Retirement plan

CONSTELLIUM ROLLED PRODUCTS RAVENWOOD, LLC PLAN FOR USW REPRESENTED EMPLOYEES

Name: CONSTELLIUM ROLLED PRODUCTS RAVENWOOD, LLC - CONSTELLIUM ROLLED PRODUCTS RAVENWOOD, LLC PLAN FOR USW REPRESENTED EMPLOYEES (2021) Form 5500
Creator: CONSTELLIUM ROLLED PRODUCTS RAVENWOOD, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONSTELLIUM ROLLED PRODUCTS RAVENWOOD, LLC PLAN FOR USW REPRESENTED EMPLOYEES, CONSTELLIUM ROLLED PRODUCTS RAVENWOOD, LLC

CONSTELLIUM ROLLED PRODUCTS RAVENWOOD, LLCEIN 20-0843018Plan #004PY 2021

859 CENTURY ROAD - RAVENWOOD, WV 26164304-273-7000

Other plans on this EIN

3 filings

#002Retirement-$198.2M assets #001Retirement-$83.2M assets #003Retirement-$82.9M assets

Prospect flagsLow returnsLow employer contribution

How to read this page

Total assets (EOY)

$33.5M

+10.5% from 2020

Total participants

585

+2.1% from 2020

Average account balance

$62,988

+10.1% from 2020

Annual return

11.05%

-8.02 pp from 2020

Benchmarks

See 2,347 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,347 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$33.51M

Not enough data

1 years with asset history on file

Average account balance

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

$63K

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.

532

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.

90.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.07M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$95

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.2 years Service code 15 · EIN 23-1945930	Recordkeeping	$52,396

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D3H

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).
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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$50K

$93 / participant

Other / not subdivided$50K100.0%

% of EOY assets

0.151%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,988

$185,342-66.0%

$111,306-43.4%

$86,821-27.5%

Participation rate

90.3%

81.0%+9.3pp

77.3%+12.9pp

72.3%+18.0pp

Annual return

11.05%

500.80%-489.7pp

54.67%-43.6pp

97.94%-86.9pp

Employer contribution / active EE

$570

$2,246-74.6%

$2,732-79.1%

$2,406-76.3%

Participant deferral / active EE

$3,241

$4,458-27.3%

$4,488-27.8%

$4,132-21.6%

Admin fee / account holder

$95

$255-62.9%

$7,966-98.8%

$170-44.1%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.2 years

Service code 15 · EIN 23-1945930

Recordkeeping

$52,396

CONSTELLIUM ROLLED PRODUCTS RAVENWOOD, LLC PLAN FOR USW REPRESENTED EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONSTELLIUM ROLLED PRODUCTS RAVENWOOD, LLC PLAN FOR USW REPRESENTED EMPLOYEES

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