Retirement plan

EMPLOYEE BENEFIT PLAN OF SANDLE CUSTOM BEARING CORPORATION

Name: SANDLE CUSTOM BEARING CORPORATION - EMPLOYEE BENEFIT PLAN OF SANDLE CUSTOM BEARING CORPORATION (2021) 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 2021

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

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$585K

+32.4% from 2020

Total participants

0.0% from 2020

Average account balance

$146,150

-0.7% from 2020

Annual return

27.39%

-33537.62 pp from 2020

Benchmarks

See 21,787 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,787 peers

Snapshot2021

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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$96

$19 / participant

Other / not subdivided$96100.0%

% 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

$146,150

$124,346+17.5%

$111,308+31.3%

$167,536-12.8%

Participation rate

80.0%

79.6%+0.4pp

77.3%+2.7pp

82.1%-2.1pp

Annual return

27.39%

37.45%-10.1pp

54.67%-27.3pp

478.82%-451.4pp

Employer contribution / active EE

$3,437-100.0%

$2,732-100.0%

$4,839-100.0%

Participant deferral / active EE

$4,445

$5,182-14.2%

$4,487-0.9%

$6,342-29.9%

Admin fee / account holder

$24

$10,621-99.8%

$7,965-99.7%

$12,315-99.8%

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