Retirement plan

CHICAGO RIVET & MACHINE CO. PROFIT SHARING PLAN

Name: CHICAGO RIVET & MACHINE CO. - CHICAGO RIVET & MACHINE CO. PROFIT SHARING PLAN (2016) Form 5500
Creator: CHICAGO RIVET & MACHINE CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHICAGO RIVET & MACHINE CO. PROFIT SHARING PLAN, CHICAGO RIVET & MACHINE CO.

CHICAGO RIVET & MACHINE CO.EIN 36-0904920Plan #001PY 2016

901 FRONTENAC ROAD - NAPERVILLE, IL 60563630-357-8500chicagorivet.comLinkedIn201-500 employeesconsumer goods

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$13.3M

-0.1% from 2015

Total participants

258

-3.7% from 2015

Average account balance

$57,421

+5.1% from 2015

Annual return

5.47%

+5.50 pp from 2015

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.01M

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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.

177

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.

84.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$472K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$23

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
CROWE LLP2+ years Filed as: CROWE HORWATH LLP Service code 16 · EIN 35-0921680	Consulting	$13,000
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 37 · EIN 04-2647786	Loan Processing	$10,610

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$24K

$104 / participant

Other / not subdivided$24K100.0%

% of EOY assets

0.178%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CROWE HORWATH LLP
Auditor EIN: 350921680
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,421

$60,165-4.6%

$74,184-22.6%

$55,167+4.1%

Participation rate

88.1%

74.2%+14.0pp

76.6%+11.5pp

69.0%+19.1pp

Annual return

5.47%

10.00%-4.5pp

17.74%-12.3pp

169.23%-163.8pp

Employer contribution / active EE

$1,693

$1,600+5.8%

$2,370-28.6%

$1,963-13.7%

Participant deferral / active EE

$2,008

$2,973-32.5%

$3,550-43.4%

$3,054-34.3%

Admin fee / account holder

$102

$419-75.6%

$5,586-98.2%

$504-79.7%

Provider

Service type

Compensation

CROWE LLP2+ years

Filed as: CROWE HORWATH LLP

Service code 16 · EIN 35-0921680

Consulting

$13,000

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 37 · EIN 04-2647786

Loan Processing

$10,610

CHICAGO RIVET & MACHINE CO. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHICAGO RIVET & MACHINE CO. 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