Retirement plan

CENTRAL MILLING EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Name: CENTRAL MILLING HOLDINGS INC - CENTRAL MILLING EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST (2023) Form 5500
Creator: CENTRAL MILLING HOLDINGS INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRAL MILLING EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST, CENTRAL MILLING HOLDINGS INC

CENTRAL MILLING HOLDINGS INCEIN 46-3266503Plan #002PY 2023

122 E CENTER STREET - LOGAN, UT 84321435-752-6625centralmilling.comLinkedIn51-200 employeesfood production

Other plans on this EIN

1 filing

#001Retirement-$7.2M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$45.4M

+40.7% from 2022

Total participants

115

+1.8% from 2022

Average account balance

$394,482

+38.3% from 2022

Annual return

40.12%

+18.84 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

$54.58M

Not enough data

1 years with asset history on file

Average account balance

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

$447K

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.

122

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.

99.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$200K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+19.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$324

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 codes2E2I2P2Q3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$470K

$4394 / participant

Other / not subdivided$470K100.0%

% of EOY assets

1.036%

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

$394,482

$56,438+599.0%

$76,902+413.0%

$71,529+451.5%

Participation rate

100.0%

64.3%+35.7pp

69.6%+30.4pp

67.9%+32.1pp

Annual return

40.12%

19.05%+21.1pp

37.91%+2.2pp

28.97%+11.1pp

Employer contribution / active EE

$5,718

$1,864+206.9%

$2,534+125.7%

$2,590+120.8%

Participant deferral / active EE

$3,136-100.0%

$3,833-100.0%

$4,291-100.0%

Admin fee / account holder

$4,088

$1,430+185.8%

$5,479-25.4%

$1,588+157.4%

CENTRAL MILLING EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTRAL MILLING EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

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