Retirement plan

VISTA METALS GEORGIA 401(K) & PROFIT SHARING PLAN

Name: VMC SPECIALTY ALLOYS LLC - VISTA METALS GEORGIA 401(K) & PROFIT SHARING PLAN (2023) Form 5500
Creator: VMC SPECIALTY ALLOYS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VISTA METALS GEORGIA 401(K) & PROFIT SHARING PLAN, VMC SPECIALTY ALLOYS LLC

VMC SPECIALTY ALLOYS LLCdba VISTA METALS GEORGIAEIN 27-1043263Plan #001PY 2023

800 MARTIN LUTHER KING DRIVE - ADAIRSVILLE, GA 30103909-823-4278LinkedIn1-10 employeesmining & metals

Other plans on this EIN

1 filing

#003Retirement-$2.4M assets

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$3.3M

+4.1% from 2022

Total participants

0.0% from 2022

Average account balance

$39,786

-5.9% from 2022

Annual return

16.60%

+33.81 pp from 2022

Benchmarks

See 14,460 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,460 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.93M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

109.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$308K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1203

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 codes3H2E2H2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$720K

$9603 / participant

Other / not subdivided$720K100.0%

% of EOY assets

21.811%

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

$39,786

$80,985-50.9%

$96,576-58.8%

$75,181-47.1%

Participation rate

98.7%

71.8%+26.9pp

76.0%+22.7pp

67.2%+31.5pp

Annual return

16.60%

27.05%-10.4pp

25.87%-9.3pp

160.69%-144.1pp

Employer contribution / active EE

$2,282-100.0%

$2,965-100.0%

$2,671-100.0%

Participant deferral / active EE

$4,145

$3,929+5.5%

$4,851-14.6%

$4,126+0.5%

Admin fee / account holder

$8,678

$6,719+29.2%

$8,253+5.1%

$5,650+53.6%

VISTA METALS GEORGIA 401(K) & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VISTA METALS GEORGIA 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