Retirement plan

CHICAGO RIVET & MACHINE CO. PROFIT SHARING PLAN

Name: CHICAGO RIVET & MACHINE CO. - CHICAGO RIVET & MACHINE CO. PROFIT SHARING PLAN (2019) 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 2019

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

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$16.8M

+17.4% from 2018

Total participants

239

-7.4% from 2018

Average account balance

$77,682

+23.4% from 2018

Annual return

20.95%

+25.32 pp from 2018

Benchmarks

See 4,277 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,277 peers

Snapshot2019

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 LLP3 years Service code 10 · EIN 35-0921680	Accounting	$13,800
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Service code 37 · EIN 04-2647786	Loan Processing	$4,634

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

$19K

$88 / participant

Other / not subdivided$19K100.0%

% of EOY assets

0.110%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$77,682

$65,376+18.8%

$87,104-10.8%

$65,185+19.2%

Participation rate

89.1%

75.3%+13.8pp

76.9%+12.2pp

70.2%+18.9pp

Annual return

20.95%

31.27%-10.3pp

28.19%-7.2pp

29.38%-8.4pp

Employer contribution / active EE

$829

$1,822-54.5%

$2,521-67.1%

$2,177-61.9%

Participant deferral / active EE

$2,341

$3,388-30.9%

$4,048-42.2%

$3,514-33.4%

Admin fee / account holder

$86

$520-83.5%

$7,491-98.9%

$847-89.9%

Provider

Service type

Compensation

CROWE LLP3 years

Service code 10 · EIN 35-0921680

Accounting

$13,800

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Service code 37 · EIN 04-2647786

Loan Processing

$4,634

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