Retirement plan

HYDROFORM USA, INC. PROFIT SHARING PLAN AND TRUST

Name: HYDROFORM USA, INC. - HYDROFORM USA, INC. PROFIT SHARING PLAN AND TRUST (2017) Form 5500
Creator: HYDROFORM USA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HYDROFORM USA, INC. PROFIT SHARING PLAN AND TRUST, HYDROFORM USA, INC.

HYDROFORM USA, INC.EIN 95-3767134Plan #001PY 2017

2848 EAST 208TH STREET - CARSON, CA 90810310-632-6353

Prospect flagsLow returnsLow participationLow employer contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$3.9M

+18.1% from 2016

Total participants

161

+0.6% from 2016

Average account balance

$35,193

+18.1% from 2016

Annual return

12.53%

+8.85 pp from 2016

Benchmarks

See 4,147 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,147 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.99M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

116

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.

76.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$273K

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

+12.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$321

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
UNITED PLANNERS FINANCIAL SERVICES3+ years Service code 55 7333 E. DOUBLETREE RANCH ST., · SCOTTSDALE, AZ 85258	Other Commissions	$6,803
TRUOG-RYDING COMPANY, INC.2 years Filed as: THE TRUOG-RYDING COMPANY, INC Service code 13	Contract Administrator	$3,400
TRUOG-RYDING COMPANY, INC.3+ years Service code 13 2659 TOWNSGATE RD. #101 · WESTLAKE VILLAGE, CA 91361	Contract Administrator	$2,500
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Service code 64 8515 EAST ORCHARD RD. · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$1,991
PENSION ASSURANCE LLP2 years Service code 10 5530 CORBIN AVENUE, STE. 260 · TARZANA, CA 91356	Accounting	$1,461
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER RETIRERMENT ADVISORY SERV Service code 28 8515 EAST ORCHARD RD. · GREENWOOD VILLAGE, CO 80111	Investment Management	$98

Plan features & details

Pension benefit codes2F2G2J2K2S2T3D

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

4 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.
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).

Expense breakdown

Schedule H Part II

Admin total

$2K

$16 / participant

Contract admin$2K100.0%

% of EOY assets

0.059%

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: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,193

$64,909-45.8%

$82,312-57.2%

$62,293-43.5%

Participation rate

66.0%

74.9%-8.9pp

76.9%-10.9pp

69.5%-3.5pp

Annual return

12.53%

21.18%-8.7pp

25.88%-13.4pp

28.90%-16.4pp

Employer contribution / active EE

$395

$1,676-76.4%

$2,428-83.7%

$2,042-80.7%

Participant deferral / active EE

$1,601

$3,103-48.4%

$3,706-56.8%

$3,169-49.5%

Admin fee / account holder

$21

$440-95.3%

$5,608-99.6%

$479-95.7%

Provider

Service type

Compensation

UNITED PLANNERS FINANCIAL SERVICES3+ years

Service code 55

7333 E. DOUBLETREE RANCH ST., · SCOTTSDALE, AZ 85258

Other Commissions

$6,803

TRUOG-RYDING COMPANY, INC.2 years

Filed as: THE TRUOG-RYDING COMPANY, INC

Service code 13

Contract Administrator

$3,400

TRUOG-RYDING COMPANY, INC.3+ years

Service code 13

2659 TOWNSGATE RD. #101 · WESTLAKE VILLAGE, CA 91361

Contract Administrator

$2,500

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Service code 64

8515 EAST ORCHARD RD. · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$1,991

PENSION ASSURANCE LLP2 years

Service code 10

5530 CORBIN AVENUE, STE. 260 · TARZANA, CA 91356

Accounting

$1,461

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER RETIRERMENT ADVISORY SERV

Service code 28

8515 EAST ORCHARD RD. · GREENWOOD VILLAGE, CO 80111

Investment Management

$98

HYDROFORM USA, INC. PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HYDROFORM USA, INC. 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