Retirement plan

CAMBRIDGE BRANDS INC. RETIREMENT AND SAVINGS PLAN

Name: CAMBRIDGE BRANDS, INC. - CAMBRIDGE BRANDS INC. RETIREMENT AND SAVINGS PLAN (2023) 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 2023

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

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$23.5M

+10.9% from 2022

Total participants

250

+0.4% from 2022

Average account balance

$94,693

+7.7% from 2022

Annual return

12.80%

+24.15 pp from 2022

Benchmarks

See 938 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort938 peers

Snapshot2023

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 & ANNUITY8 years Service code 26 · EIN 71-0294708	Advisory (Participants)	$58

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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$101

$1 / participant

Investment mgmt$5150.5%
Other / not subdivided$5049.5%

% of EOY assets

0.000%

all-in expense ratio

Categories reported

1 / 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

$94,693

$56,438+67.8%

$76,902+23.1%

$71,529+32.4%

Participation rate

98.9%

64.3%+34.6pp

69.6%+29.3pp

67.9%+31.0pp

Annual return

12.80%

19.05%-6.2pp

37.91%-25.1pp

28.97%-16.2pp

Employer contribution / active EE

$4,744

$1,864+154.6%

$2,534+87.2%

$2,590+83.2%

Participant deferral / active EE

$4,108

$3,136+31.0%

$3,833+7.2%

$4,291-4.3%

Admin fee / account holder

$1,430-100.0%

$5,479-100.0%

$1,588-100.0%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY8 years

Service code 26 · EIN 71-0294708

Advisory (Participants)

$58

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