Retirement plan

CEMLINE CORPORATION SALARIED EMPLOYEES 401(K)/PROFIT SHARING PLAN

Name: CEMLINE CORPORATION - CEMLINE CORPORATION SALARIED EMPLOYEES 401(K)/PROFIT SHARING PLAN (2024) Form 5500
Creator: CEMLINE CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CEMLINE CORPORATION SALARIED EMPLOYEES 401(K)/PROFIT SHARING PLAN, CEMLINE CORPORATION

CEMLINE CORPORATIONEIN 25-0396970Plan #002PY 2024

P.O. BOX 55 - CHESWICK, PA 15024724-274-5430cemline.comLinkedIn51-200 employeesmachinery

Other plans on this EIN

1 filing

#001Retirement-$4.1M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$8.8M

+14.5% from 2023

Total participants

-4.5% from 2023

Average account balance

$463,209

+26.5% from 2023

Annual return

12.29%

-8.75 pp from 2023

Benchmarks

See 23,012 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort23,012 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.80M

Not enough data

1 years with asset history on file

Average account balance

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

$463K

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.

89.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$397K

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

+12.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11674

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 codes2E2F2G2J2T3D

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$222K

$11674 / participant

Other / not subdivided$222K100.0%

% of EOY assets

2.520%

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

$463,209

$117,829+293.1%

$102,423+352.2%

$145,877+217.5%

Participation rate

89.5%

78.6%+10.9pp

76.5%+13.0pp

80.3%+9.2pp

Annual return

12.29%

31.83%-19.5pp

29.42%-17.1pp

551.28%-539.0pp

Employer contribution / active EE

$13,239

$3,615+266.3%

$3,023+337.9%

$4,663+183.9%

Participant deferral / active EE

$7,670

$5,732+33.8%

$5,054+51.7%

$6,691+14.6%

Admin fee / account holder

$11,674

$13,335-12.5%

$9,455+23.5%

$13,402-12.9%

CEMLINE CORPORATION SALARIED EMPLOYEES 401(K)/PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CEMLINE CORPORATION SALARIED EMPLOYEES 401(K)/PROFIT SHARING 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