Retirement plan

SHARON MANUFACTURING CO., INC. 401 K PROFIT SHARING PLAN

Name: SHARON MANUFACTURING CO., INC. - SHARON MANUFACTURING CO., INC. 401 K PROFIT SHARING PLAN (2016) Form 5500
Creator: SHARON MANUFACTURING CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHARON MANUFACTURING CO., INC. 401 K PROFIT SHARING PLAN, SHARON MANUFACTURING CO., INC.

SHARON MANUFACTURING CO., INC.EIN 11-2740894Plan #004PY 2016

540 BROOK AVENUE - DEER PARK, NY 11729631-242-8870sharonmfg.comLinkedIn1-10 employees

Other plans on this EIN

2 filings

#002Retirement-$475K assets #003Retirement-$136K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$433K

+32.9% from 2015

Total participants

0.0% from 2015

Average account balance

$28,840

+32.9% from 2015

Annual return

5.18%

+8.39 pp from 2015

Benchmarks

See 21,241 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,241 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.24M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

105.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$102K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+8.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3013

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$3K

$161 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.632%

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

$28,840

$88,707-67.5%

$74,184-61.1%

$273,972-89.5%

Participation rate

70.6%

79.4%-8.9pp

76.6%-6.0pp

83.0%-12.4pp

Annual return

5.18%

11.94%-6.8pp

17.74%-12.6pp

41.46%-36.3pp

Employer contribution / active EE

$1,232

$3,159-61.0%

$2,370-48.0%

$4,869-74.7%

Participant deferral / active EE

$4,078

$4,212-3.2%

$3,550+14.9%

$5,287-22.9%

Admin fee / account holder

$182

$8,717-97.9%

$5,586-96.7%

$10,133-98.2%

SHARON MANUFACTURING CO., INC. 401 K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHARON MANUFACTURING CO., 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