Retirement plan

OHARA CORPORATION PROFIT SHARING PLAN

Name: OHARA CORPORATION - OHARA CORPORATION PROFIT SHARING PLAN (2021) Form 5500
Creator: OHARA CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OHARA CORPORATION PROFIT SHARING PLAN, OHARA CORPORATION

OHARA CORPORATIONEIN 22-2354859Plan #002PY 2021

50 COLUMBIA ROAD - SOMERVILLE, NJ 08876908-218-0100ohara-inc.co.jpLinkedIn1-10 employeesglass, ceramics & concrete

Other plans on this EIN

1 filing

#001Retirement-$13.8M assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$9.7M

+21.1% from 2020

Total participants

+9.1% from 2020

Average account balance

$807,678

+11.0% from 2020

Annual return

15.61%

+7.56 pp from 2020

Benchmarks

See 8,356 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,356 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.98M

Not enough data

1 years with asset history on file

Average account balance

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

$845K

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.

90.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$450K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$41K

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

+11.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1917

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 codes2E2J3D

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.
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

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$807,678

$127,790+532.0%

$106,555+658.0%

$167,536+382.1%

Participation rate

100.0%

78.3%+21.7pp

76.1%+23.9pp

82.1%+17.9pp

Annual return

15.61%

33.88%-18.3pp

26.80%-11.2pp

478.82%-463.2pp

Employer contribution / active EE

$36,818

$3,428+974.2%

$2,819+1205.9%

$4,839+660.8%

Participant deferral / active EE

$3,323

$5,088-34.7%

$4,399-24.5%

$6,342-47.6%

Admin fee / account holder

$11,229-100.0%

$7,408-100.0%

$12,315-100.0%

OHARA CORPORATION PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

OHARA CORPORATION PROFIT SHARING 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