Retirement plan

CHESTERFIELD TOOL & ENGINEERING 401(K) PLAN

Name: CHESTERFIELD TOOL & ENGINEERING - CHESTERFIELD TOOL & ENGINEERING 401(K) PLAN (2018) Form 5500
Creator: CHESTERFIELD TOOL & ENGINEERING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHESTERFIELD TOOL & ENGINEERING 401(K) PLAN, CHESTERFIELD TOOL & ENGINEERING

CHESTERFIELD TOOL & ENGINEERINGEIN 35-1773994Plan #001PY 2018

13710 W. COMMERCE ROAD - DALEVILLE, IN 47334765-378-5101

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.3M

+17.9% from 2017

Total participants

-3.2% from 2017

Average account balance

$46,617

+5.3% from 2017

Annual return

11.35%

-1.81 pp from 2017

Benchmarks

See 21,281 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,281 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.15M

Not enough data

1 years with asset history on file

Average account balance

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

$143K

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.

83.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$44K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+12.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1652

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 codes3D2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

1 tripped

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

$401 / participant

Other / not subdivided$9K100.0%

% of EOY assets

0.707%

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

$46,617

$92,219-49.5%

$76,767-39.3%

$135,380-65.6%

Participation rate

91.3%

79.8%+11.5pp

77.0%+14.3pp

82.6%+8.7pp

Annual return

11.35%

5.46%+5.9pp

2.43%+8.9pp

519.81%-508.5pp

Employer contribution / active EE

$870

$3,216-73.0%

$2,485-65.0%

$4,779-81.8%

Participant deferral / active EE

$2,336

$4,508-48.2%

$3,852-39.4%

$5,609-58.4%

Admin fee / account holder

$330

$10,749-96.9%

$6,675-95.1%

$10,828-97.0%

CHESTERFIELD TOOL & ENGINEERING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHESTERFIELD TOOL & ENGINEERING 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