Retirement plan

C & M DOOR CONTROLS, INC. PREVAILING WAGE PLAN

Name: C & M DOOR CONTROLS, INC. - C & M DOOR CONTROLS, INC. PREVAILING WAGE PLAN (2023) Form 5500
Creator: C & M DOOR CONTROLS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, C & M DOOR CONTROLS, INC. PREVAILING WAGE PLAN, C & M DOOR CONTROLS, INC.

C & M DOOR CONTROLS, INC.EIN 22-2035306Plan #001PY 2023

20 MARKLEY STREET - PORT READING, NJ 07064732-596-1900cmdoorcontrols.comLinkedIn11-50 employeesconstruction

Other plans on this EIN

1 filing

#003Retirement-$13.2M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+22.3% from 2022

Total participants

+9.1% from 2022

Average account balance

$80,243

+12.1% from 2022

Annual return

21.92%

+43.23 pp from 2022

Benchmarks

See 51,594 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,594 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.58M

Not enough data

1 years with asset history on file

Average account balance

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

$117K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$76K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+14.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$714

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 codes2E2F2G3D

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.
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.

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

$81K

$3689 / participant

Other / not subdivided$81K100.0%

% of EOY assets

4.214%

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

$80,243

$106,267-24.5%

$96,520-16.9%

$139,456-42.5%

Participation rate

100.0%

77.8%+22.2pp

74.3%+25.7pp

80.3%+19.7pp

Annual return

21.92%

38.45%-16.5pp

35.72%-13.8pp

373.45%-351.5pp

Employer contribution / active EE

$3,401

$4,105-17.1%

$3,739-9.0%

$4,753-28.4%

Participant deferral / active EE

$5,454-100.0%

$4,879-100.0%

$6,711-100.0%

Admin fee / account holder

$3,382

$7,882-57.1%

$6,733-49.8%

$11,407-70.4%

C & M DOOR CONTROLS, INC. PREVAILING WAGE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

C & M DOOR CONTROLS, INC. PREVAILING WAGE 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