Retirement plan

J B TOOL, DIE & ENGINEERING, INC. RETIREMENT PLAN

Name: J B TOOL, DIE & ENGINEERING, INC. - J B TOOL, DIE & ENGINEERING, INC. RETIREMENT PLAN (2020) Form 5500
Creator: J B TOOL, DIE & ENGINEERING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, J B TOOL, DIE & ENGINEERING, INC. RETIREMENT PLAN, J B TOOL, DIE & ENGINEERING, INC.

J B TOOL, DIE & ENGINEERING, INC.EIN 35-1071748Plan #002PY 2020

1509 DIVIDEND ROAD - FORT WAYNE, IN 46808260-483-9586jbtool.comLinkedIn51-200 employees

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$20.7M

+27.1% from 2019

Total participants

0.0% from 2019

Average account balance

$303,800

+30.9% from 2019

Annual return

24.88%

+4.02 pp from 2019

Benchmarks

See 14,879 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,879 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.68M

Not enough data

1 years with asset history on file

Average account balance

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

$260K

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.

111.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$501K

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

+11.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15451

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 codes2E2F2G2J2T3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$272K

$4464 / participant

Other / not subdivided$272K100.0%

% of EOY assets

1.318%

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

$303,800

$78,423+287.4%

$95,964+216.6%

$79,856+280.4%

Participation rate

95.1%

73.5%+21.6pp

77.1%+18.0pp

69.6%+25.4pp

Annual return

24.88%

19.37%+5.5pp

91.64%-66.8pp

31.71%-6.8pp

Employer contribution / active EE

$3,934

$1,945+102.2%

$2,541+54.8%

$2,471+59.2%

Participant deferral / active EE

$5,325

$3,440+54.8%

$4,167+27.8%

$3,741+42.4%

Admin fee / account holder

$4,005

$5,622-28.8%

$6,797-41.1%

$5,306-24.5%

J B TOOL, DIE & ENGINEERING, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

J B TOOL, DIE & ENGINEERING, INC. RETIREMENT 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