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 (2020) 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 2020

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$2M

+15.2% from 2019

Total participants

+30.0% from 2019

Average account balance

$186,288

-5.7% from 2019

Annual return

11.26%

-3.51 pp from 2019

Benchmarks

See 8,252 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,252 peers

Snapshot2020

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

0 tripped

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

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

$186,288

$118,708+56.9%

$98,920+88.3%

$158,982+17.2%

Participation rate

83.3%

77.8%+5.5pp

76.0%+7.3pp

82.0%+1.4pp

Annual return

11.26%

372.49%-361.2pp

196.47%-185.2pp

302.99%-291.7pp

Employer contribution / active EE

$500

$3,334-85.0%

$2,689-81.4%

$4,763-89.5%

Participant deferral / active EE

$5,397

$5,089+6.0%

$4,245+27.1%

$5,983-9.8%

Admin fee / account holder

$10,134-100.0%

$6,643-100.0%

$11,252-100.0%

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