Retirement plan

CAMBRIDGE BRANDS INC. RETIREMENT AND SAVINGS PLAN

Name: CAMBRIDGE BRANDS, INC. - CAMBRIDGE BRANDS INC. RETIREMENT AND SAVINGS PLAN (2022) Form 5500
Creator: CAMBRIDGE BRANDS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAMBRIDGE BRANDS INC. RETIREMENT AND SAVINGS PLAN, CAMBRIDGE BRANDS, INC.

CAMBRIDGE BRANDS, INC.EIN 39-3909175Plan #001PY 2022

7401 S, CICERO AVENUE - CHICAGO, IL 60629773-838-3470

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$21.2M

-12.8% from 2021

Total participants

249

+3.8% from 2021

Average account balance

$87,891

-13.5% from 2021

Annual return

-11.35%

-22.31 pp from 2021

Benchmarks

See 936 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort936 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25.27M

Not enough data

1 years with asset history on file

Average account balance

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

$104K

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.

243

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.53M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$32

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 1 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY7 years Service code 26 · EIN 71-0294708	Advisory (Participants)	$56

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$57

$0 / participant

Other / not subdivided$57100.0%

% of EOY assets

0.000%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SASSETTI LLC
Auditor EIN: 362239746
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$87,891

$50,199+75.1%

$69,890+25.8%

$66,949+31.3%

Participation rate

95.6%

66.3%+29.3pp

70.5%+25.1pp

69.8%+25.8pp

Annual return

-11.35%

-13.85%+2.5pp

190.84%-202.2pp

1.57%-12.9pp

Employer contribution / active EE

$4,622

$1,864+148.0%

$2,560+80.5%

$2,545+81.6%

Participant deferral / active EE

$3,844

$3,112+23.5%

$3,848-0.1%

$4,239-9.3%

Admin fee / account holder

$600-100.0%

$6,267-100.0%

$594-100.0%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY7 years

Service code 26 · EIN 71-0294708

Advisory (Participants)

$56

CAMBRIDGE BRANDS INC. RETIREMENT AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAMBRIDGE BRANDS INC. RETIREMENT AND SAVINGS 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