Retirement plan

GAGNON CLAY PRODUCTS COMPANY 401(K) PROFIT SHARING PLAN

Name: GAGNON CLAY PRODUCTS COMPANY - GAGNON CLAY PRODUCTS COMPANY 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: GAGNON CLAY PRODUCTS COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GAGNON CLAY PRODUCTS COMPANY 401(K) PROFIT SHARING PLAN, GAGNON CLAY PRODUCTS COMPANY

GAGNON CLAY PRODUCTS COMPANYEIN 39-0296240Plan #001PY 2020

2770 SOUTH ASHLAND AVENUE - GREEN BAY, WI 54304920-498-8549gagnonclayproducts.comLinkedIn11-50 employeesbuilding materials

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.1M

+22.9% from 2019

Total participants

+12.0% from 2019

Average account balance

$54,630

+22.9% from 2019

Annual return

14.25%

-38.44 pp from 2019

Benchmarks

See 16,250 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort16,250 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.24M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

110.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$162K

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

+14.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3950

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 codes3D2E2G2J2F2T

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.

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$742

$27 / participant

Other / not subdivided$742100.0%

% of EOY assets

0.068%

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

$54,630

$72,269-24.4%

$101,271-46.1%

$79,852-31.6%

Participation rate

70.4%

68.5%+1.9pp

75.8%-5.4pp

69.6%+0.7pp

Annual return

14.25%

22.29%-8.0pp

46.48%-32.2pp

31.72%-17.5pp

Employer contribution / active EE

$2,692-100.0%

$3,660-100.0%

$2,471-100.0%

Participant deferral / active EE

$2,850

$3,282-13.2%

$4,371-34.8%

$3,740-23.8%

Admin fee / account holder

$37

$4,401-99.2%

$5,948-99.4%

$5,306-99.3%

GAGNON CLAY PRODUCTS COMPANY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GAGNON CLAY PRODUCTS COMPANY 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