Retirement plan

ROYAL MASTER GRINDERS, INC EMPLOYEES' PROFIT- SHARING AND SALARY INVESTMENT PLAN

Name: ROYAL MASTER GRINDERS, INC - ROYAL MASTER GRINDERS, INC EMPLOYEES' PROFIT- SHARING AND SALARY INVESTMENT PLAN (2016) Form 5500
Creator: ROYAL MASTER GRINDERS, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROYAL MASTER GRINDERS, INC EMPLOYEES' PROFIT- SHARING AND SALARY INVESTMENT PLAN, ROYAL MASTER GRINDERS, INC

ROYAL MASTER GRINDERS, INCEIN 22-1636411Plan #001PY 2016

143 BAUER DR - OAKLAND, NJ 07436201-337-8500royalmaster.comLinkedIn11-50 employeesmachinery

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.4M

+7.4% from 2015

Total participants

-5.8% from 2015

Average account balance

$150,179

+14.0% from 2015

Annual return

6.37%

+7.75 pp from 2015

Benchmarks

See 15,087 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort15,087 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.80M

Not enough data

1 years with asset history on file

Average account balance

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

$137K

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.

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.

116.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$644K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+10.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6622

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

0 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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$240K

$4908 / participant

Other / not subdivided$240K100.0%

% of EOY assets

3.268%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$150,179

$60,349+148.9%

$74,184+102.4%

$62,881+138.8%

Participation rate

100.0%

72.7%+27.3pp

76.6%+23.4pp

69.3%+30.7pp

Annual return

6.37%

21.38%-15.0pp

17.74%-11.4pp

20.14%-13.8pp

Employer contribution / active EE

$1,680-100.0%

$2,370-100.0%

$2,281-100.0%

Participant deferral / active EE

$5,475

$2,856+91.7%

$3,550+54.2%

$3,203+70.9%

Admin fee / account holder

$4,908

$4,261+15.2%

$5,586-12.1%

$4,296+14.3%

ROYAL MASTER GRINDERS, INC EMPLOYEES' PROFIT- SHARING AND SALARY INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROYAL MASTER GRINDERS, INC EMPLOYEES' PROFIT- SHARING AND SALARY INVESTMENT 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