Retirement plan

CUSTOM REFRACTORY PRODUCTS, LLC 401(K) PROFIT SHARING PLAN

Name: CUSTOM REFRACTORY PRODUCTS, LLC - CUSTOM REFRACTORY PRODUCTS, LLC 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: CUSTOM REFRACTORY PRODUCTS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CUSTOM REFRACTORY PRODUCTS, LLC 401(K) PROFIT SHARING PLAN, CUSTOM REFRACTORY PRODUCTS, LLC

CUSTOM REFRACTORY PRODUCTS, LLCEIN 26-1367037Plan #001PY 2016

1001 EAST SMITHFIELD STREET - MCKEESPORT, PA 15135412-754-0402skidpipeinsulation.comLinkedIn11-50 employeesglass, ceramics & concrete

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$971K

+13.1% from 2015

Total participants

-7.7% from 2015

Average account balance

$107,926

+25.7% from 2015

Annual return

7.18%

+8.59 pp from 2015

Benchmarks

See 21,241 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,241 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.43M

Not enough data

1 years with asset history on file

Average account balance

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

$312K

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.

91.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$165K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+16.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1844

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 codes2E2F2J2T3D3H

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).
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$9K

$1048 / participant

Other / not subdivided$9K100.0%

% of EOY assets

0.971%

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

$107,926

$88,707+21.7%

$74,184+45.5%

$273,972-60.6%

Participation rate

66.7%

79.4%-12.8pp

76.6%-10.0pp

83.0%-16.3pp

Annual return

7.18%

11.94%-4.8pp

17.74%-10.6pp

41.46%-34.3pp

Employer contribution / active EE

$1,936

$3,159-38.7%

$2,370-18.3%

$4,869-60.2%

Participant deferral / active EE

$4,749

$4,212+12.8%

$3,550+33.8%

$5,287-10.2%

Admin fee / account holder

$1,048

$8,717-88.0%

$5,586-81.2%

$10,133-89.7%

CUSTOM REFRACTORY PRODUCTS, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CUSTOM REFRACTORY PRODUCTS, LLC 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