Retirement plan

SCHROCK'S WOODCRAFTS, INC. 401(K) PLAN

Name: SCHROCKS WOODCRAFTS, INC. - SCHROCK'S WOODCRAFTS, INC. 401(K) PLAN (2016) Form 5500
Creator: SCHROCKS WOODCRAFTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCHROCK'S WOODCRAFTS, INC. 401(K) PLAN, SCHROCKS WOODCRAFTS, INC.

SCHROCKS WOODCRAFTS, INC.EIN 34-0979607Plan #001PY 2016

P O BOX 138 - WALNUT CREEK, OH 44687330-893-2141schrocksofwalnutcreek.comLinkedIn51-200 employeespaper & forest products

Prospect flagsLow returnsHigh cash

How to read this page

Total assets (EOY)

$2.2M

+3.6% from 2015

Total participants

-9.7% from 2015

Average account balance

$26,167

+13.4% from 2015

Annual return

4.36%

+3.82 pp from 2015

Benchmarks

See 6,045 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort6,045 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.14M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$236K

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

+17.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8389

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
COMMERCIAL & SAVINGS BANK1 year Filed as: THE COMMERCIAL & SAVINGS BANK Service code 15 · EIN 34-0159850 1210 NORTH MAIN STREET · NORTH CANTON, OH 44720	Recordkeeping	$20,281

Plan features & details

Pension benefit codes2J2K2F2G2J3D

Plan features

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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$21K

$348 / participant

Investment mgmt$21K100.0%

% of EOY assets

0.934%

all-in expense ratio

Categories reported

1 / 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: MOORE & NEIDENTHAL, INC.
Auditor EIN: 341115383
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,167

$58,828-55.5%

$78,002-66.5%

$62,881-58.4%

Participation rate

100.0%

71.1%+28.9pp

75.5%+24.5pp

69.3%+30.7pp

Annual return

4.36%

17.16%-12.8pp

425.99%-421.6pp

20.14%-15.8pp

Employer contribution / active EE

$1,672-100.0%

$2,470-100.0%

$2,281-100.0%

Participant deferral / active EE

$1,929

$2,686-28.2%

$3,497-44.8%

$3,203-39.8%

Admin fee / account holder

$244

$4,393-94.4%

$5,481-95.5%

$4,296-94.3%

Provider

Service type

Compensation

COMMERCIAL & SAVINGS BANK1 year

Filed as: THE COMMERCIAL & SAVINGS BANK

Service code 15 · EIN 34-0159850

1210 NORTH MAIN STREET · NORTH CANTON, OH 44720

Recordkeeping

$20,281

SCHROCK'S WOODCRAFTS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCHROCK'S WOODCRAFTS, INC. 401(K) 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