Retirement plan

ANGOLA WIRE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN

Name: ANGOLA WIRE PRODUCTS, INC. - ANGOLA WIRE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: ANGOLA WIRE PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANGOLA WIRE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN, ANGOLA WIRE PRODUCTS, INC.

ANGOLA WIRE PRODUCTS, INC.EIN 35-1537695Plan #003PY 2022

803 WOHLERT STREET - ANGOLA, IN 467031030260-665-9447angolawire.comLinkedIn51-200 employeesmining & metals

Other plans on this EIN

1 filing

#001Retirement-$3.0M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$7.5M

-9.3% from 2021

Total participants

159

0.0% from 2021

Average account balance

$49,315

-11.1% from 2021

Annual return

-10.86%

-27.16 pp from 2021

Benchmarks

See 4,067 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,067 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.03M

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.

153

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.

81.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$662K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+21.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$212

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 2 by compensation

Provider	Service type	Compensation
PENSIONMARK FINANCIAL GROUP LLC8+ years Filed as: PENSIONMARK RETIREMENT GROUP Service code 26 2829 EAST DUPONT ROAD · FORT WAYNE, IN 46825	Advisory (Participants)	$19,497
NYHART8+ years Service code 15 · EIN 35-0966414	Recordkeeping	$4,094

Plan features & details

Pension benefit codes2E2F2J2T3D

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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$26K

$210 / participant

Investment mgmt$19K74.4%
Other / not subdivided$7K25.6%

% of EOY assets

0.349%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BADEN GAGE & SCHROEDER LLC
Auditor EIN: 351939627
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$49,315

$65,453-24.7%

$86,698-43.1%

$66,938-26.3%

Participation rate

94.4%

75.5%+18.9pp

76.6%+17.8pp

69.8%+24.6pp

Annual return

-10.86%

-10.89%0pp

35.95%-46.8pp

1.58%-12.4pp

Employer contribution / active EE

$1,877

$2,154-12.9%

$2,837-33.8%

$2,545-26.3%

Participant deferral / active EE

$3,229

$4,102-21.3%

$4,656-30.7%

$4,238-23.8%

Admin fee / account holder

$172

$642-73.2%

$7,493-97.7%

$594-71.0%

Provider

Service type

Compensation

PENSIONMARK FINANCIAL GROUP LLC8+ years

Filed as: PENSIONMARK RETIREMENT GROUP

Service code 26

2829 EAST DUPONT ROAD · FORT WAYNE, IN 46825

Advisory (Participants)

$19,497

NYHART8+ years

Service code 15 · EIN 35-0966414

Recordkeeping

$4,094

ANGOLA WIRE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANGOLA WIRE PRODUCTS, INC. 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