Retirement plan

AURORA METALS DIVISION, LLC HOURLY RATE EMPLOYEES' 401(K) PLAN AND TRUST

Name: AURORA METALS DIVISION, LLC - AURORA METALS DIVISION, LLC HOURLY RATE EMPLOYEES' 401(K) PLAN AND TRUST (2024) Form 5500
Creator: AURORA METALS DIVISION, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AURORA METALS DIVISION, LLC HOURLY RATE EMPLOYEES' 401(K) PLAN AND TRUST, AURORA METALS DIVISION, LLC

AURORA METALS DIVISION, LLCEIN 35-1969290Plan #003PY 2024

1995 GREENFIELD AVE. - MONTGOMERY, IL 605381140630-844-4900aurorametals.comLinkedIn51-200 employeesmachinery

Other plans on this EIN

1 filing

#002Retirement-$8.4M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7M

+9.9% from 2023

Total participants

112

+0.9% from 2023

Average account balance

$70,473

+13.3% from 2023

Annual return

16.79%

-4.68 pp from 2023

Benchmarks

See 14,154 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,154 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.98M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

145.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$375K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+16.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8210

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 codes2E2F2G2J2T3D

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.
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

$813K

$11952 / participant

Other / not subdivided$813K100.0%

% of EOY assets

11.650%

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

$70,473

$86,949-18.9%

$102,460-31.2%

$80,959-13.0%

Participation rate

80.9%

72.4%+8.5pp

76.5%+4.4pp

67.7%+13.2pp

Annual return

16.79%

18.89%-2.1pp

29.47%-12.7pp

35.67%-18.9pp

Employer contribution / active EE

$2,668

$2,370+12.6%

$3,025-11.8%

$2,757-3.2%

Participant deferral / active EE

$2,854

$4,121-30.7%

$5,056-43.5%

$4,300-33.6%

Admin fee / account holder

$8,210

$8,048+2.0%

$9,460-13.2%

$6,925+18.5%

AURORA METALS DIVISION, LLC HOURLY RATE EMPLOYEES' 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AURORA METALS DIVISION, LLC HOURLY RATE EMPLOYEES' 401(K) PLAN AND TRUST

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