Retirement plan

SUPERIOR TECHNICAL CERAMICS CORPORATION 401(K) PLAN

Name: SUPERIOR TECHNICAL CERAMICS CORPORATION - SUPERIOR TECHNICAL CERAMICS CORPORATION 401(K) PLAN (2024) Form 5500
Creator: SUPERIOR TECHNICAL CERAMICS CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUPERIOR TECHNICAL CERAMICS CORPORATION 401(K) PLAN, SUPERIOR TECHNICAL CERAMICS CORPORATION

SUPERIOR TECHNICAL CERAMICS CORPORATIONEIN 22-1543838Plan #002PY 2024

600 INDUSTRIAL PARK ROAD - ST. ALBANS, VT 05478802-527-7726

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$18.5M

-15.2% from 2023

Total participants

297

-3.9% from 2023

Average account balance

$62,329

-18.7% from 2023

Annual return

12.12%

-5.83 pp from 2023

Benchmarks

See 1,845 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,845 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.51M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

297

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

$1.63M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$172

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

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 codes2E2F2G2J3D3H

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$51K

$337 / participant

Recordkeeping$5001.0%
Investment mgmt$11K21.7%
Contract admin$40K77.3%

% of EOY assets

0.276%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KITTELL BRANAGAN & SARGENT
Auditor EIN: 030302296
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,329

$78,607-20.7%

$105,624-41.0%

$74,478-16.3%

Participation rate

100.0%

72.8%+27.2pp

75.3%+24.7pp

67.2%+32.8pp

Annual return

12.12%

15.96%-3.8pp

116.20%-104.1pp

1370.56%-1358.4pp

Employer contribution / active EE

$3,890

$2,523+54.2%

$3,168+22.8%

$2,626+48.1%

Participant deferral / active EE

$6,808

$4,325+57.4%

$5,013+35.8%

$4,350+56.5%

Admin fee / account holder

$172

$2,220-92.2%

$10,961-98.4%

$1,946-91.1%

SUPERIOR TECHNICAL CERAMICS CORPORATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUPERIOR TECHNICAL CERAMICS CORPORATION 401(K) 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