Retirement plan

ROCKFORM CARBIDE MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN

Name: ROCKFORM CARBIDE MANUFACTURING, INC. - ROCKFORM CARBIDE MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: ROCKFORM CARBIDE MANUFACTURING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROCKFORM CARBIDE MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN, ROCKFORM CARBIDE MANUFACTURING, INC.

ROCKFORM CARBIDE MANUFACTURING, INC.EIN 04-3714458Plan #001PY 2022

PO BOX 4487 - CANTON, GA 30114815-398-7650

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.1M

-3.2% from 2021

Total participants

0.0% from 2021

Average account balance

$34,163

-0.1% from 2021

Annual return

-14.00%

-25.38 pp from 2021

Benchmarks

See 14,494 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,494 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.55M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

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.

96.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$182K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3361

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

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

$43K

$1446 / participant

Other / not subdivided$43K100.0%

% of EOY assets

4.097%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,163

$71,878-52.5%

$86,698-60.6%

$68,486-50.1%

Participation rate

93.3%

72.2%+21.1pp

76.6%+16.7pp

67.9%+25.4pp

Annual return

-14.00%

3.53%-17.5pp

35.95%-50.0pp

-7.85%-6.1pp

Employer contribution / active EE

$1,994

$2,173-8.2%

$2,837-29.7%

$2,597-23.2%

Participant deferral / active EE

$3,340

$3,779-11.6%

$4,656-28.3%

$4,028-17.1%

Admin fee / account holder

$1,400

$6,113-77.1%

$7,493-81.3%

$5,404-74.1%

ROCKFORM CARBIDE MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROCKFORM CARBIDE MANUFACTURING, INC. 401(K) PROFIT SHARING 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