Retirement plan

SHIN-ETSU 401(K) RETIREMENT SAVINGS PLAN

Name: SHIN-ETSU SILICONES OF AMERICA, INC. - SHIN-ETSU 401(K) RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: SHIN-ETSU SILICONES OF AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHIN-ETSU 401(K) RETIREMENT SAVINGS PLAN, SHIN-ETSU SILICONES OF AMERICA, INC.

SHIN-ETSU SILICONES OF AMERICA, INC.EIN 95-4015700Plan #002PY 2016

1150 DAMAR DRIVE - AKRON, OH 44305330-630-9860shinetsusilicones.comLinkedIn51-200 employeeschemicals

Other plans on this EIN

1 filing

#001Retirement-$5.5M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$16.9M

+11.9% from 2015

Total participants

212

+5.5% from 2015

Average account balance

$96,401

+6.2% from 2015

Annual return

11.34%

+11.36 pp from 2015

Benchmarks

See 1,948 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,948 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.94M

Not enough data

1 years with asset history on file

Average account balance

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

$131K

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.

282

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.

71.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.29M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+13.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$368

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
LPL FINANCIAL2+ years Filed as: LPL RPCP Service code 27 · EIN 27-5273468	Advisory (Plan)	$28,981
ASCENSUS LLC2+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754	Recordkeeping	$17,964
STRATOS WEALTH PARTNERS2+ years Filed as: STRATOS WEALTH PTRS Service code 27 · EIN 04-3046611	Advisory (Plan)	$9,248

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$55K

$323 / participant

Contract admin$55K100.0%

% of EOY assets

0.327%

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: BOBER, MARKEY, FEDOROVICH & CO.
Auditor EIN: 341523030
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$96,401

$56,640+70.2%

$78,002+23.6%

$55,167+74.7%

Participation rate

78.4%

73.3%+5.0pp

75.5%+2.8pp

69.0%+9.4pp

Annual return

11.34%

2868.48%-2857.1pp

425.99%-414.6pp

169.23%-157.9pp

Employer contribution / active EE

$3,078

$1,724+78.6%

$2,470+24.6%

$1,963+56.8%

Participant deferral / active EE

$5,059

$2,778+82.1%

$3,497+44.7%

$3,054+65.6%

Admin fee / account holder

$316

$467-32.4%

$5,481-94.2%

$504-37.4%

Provider

Service type

Compensation

LPL FINANCIAL2+ years

Filed as: LPL RPCP

Service code 27 · EIN 27-5273468

Advisory (Plan)

$28,981

ASCENSUS LLC2+ years

Filed as: ASCENSUS

Service code 15 · EIN 11-3665754

Recordkeeping

$17,964

STRATOS WEALTH PARTNERS2+ years

Filed as: STRATOS WEALTH PTRS

Service code 27 · EIN 04-3046611

Advisory (Plan)

$9,248

SHIN-ETSU 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHIN-ETSU 401(K) RETIREMENT SAVINGS 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