Retirement plan

SUPERIOR TECHNICAL CERAMICS CORP. EMPLOYEES' SAVINGS PLAN

Name: SUPERIOR TECHNICAL CERAMICS CORPORATION - SUPERIOR TECHNICAL CERAMICS CORP. EMPLOYEES' SAVINGS PLAN (2020) 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 2020

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

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$19.9M

-0.1% from 2019

Total participants

188

+0.5% from 2019

Average account balance

$107,428

-0.6% from 2019

Annual return

14.58%

-5.09 pp from 2019

Benchmarks

See 1,894 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,894 peers

Snapshot2020

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).

Expense breakdown

Schedule H Part II

Admin total

$43K

$333 / participant

Investment mgmt$11K26.0%
Contract admin$32K73.3%
Other / not subdivided$3140.7%

% of EOY assets

0.218%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

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

$107,428

$70,917+51.5%

$98,920+8.6%

$73,497+46.2%

Participation rate

97.7%

73.8%+23.9pp

76.0%+21.7pp

70.7%+27.0pp

Annual return

14.58%

34.18%-19.6pp

196.47%-181.9pp

28.51%-13.9pp

Employer contribution / active EE

$2,037-100.0%

$2,689-100.0%

$2,270-100.0%

Participant deferral / active EE

$5,031

$3,501+43.7%

$4,245+18.5%

$3,740+34.5%

Admin fee / account holder

$234

$535-56.2%

$6,643-96.5%

$513-54.4%

SUPERIOR TECHNICAL CERAMICS CORP. EMPLOYEES' SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUPERIOR TECHNICAL CERAMICS CORP. EMPLOYEES' SAVINGS 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