Retirement plan

SUPERIOR TECHNICAL CERAMICS CORPORATION 401(K) PLAN

Name: SUPERIOR TECHNICAL CERAMICS CORPORATION - SUPERIOR TECHNICAL CERAMICS CORPORATION 401(K) PLAN (2021) 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 2021

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

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$22.7M

+14.3% from 2020

Total participants

212

+12.8% from 2020

Average account balance

$107,706

+0.3% from 2020

Annual return

17.48%

+2.90 pp from 2020

Benchmarks

See 1,879 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,879 peers

Snapshot2021

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

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$51K

$384 / participant

Investment mgmt$14K26.7%
Contract admin$37K72.9%
Other / not subdivided$2250.4%

% of EOY assets

0.223%

all-in expense ratio

Categories reported

2 / 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

$107,706

$79,438+35.6%

$106,555+1.1%

$79,391+35.7%

Participation rate

99.2%

74.2%+25.1pp

76.1%+23.1pp

70.7%+28.5pp

Annual return

17.48%

18.27%-0.8pp

26.80%-9.3pp

116.88%-99.4pp

Employer contribution / active EE

$2,961

$2,235+32.5%

$2,819+5.0%

$2,428+22.0%

Participant deferral / active EE

$5,287

$3,824+38.3%

$4,399+20.2%

$4,046+30.7%

Admin fee / account holder

$240

$523-54.1%

$7,408-96.8%

$627-61.7%

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