Automation Industrial Group, LLC

51
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
51
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (29)
Average in Peer Group (72)
Highest in Peer Group (87)

Plan Description

Automation Ig, LLC 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 Account Balances and Salary Deferral. Automation Ig, LLC 401K Plan currently has over 100 active participants and over $5.5M in plan assets.

Did you know?

For the average 401k participant, the 36 point difference between this plan's BrightScope Rating (51) and the top rated plan (87) could equate to:
18
Additional years of work
164,510
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 12/31/2016
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 106 Spring Road
  • Location
    Chattanooga , TN
  • 37405
  • Industry
    Engineering Services
  • Net Plan Assets
    $5,510,000
  • Total Participants
    150
  • Avg Account Balance
    $63,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Poor

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Above Average
Account Balance:
Above Average

Design

Total Plan Cost:
High Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Above Average
Account Balance:
Great

Peer Group Plans

Company Rating
ASIC North 87.4
The Cameron Bell Corporation Dba 74.8
Mikel 73.6
Geocomp 72.9
Slater Hanifan Group 71.6
Nxl Construction Services 71.0
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

19

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Transamerica Stable Value Fund 25%
N/A
Vanguard LifeStrategy Growth 24%
N/A
Ivy Science & Technology 16%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Transamerica
Insurance Advisor/Broker
UBS Financial Services, Inc.
Recordkeeper
Transamerica
Recordkeeper
Erisa Services, Inc.
Auditor
Henderson Hutcherson & McCullough

Articles and Questions

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