Retirement plan

CAMERON MANUFACTURING & DESIGN, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: CAMERON MANUFACTURING & DESIGN - CAMERON MANUFACTURING & DESIGN, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: CAMERON MANUFACTURING & DESIGN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAMERON MANUFACTURING & DESIGN, INC. EMPLOYEE STOCK OWNERSHIP PLAN, CAMERON MANUFACTURING & DESIGN

CAMERON MANUFACTURING & DESIGNEIN 16-1206646Plan #003PY 2023

727 BLOSTEIN BLVD - HORSEHEADS, NY 148452739607-739-3606cameronmfg.comLinkedIn201-500 employeesmachinery

Other plans on this EIN

1 filing

#001Retirement-$9.5M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$56.7M

-5.1% from 2022

Total participants

344

+0.9% from 2022

Average account balance

$164,747

-6.0% from 2022

Annual return

-3.07%

+3.28 pp from 2022

Benchmarks

See 4,137 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,137 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$38.24M

Not enough data

1 years with asset history on file

Average account balance

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

$149K

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.

256

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.88M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

-15.79%

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY7 years Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553	Other Services	$41,040
PRINCIPAL LIFE INSURANCE COMPANY1 year Filed as: PRINCIPAL Service code 15 · EIN 42-0127290	Recordkeeping	$11,586
PRINCIPAL LIFE INSURANCE COMPANY2 years Service code 13 · EIN 42-0127290	Contract Administrator	$11,586

Plan features & details

Pension benefit codes2I2K2P2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$12K

$71 / participant

Contract admin$12K100.0%

% of EOY assets

0.020%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MENGEL METZGER BARR & CO LLP
Auditor EIN: 161092347
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$164,747

$76,112+116.5%

$96,544+70.6%

$71,529+130.3%

Participation rate

100.0%

74.4%+25.6pp

76.0%+24.0pp

67.9%+32.1pp

Annual return

-3.07%

22.80%-25.9pp

25.88%-28.9pp

28.97%-32.0pp

Employer contribution / active EE

$7,230

$2,248+221.6%

$2,966+143.7%

$2,590+179.2%

Participant deferral / active EE

$4,217-100.0%

$4,851-100.0%

$4,291-100.0%

Admin fee / account holder

$34

$2,708-98.8%

$8,254-99.6%

$1,588-97.9%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY7 years

Filed as: PRINCIPAL SECURITIES INC

Service code 49 · EIN 42-0941553

Other Services

$41,040

PRINCIPAL LIFE INSURANCE COMPANY1 year

Filed as: PRINCIPAL

Service code 15 · EIN 42-0127290

Recordkeeping

$11,586

PRINCIPAL LIFE INSURANCE COMPANY2 years

Service code 13 · EIN 42-0127290

Contract Administrator

$11,586

CAMERON MANUFACTURING & DESIGN, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAMERON MANUFACTURING & DESIGN, INC. EMPLOYEE STOCK OWNERSHIP 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