Retirement plan

EATON STEEL CORPORATION UNION 401(K) PROFIT SHARING PLAN

Name: EATON STEEL CORPORATION - EATON STEEL CORPORATION UNION 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: EATON STEEL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EATON STEEL CORPORATION UNION 401(K) PROFIT SHARING PLAN, EATON STEEL CORPORATION

EATON STEEL CORPORATIONEIN 38-1745066Plan #003PY 2016

10221 CAPITAL AVENUE - OAK PARK, MI 48237248-398-3434eatonsteel.comLinkedIn201-500 employeesmining & metals

Other plans on this EIN

3 filings

#005Retirement-$402K assets #001Retirement--#006Retirement--

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$574K

No prior year

Total participants

No prior year

Average account balance

$9,115

No prior year

Annual return

669.83%

No prior year

Benchmarks

See 15,087 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort15,087 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$839K

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

126.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$74K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+16.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3052

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 codes2E2F2G2J3D

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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$14K

$279 / participant

Other / not subdivided$14K100.0%

% of EOY assets

2.381%

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

$9,115

$60,349-84.9%

$74,184-87.7%

$62,881-85.5%

Participation rate

98.0%

72.7%+25.2pp

76.6%+21.3pp

69.3%+28.7pp

Annual return

669.83%

21.38%+648.5pp

17.74%+652.1pp

20.14%+649.7pp

Employer contribution / active EE

$568

$1,680-66.2%

$2,370-76.0%

$2,281-75.1%

Participant deferral / active EE

$249

$2,856-91.3%

$3,550-93.0%

$3,203-92.2%

Admin fee / account holder

$217

$4,261-94.9%

$5,586-96.1%

$4,296-94.9%

EATON STEEL CORPORATION UNION 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EATON STEEL CORPORATION UNION 401(K) 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