Retirement plan

CHALMERS & KUBECK, INC. 401(K) PLAN

Name: CHALMERS & KUBECK, INC. - CHALMERS & KUBECK, INC. 401(K) PLAN (2021) Form 5500
Creator: CHALMERS & KUBECK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHALMERS & KUBECK, INC. 401(K) PLAN, CHALMERS & KUBECK, INC.

CHALMERS & KUBECK, INC.EIN 23-1573156Plan #003PY 2021

150 COMMERCE DRIVE - ASTON, PA 19014610-494-4300candk.comLinkedIn201-500 employeesmechanical or industrial engineering

Other plans on this EIN

1 filing

#001Retirement-$14.5M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$27.5M

+9.5% from 2020

Total participants

237

+3.5% from 2020

Average account balance

$138,174

+9.0% from 2020

Annual return

13.44%

-7.67 pp from 2020

Benchmarks

See 4,054 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,054 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.40M

Not enough data

1 years with asset history on file

Average account balance

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

$149K

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.

198

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.

65.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.79M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$197

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.7+ years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009	Securities Custodian	$8,984
CHARLES SCHWAB & CO., INC.7+ years Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$1K

$7 / participant

Contract admin$1K100.0%

% of EOY assets

0.005%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WIPFLI, LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$138,174

$84,936+62.7%

$111,308+24.1%

$79,391+74.0%

Participation rate

78.3%

75.9%+2.4pp

77.3%+1.0pp

70.7%+7.6pp

Annual return

13.44%

17.45%-4.0pp

54.67%-41.2pp

116.88%-103.4pp

Employer contribution / active EE

$1,589

$1,979-19.7%

$2,732-41.8%

$2,428-34.6%

Participant deferral / active EE

$6,417

$3,888+65.0%

$4,487+43.0%

$4,046+58.6%

Admin fee / account holder

$537-98.8%

$7,965-99.9%

$627-99.0%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.7+ years

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

Securities Custodian

$8,984

CHARLES SCHWAB & CO., INC.7+ years

Service code 59

Shareholder Servicing

CHALMERS & KUBECK, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHALMERS & KUBECK, INC. 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