Retirement plan

SUPERBOLT, INC. 401K PLAN

Name: SUPERBOLT INC - SUPERBOLT, INC. 401K PLAN (2024) Form 5500
Creator: SUPERBOLT INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUPERBOLT, INC. 401K PLAN, SUPERBOLT INC

SUPERBOLT INCEIN 25-1478791Plan #001PY 2024

1200 CLIFFORD BALL DRIVE - CLINTON, PA 15026412-279-1149superbolt.comLinkedIn201-500 employeesmechanical or industrial engineering

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$6.6M

+10.5% from 2023

Total participants

135

+1.5% from 2023

Average account balance

$50,755

+12.2% from 2023

Annual return

12.38%

-4.73 pp from 2023

Benchmarks

See 14,159 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,159 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.65M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

131

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.

95.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$674K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$149

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 3 by compensation

Provider	Service type	Compensation
EDWARD JONES1 year Service code 17 5916 HARVEY ST STE A · MUSKEGON, MI 49444	Pension Consulting	$15,199
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT SERVICES Service code 15 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping	$2,606
CONSULTING ACTUARIAL GROUP, INC.1 year Filed as: HS CONSULTING Service code 10 4985 S. HARVEY ST. · MUSKEGON, MI 49444	Accounting	$1,700

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$20K

$222 / participant

Investment mgmt$15K77.9%
Contract admin$4K22.1%

% of EOY assets

0.293%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: TORRILLO & ASSOCIATES, LLC
Auditor EIN: 830414789
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,755

$86,940-41.6%

$102,434-50.5%

$80,935-37.3%

Participation rate

95.5%

72.4%+23.1pp

76.5%+18.9pp

67.7%+27.8pp

Annual return

12.38%

18.89%-6.5pp

29.46%-17.1pp

35.66%-23.3pp

Employer contribution / active EE

$3,724

$2,370+57.1%

$3,023+23.2%

$2,757+35.1%

Participant deferral / active EE

$3,941

$4,121-4.4%

$5,055-22.0%

$4,299-8.3%

Admin fee / account holder

$149

$8,047-98.1%

$9,462-98.4%

$6,924-97.8%

Provider

Service type

Compensation

EDWARD JONES1 year

Service code 17

5916 HARVEY ST STE A · MUSKEGON, MI 49444

Pension Consulting

$15,199

AMERICAN FUNDS1 year

Filed as: CAPITAL GROUP RETIREMENT SERVICES

Service code 15

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping

$2,606

CONSULTING ACTUARIAL GROUP, INC.1 year

Filed as: HS CONSULTING

Service code 10

4985 S. HARVEY ST. · MUSKEGON, MI 49444

Accounting

$1,700

SUPERBOLT, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUPERBOLT, INC. 401K 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