Retirement plan

BAUM'S CASTORINE CO., INC. 401(K) SALARY SAVINGS PLAN

Name: BAUM'S CASTORINE CO.,INC. - BAUM'S CASTORINE CO., INC. 401(K) SALARY SAVINGS PLAN (2016) Form 5500
Creator: BAUM'S CASTORINE CO.,INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BAUM'S CASTORINE CO., INC. 401(K) SALARY SAVINGS PLAN, BAUM'S CASTORINE CO.,INC.

BAUM'S CASTORINE CO.,INC.EIN 15-0240840Plan #001PY 2016

200 MATTHEW ST. - ROME, NY 13440315-336-8154baumscastorine.comLinkedIn11-50 employeeschemicals

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$1.4M

+10.1% from 2015

Total participants

+8.3% from 2015

Average account balance

$152,763

+10.1% from 2015

Annual return

5.18%

+5.69 pp from 2015

Benchmarks

See 8,145 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,145 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.17M

Not enough data

1 years with asset history on file

Average account balance

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

$271K

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.

66.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$100K

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

+8.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes3D2E2J2F2T

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).
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

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

$152,763

$99,079+54.2%

$78,002+95.8%

$273,972-44.2%

Participation rate

63.6%

78.6%-14.9pp

75.5%-11.9pp

83.0%-19.4pp

Annual return

5.18%

217.93%-212.7pp

425.99%-420.8pp

41.46%-36.3pp

Employer contribution / active EE

$382

$3,308-88.5%

$2,470-84.5%

$4,869-92.2%

Participant deferral / active EE

$5,150

$4,306+19.6%

$3,497+47.3%

$5,287-2.6%

Admin fee / account holder

$8,954-100.0%

$5,481-100.0%

$10,133-100.0%

BAUM'S CASTORINE CO., INC. 401(K) SALARY SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

BAUM'S CASTORINE CO., INC. 401(K) SALARY SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion