Retirement plan

CENTRAL METALS/ROMA STEEL NON-UNION 401(K) PLAN

Name: CENTRAL METALS, INC. - CENTRAL METALS/ROMA STEEL NON-UNION 401(K) PLAN (2017) Form 5500
Creator: CENTRAL METALS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRAL METALS/ROMA STEEL NON-UNION 401(K) PLAN, CENTRAL METALS, INC.

CENTRAL METALS, INC.EIN 22-2384551Plan #002PY 2017

1054 S. 2ND STREET - CAMDEN, NJ 08103856-963-5844centralmetals.comLinkedIn51-200 employeesconstruction

Other plans on this EIN

2 filings

#003Retirement-$889K assets #004Retirement-$260K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.8M

+154.7% from 2016

Total participants

+3.3% from 2016

Average account balance

$215,540

+135.8% from 2016

Annual return

144.35%

+132.94 pp from 2016

Benchmarks

See 14,968 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,968 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.90M

Not enough data

1 years with asset history on file

Average account balance

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

$239K

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.

113.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$618K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+10.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$25509

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

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

$141K

$5423 / participant

Other / not subdivided$141K100.0%

% of EOY assets

2.423%

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

$215,540

$67,602+218.8%

$82,312+161.9%

$70,126+207.4%

Participation rate

84.6%

72.8%+11.8pp

76.9%+7.7pp

69.5%+15.1pp

Annual return

144.35%

21.57%+122.8pp

25.88%+118.5pp

73.15%+71.2pp

Employer contribution / active EE

$9,615

$1,755+447.9%

$2,428+296.0%

$2,343+310.5%

Participant deferral / active EE

$3,334

$2,987+11.6%

$3,706-10.1%

$3,332+0.1%

Admin fee / account holder

$5,222

$4,512+15.7%

$5,608-6.9%

$4,645+12.4%

CENTRAL METALS/ROMA STEEL NON-UNION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTRAL METALS/ROMA STEEL NON-UNION 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