Igloo Products Corporation
Form 5500 DataOverview
Plan Description
Igloo Products Corp. Employees' 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 51. This plan is in the top 35% of plans for Total Plan Cost. Igloo Products Corp. Employees' 401k Plan currently has over 1,100 active participants and over $33.8M in plan assets.
Did you know?
For the average 401k participant, the 37 point difference between this plan's BrightScope Rating (51) and the top rated plan (88) could equate to:
19
Additional years of work
236,598
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?
Plan Details
Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 777 Igloo Rd
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 777 Igloo Rd
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LocationKaty , TX77494-2972
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IndustryManufacturing
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AdministratorRose Mckenrick
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Net Plan Assets$33,800,000
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Total Participants1,200
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Avg Account Balance$56,000
Plan Components
Component Ratings
Design
Total Plan Cost:
Low Fees
Company Generosity:
Below Avg.
Performance
Participation Rate:
Below Avg.
Salary Deferrals:
Average
Account Balance:
Average
Design
Total Plan Cost:
Low Fees
Company Generosity:
Poor
Performance
Participation Rate:
Poor
Salary Deferrals:
Average
Account Balance:
Average
Peer Group Plans
Company | Rating |
---|---|
Draper | 70.9 |
Allied Motion Technologies | 69.3 |
Hog Slat | 66.9 |
FGX International | 64.1 |
Creative Foam | 59.5 |
International Association of Machinists Local Lodge 698 | 44.9 |
Top Industry Articles
Compliance
Stimulus Bill Extends Some Provisions of the CARES Act
It also provides a way for retirement plan sponsors to avoid a partial plan termination.
December 28, 2020
Practice Management
Practice Management: Areas of Success
A look at what worked particularly well in 2020 and that could keep propelling growth in 2021.
December 28, 2020
Compliance
Missing Participant Guidance Released by DOL
The guidance includes best practices for locating missing participants in addition to best practices for documenting efforts to do so.
January 13, 2021
exclusives
Warn Your Clients: Don’t Abuse Coronavirus Hardship Withdrawals
Though retirement plans can allow individuals to self-certify that they qualify for a penalty-free coronavirus-related distribution, should the IRS discover otherwise during a future audit, a participant can be subject to substantial penalties.
June 11, 2020
Client Service
Common Mistakes Advisers Make That Should be Avoided
Experts outline several ways advisers can ensure they keep the loyalty of their clients.
January 13, 2021
Investments
Largest Funds in this Plan | Allocation of Assets | 1 YR Rank in Category |
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Wilmington Trust Corp. flexPATH Index + Aggressive | 53% |
N/A
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Principal Fixed Income Account | 8% |
N/A
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New York Life Anchor Account | 4% |
N/A
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100%
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100%
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100%
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100%
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View all funds in this plan
Providers
Articles and Questions

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