Retirement plan

CUT-ALL WATERJET CUTTING 401(K) PLAN

Name: CUT-ALL WATERJET CUTTING, INC. - CUT-ALL WATERJET CUTTING 401(K) PLAN (2015) Form 5500
Creator: CUT-ALL WATERJET CUTTING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CUT-ALL WATERJET CUTTING 401(K) PLAN, CUT-ALL WATERJET CUTTING, INC.

CUT-ALL WATERJET CUTTING, INC.EIN 38-3273597Plan #001PY 2015

25944 NORTHLINE RD - TAYLOR, MI 48180734-946-7880cut-all.comLinkedIn1-10 employeesmachinery

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$606K

No prior year

Total participants

No prior year

Average account balance

$86,571

No prior year

Annual return

-3.99%

No prior year

Benchmarks

See 18,068 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort18,068 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.72M

Not enough data

1 years with asset history on file

Average account balance

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

$172K

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.

111.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$54K

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

+14.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3079

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 codes2E2G2J2T3D

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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$44K

$6259 / participant

Other / not subdivided$44K100.0%

% of EOY assets

7.230%

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

$86,571

$78,694+10.0%

$67,652+28.0%

$125,389-31.0%

Participation rate

85.7%

78.8%+6.9pp

75.7%+10.0pp

83.2%+2.5pp

Annual return

-3.99%

9.46%-13.4pp

6625.40%-6629.4pp

282.24%-286.2pp

Employer contribution / active EE

$2,200

$3,044-27.7%

$2,266-2.9%

$4,866-54.8%

Participant deferral / active EE

$5,952

$4,292+38.7%

$3,560+67.2%

$5,352+11.2%

Admin fee / account holder

$6,259

$7,403-15.5%

$4,821+29.8%

$9,541-34.4%

CUT-ALL WATERJET CUTTING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CUT-ALL WATERJET CUTTING 401(K) 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