Retirement plan

CENTURY TOOL & GAGE COMPANY PROFIT SHARING PLAN

Name: CENTURY TOOL & GAGE COMPANY - CENTURY TOOL & GAGE COMPANY PROFIT SHARING PLAN (2015) Form 5500
Creator: CENTURY TOOL & GAGE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTURY TOOL & GAGE COMPANY PROFIT SHARING PLAN, CENTURY TOOL & GAGE COMPANY

CENTURY TOOL & GAGE COMPANYEIN 38-2031081Plan #001PY 2015

200 SOUTH ALLOY DRIVE - FENTON, MI 48430810-629-0784centurytool.comLinkedIn11-50 employeesautomotive

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$5M

No prior year

Total participants

109

No prior year

Average account balance

$65,470

No prior year

Annual return

-0.32%

No prior year

Benchmarks

See 174 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Cohort174 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.15M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

118

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.

109.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$784K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+10.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11730

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$41K

$418 / participant

Other / not subdivided$41K100.0%

% of EOY assets

0.822%

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

$65,470

$75,828-13.7%

$67,653-3.2%

Participation rate

67.7%

68.4%-0.7pp

75.7%-8.0pp

Annual return

-0.32%

-0.25%-0.1pp

6625.22%-6625.5pp

Employer contribution / active EE

$1,407-100.0%

$2,266-100.0%

Participant deferral / active EE

$2,629

$2,505+5.0%

$3,560-26.1%

Admin fee / account holder

$538

$8,125-93.4%

$4,821-88.8%

CENTURY TOOL & GAGE COMPANY PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTURY TOOL & GAGE COMPANY 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