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 (2022) 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 2022

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

Other plans on this EIN

1 filing

#002Retirement-$10.0M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$5.5M

-22.7% from 2021

Total participants

106

-0.9% from 2021

Average account balance

$55,152

-18.8% from 2021

Annual return

-19.43%

-34.88 pp from 2021

Benchmarks

See 14,491 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,491 peers

Snapshot2022

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 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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2K

$25 / participant

Contract admin$2K100.0%

% of EOY assets

0.031%

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: SIKICH LLP
Auditor EIN: 363168081
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,152

$71,873-23.3%

$86,698-36.4%

$68,490-19.5%

Participation rate

89.7%

72.2%+17.5pp

76.6%+13.1pp

67.9%+21.8pp

Annual return

-19.43%

3.54%-23.0pp

35.96%-55.4pp

-7.85%-11.6pp

Employer contribution / active EE

$2,425

$2,173+11.6%

$2,837-14.5%

$2,597-6.6%

Participant deferral / active EE

$3,223

$3,779-14.7%

$4,656-30.8%

$4,028-20.0%

Admin fee / account holder

$17

$6,110-99.7%

$7,492-99.8%

$5,403-99.7%

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