Retirement plan

SUPERIOR TECHNICAL CERAMICS CORP. EMPLOYEES' SAVINGS PLAN

Name: SUPERIOR TECHNICAL CERAMICS CORPORATION - SUPERIOR TECHNICAL CERAMICS CORP. EMPLOYEES' SAVINGS PLAN (2018) Form 5500
Creator: SUPERIOR TECHNICAL CERAMICS CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUPERIOR TECHNICAL CERAMICS CORP. EMPLOYEES' SAVINGS PLAN, SUPERIOR TECHNICAL CERAMICS CORPORATION

SUPERIOR TECHNICAL CERAMICS CORPORATIONEIN 22-1543838Plan #002PY 2018

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

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$16.6M

-3.4% from 2017

Total participants

174

+3.6% from 2017

Average account balance

$97,921

-10.2% from 2017

Annual return

-5.45%

-20.60 pp from 2017

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2018

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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$97,921

$58,093+68.6%

$80,022+22.4%

$56,289+74.0%

Participation rate

97.2%

73.6%+23.6pp

75.8%+21.4pp

69.9%+27.4pp

Annual return

-5.45%

34.63%-40.1pp

11.22%-16.7pp

-9.96%+4.5pp

Employer contribution / active EE

$3,572

$1,933+84.8%

$2,468+44.7%

$2,111+69.2%

Participant deferral / active EE

$4,467

$3,136+42.4%

$3,686+21.2%

$3,350+33.3%

Admin fee / account holder

$623-100.0%

$6,521-100.0%

$521-100.0%

SUPERIOR TECHNICAL CERAMICS CORP. EMPLOYEES' SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SUPERIOR TECHNICAL CERAMICS CORP. EMPLOYEES' SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion