Retirement plan

CREATIVE DESIGN & MACHINE 401(K) PLAN

Name: CREATIVE DESIGN & MACHINE - CREATIVE DESIGN & MACHINE 401(K) PLAN (2020) Form 5500
Creator: CREATIVE DESIGN & MACHINE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CREATIVE DESIGN & MACHINE 401(K) PLAN, CREATIVE DESIGN & MACHINE

CREATIVE DESIGN & MACHINEEIN 22-2651381Plan #001PY 2020

197 STONE CASTLE RD - ROCK TAVERN, NY 12575845-778-9001LinkedIn11-50 employeeselectrical/electronic manufacturing

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$444K

+28.5% from 2019

Total participants

+6.7% from 2019

Average account balance

$16,448

-61.9% from 2019

Annual return

12.56%

-5.95 pp from 2019

Benchmarks

See 14,882 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,882 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.11M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

104.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$156K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1467

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 codes2E2F2G2J3D

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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$6K

$212 / participant

Other / not subdivided$6K100.0%

% of EOY assets

1.335%

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

$16,448

$78,425-79.0%

$95,956-82.9%

$79,858-79.4%

Participation rate

82.1%

73.5%+8.7pp

77.1%+5.1pp

69.6%+12.5pp

Annual return

12.56%

19.37%-6.8pp

91.63%-79.1pp

31.72%-19.2pp

Employer contribution / active EE

$1,524

$1,945-21.7%

$2,541-40.0%

$2,471-38.3%

Participant deferral / active EE

$468

$3,440-86.4%

$4,167-88.8%

$3,740-87.5%

Admin fee / account holder

$220

$5,622-96.1%

$6,797-96.8%

$5,306-95.9%

CREATIVE DESIGN & MACHINE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CREATIVE DESIGN & MACHINE 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