pension benefit codes2E2G2J2K

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.

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

$29K

$59 / participant

Contract admin$29K100.0%

% 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: LAWRENCE R. MITCHELL & COMPANY CPAS
Auditor EIN: 200545687
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,195

$74,024-25.4%

$78,002-29.2%

$57,658-4.3%

Participation rate

100.0%

79.7%+20.3pp

75.5%+24.5pp

70.2%+29.8pp

Annual return

3.49%

12.14%-8.7pp

425.99%-422.5pp

5.13%-1.6pp

Employer contribution / active EE

$2,697

$2,365+14.0%

$2,470+9.2%

$1,974+36.6%

Participant deferral / active EE

$2,674

$3,533-24.3%

$3,497-23.5%

$3,061-12.6%

Admin fee / account holder

$53

$93-43.6%

$5,481-99.0%

$95-44.4%

Provider

Service type

Compensation

LAWRENCE C. MUSGROVE ASSOCIATES1 year

Filed as: LAWRENCE R. MITCHELL & COMPANY CPA'

Service code 99

Other Fees

$8,825

VOYA RETIREMENT INSURANCE & ANNUITY2+ years

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 26 · EIN 71-0294708

Advisory (Participants)

$4,735

LAWRENCE R MITCHELL & CO CPAS1 year

Filed as: LAWRENCE R. MITCHELL & COMPANY

Service code 99 · EIN 20-0545687

Other Fees

HI-TEMP INSULATION/INSULFAB, INC. SAVINGS & RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HI-TEMP INSULATION/INSULFAB, INC. SAVINGS & RETIREMENT 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