Retirement plan

EMPLOYEE BENEFIT PLAN OF SANDLE CUSTOM BEARING CORPORATION

Name: SANDLE CUSTOM BEARING CORPORATION - EMPLOYEE BENEFIT PLAN OF SANDLE CUSTOM BEARING CORPORATION (2020) Form 5500
Creator: SANDLE CUSTOM BEARING CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF SANDLE CUSTOM BEARING CORPORATION, SANDLE CUSTOM BEARING CORPORATION

SANDLE CUSTOM BEARING CORPORATIONEIN 16-1259709Plan #002PY 2020

1110 ROUTE 19 - WELLSVILLE, NY 148959120585-593-7000LinkedIn1-10 employeesoil & energy

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$441K

+35331.2% from 2019

Total participants

0.0% from 2019

Average account balance

$147,158

+35331.2% from 2019

Annual return

33565.01%

+33565.01 pp from 2019

Benchmarks

See 21,446 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,446 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$541K

Not enough data

1 years with asset history on file

Average account balance

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

$180K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$32K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+11.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10093

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 codes2F2G2T3D

Plan features

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).
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.
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.

Expense breakdown

Schedule H Part II

Admin total

$72

$14 / participant

Other / not subdivided$72100.0%

% of EOY assets

0.016%

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

$147,158

$112,131+31.2%

$95,964+53.3%

$158,982-7.4%

Participation rate

60.0%

79.0%-19.0pp

77.1%-17.1pp

82.0%-22.0pp

Annual return

33565.01%

171.19%+33393.8pp

91.64%+33473.4pp

302.99%+33262.0pp

Employer contribution / active EE

$3,199-100.0%

$2,541-100.0%

$4,763-100.0%

Participant deferral / active EE

$4,401

$4,784-8.0%

$4,167+5.6%

$5,983-26.4%

Admin fee / account holder

$24

$10,136-99.8%

$6,797-99.6%

$11,252-99.8%

EMPLOYEE BENEFIT PLAN OF SANDLE CUSTOM BEARING CORPORATION

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF SANDLE CUSTOM BEARING CORPORATION

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