Retirement plan

GASBARRE PRODUCTS, INC. PROFIT SHARING PLAN

Name: GASBARRE PRODUCTS, INC. - GASBARRE PRODUCTS, INC. PROFIT SHARING PLAN (2015) Form 5500
Creator: GASBARRE PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GASBARRE PRODUCTS, INC. PROFIT SHARING PLAN, GASBARRE PRODUCTS, INC.

GASBARRE PRODUCTS, INC.EIN 25-1256812Plan #001PY 2015

590 DIVISION STREET - DUBOIS, PA 15801814-371-3015

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$9.1M

No prior year

Total participants

232

No prior year

Average account balance

$39,232

No prior year

Annual return

-0.28%

No prior year

Benchmarks

See 3,906 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort3,906 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.49M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

294

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.

98.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$958K

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

+14.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$185

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 1 by compensation

Provider	Service type	Compensation
HUNTINGTON NATIONAL BANK1+ years Service code 15 · EIN 31-0966785	Recordkeeping	$55,812

Plan features & details

Pension benefit codes2E2J2G3D2T2F

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$56K

$298 / participant

Other / not subdivided$56K100.0%

% of EOY assets

0.613%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CLYDE, FERRARO & CO. LLP
Auditor EIN: 251669808
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,232

$54,320-27.8%

$67,652-42.0%

$52,331-25.0%

Participation rate

100.0%

73.6%+26.4pp

75.7%+24.3pp

68.1%+31.9pp

Annual return

-0.28%

6.81%-7.1pp

6625.04%-6625.3pp

4.54%-4.8pp

Employer contribution / active EE

$962

$1,544-37.7%

$2,266-57.5%

$1,882-48.9%

Participant deferral / active EE

$2,112

$2,950-28.4%

$3,560-40.7%

$3,022-30.1%

Admin fee / account holder

$241

$527-54.3%

$4,821-95.0%

$592-59.3%

Provider

Service type

Compensation

HUNTINGTON NATIONAL BANK1+ years

Service code 15 · EIN 31-0966785

Recordkeeping

$55,812

GASBARRE PRODUCTS, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GASBARRE PRODUCTS, INC. 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