Retirement plan

COPPER HILL INC. 401(K) PROFIT SHARING PLAN & TRUST

Name: COPPER HILL INC. - COPPER HILL INC. 401(K) PROFIT SHARING PLAN & TRUST (2024) Form 5500
Creator: COPPER HILL INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COPPER HILL INC. 401(K) PROFIT SHARING PLAN & TRUST, COPPER HILL INC.

COPPER HILL INC.EIN 46-3487516Plan #001PY 2024

33057 SCHOOLCRAFT RD - LIVONIA, MI 481501618734-237-3315copper-hill-inc.comLinkedIn201-500 employeesinternational trade and development

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$6.2M

+40.5% from 2023

Total participants

258

+14.7% from 2023

Average account balance

$25,774

+25.8% from 2023

Annual return

17.00%

-10.68 pp from 2023

Benchmarks

See 1,419 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,419 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.16M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

239

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.

91.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.34M

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

+17.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$38

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 6 by compensation

Provider	Service type	Compensation
NATIONWIDE2 years Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$22,227
GOLDMAN SACHS1 year Filed as: COPPER HILL INC. Service code 28	Investment Management	$12,952
IRON-CO-FID-COMPREHENSIVE1 year Filed as: IRON FIDUCIARY Service code 28 · EIN 99-9552241	Investment Management	$2,716
NATIONWIDE1 year Filed as: NATIONWIDE RETIREMENT PLANS Service code 28 · EIN 31-4156830	Investment Management	$465
AMERIPRISE FINANCIAL SERVICES INC1 year Filed as: AMERIPRISE FINANCIAL SERVICES Service code 28 · EIN 41-0973005	Investment Management	$0
AMERIPRISE FINANCIAL SERVICES INC1 year Filed as: AMERIPRISE FINANCIAL SERVICES LLC Service code 28 · EIN 41-0973005	Investment Management	$0

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$9K

$42 / participant

Other / not subdivided$9K100.0%

% of EOY assets

0.146%

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: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,774

$45,119-42.9%

$85,126-69.7%

$74,429-65.4%

Participation rate

91.1%

49.4%+41.8pp

67.5%+23.6pp

67.2%+23.9pp

Annual return

17.00%

26.28%-9.3pp

66.63%-49.6pp

1368.38%-1351.4pp

Employer contribution / active EE

$1,917

$1,460+31.2%

$2,731-29.8%

$2,625-27.0%

Participant deferral / active EE

$4,337

$2,738+58.4%

$4,523-4.1%

$4,348-0.3%

Admin fee / account holder

$38

$2,214-98.3%

$6,160-99.4%

$1,944-98.1%

Provider

Service type

Compensation

NATIONWIDE2 years

Service code 15 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$22,227

GOLDMAN SACHS1 year

Filed as: COPPER HILL INC.

Service code 28

Investment Management

$12,952

IRON-CO-FID-COMPREHENSIVE1 year

Filed as: IRON FIDUCIARY

Service code 28 · EIN 99-9552241

Investment Management

$2,716

NATIONWIDE1 year

Filed as: NATIONWIDE RETIREMENT PLANS

Service code 28 · EIN 31-4156830

Investment Management

$465

AMERIPRISE FINANCIAL SERVICES INC1 year

Filed as: AMERIPRISE FINANCIAL SERVICES

Service code 28 · EIN 41-0973005

Investment Management

AMERIPRISE FINANCIAL SERVICES INC1 year

Filed as: AMERIPRISE FINANCIAL SERVICES LLC

Service code 28 · EIN 41-0973005

Investment Management

COPPER HILL INC. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COPPER HILL INC. 401(K) PROFIT SHARING PLAN & 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