Retirement plan

GRT RUBBER TECHNOLOGIES LLC 401K PLAN

Name: GRT RUBBER TECHNOLOGIES LLC - GRT RUBBER TECHNOLOGIES LLC 401K PLAN (2022) Form 5500
Creator: GRT RUBBER TECHNOLOGIES LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GRT RUBBER TECHNOLOGIES LLC 401K PLAN, GRT RUBBER TECHNOLOGIES LLC

GRT RUBBER TECHNOLOGIES LLCEIN 47-2498899Plan #001PY 2022

201 DANA DRIVE - PARAGOULD, AR 72450870-215-4656garlockrubber.comLinkedIn1-10 employeesmanagement consulting

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$5.2M

-17.3% from 2021

Total participants

199

+14.4% from 2021

Average account balance

$26,327

-27.7% from 2021

Annual return

-16.14%

-29.83 pp from 2021

Benchmarks

See 5,556 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,556 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.72M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

193

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$858K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+11.38%

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 3 by compensation

Provider	Service type	Compensation
EDWARD JONES3 years Service code 15 · EIN 43-0345811	Recordkeeping	$11,004
ADP BROKER-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$4,580
ADP BROKER-DEALER3 years Service code 49 · EIN 22-3319984	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$16K

$202 / participant

Other / not subdivided$16K100.0%

% of EOY assets

0.297%

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: ASSURANCE DIMENSIONS INC.
Auditor EIN: 263429295
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,327

$73,009-63.9%

$90,760-71.0%

$68,486-61.6%

Participation rate

100.0%

70.8%+29.2pp

75.7%+24.3pp

67.9%+32.1pp

Annual return

-16.14%

-13.81%-2.3pp

-12.16%-4.0pp

-7.85%-8.3pp

Employer contribution / active EE

$4,911

$2,193+124.0%

$2,922+68.1%

$2,597+89.1%

Participant deferral / active EE

$4,916

$3,626+35.6%

$4,565+7.7%

$4,028+22.1%

Admin fee / account holder

$78

$5,896-98.7%

$8,444-99.1%

$5,404-98.6%

Provider

Service type

Compensation

EDWARD JONES3 years

Service code 15 · EIN 43-0345811

Recordkeeping

$11,004

ADP BROKER-DEALER3 years

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$4,580

ADP BROKER-DEALER3 years

Service code 49 · EIN 22-3319984

Other Services

GRT RUBBER TECHNOLOGIES LLC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GRT RUBBER TECHNOLOGIES LLC 401K 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