Retirement plan

SHIN-ETSU 401(K) RETIREMENT SAVINGS PLAN

Name: SHIN-ETSU SILICONES OF AMERICA, INC. - SHIN-ETSU 401(K) RETIREMENT SAVINGS PLAN (2018) 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 2018

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

Other plans on this EIN

1 filing

#001Retirement-$5.4M assets

Prospect flagsLow returnsRecently reached 100 employees

How to read this page

Total assets (EOY)

$19M

-7.2% from 2017

Total participants

221

+18.8% from 2017

Average account balance

$108,078

-96.8% from 2017

Annual return

-8.74%

-29.25 pp from 2017

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2018

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 4 by compensation

Provider	Service type	Compensation
LPL FINANCIAL1 year Filed as: LPL FINANCIAL - RP Service code 27 · EIN 04-3046611	Advisory (Plan)	$18,166
STRATOS WEALTH PARTNERS1 year Filed as: STRATOS WEALTH PARTNERS LLC Service code 27 · EIN 27-5273468	Advisory (Plan)	$18,166
CBIZ RETIREMENT PLAN SERVICES1 year Service code 13 · EIN 31-1582098	Contract Administrator	$7,000
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 49 · EIN 04-1590850	Other Services	$4,735

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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$41K

$211 / participant

Investment mgmt$36K88.5%
Contract admin$5K11.5%

% of EOY assets

0.216%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$108,078

$58,093+86.0%

$80,022+35.1%

$56,289+92.0%

Participation rate

76.9%

73.6%+3.3pp

75.8%+1.1pp

69.9%+7.1pp

Annual return

-8.74%

34.63%-43.4pp

11.22%-20.0pp

-9.96%+1.2pp

Employer contribution / active EE

$3,214

$1,933+66.3%

$2,468+30.2%

$2,111+52.2%

Participant deferral / active EE

$5,081

$3,136+62.0%

$3,686+37.9%

$3,350+51.7%

Admin fee / account holder

$233

$623-62.5%

$6,521-96.4%

$521-55.2%

Provider

Service type

Compensation

LPL FINANCIAL1 year

Filed as: LPL FINANCIAL - RP

Service code 27 · EIN 04-3046611

Advisory (Plan)

$18,166

STRATOS WEALTH PARTNERS1 year

Filed as: STRATOS WEALTH PARTNERS LLC

Service code 27 · EIN 27-5273468

Advisory (Plan)

$18,166

CBIZ RETIREMENT PLAN SERVICES1 year

Service code 13 · EIN 31-1582098

Contract Administrator

$7,000

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 49 · EIN 04-1590850

Other Services

$4,735

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