Retirement plan

CAPEL, INCORPORATED 401(K) PLAN

Name: CAPEL, INCORPORATED - CAPEL, INCORPORATED 401(K) PLAN (2021) Form 5500
Creator: CAPEL, INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAPEL, INCORPORATED 401(K) PLAN, CAPEL, INCORPORATED

CAPEL, INCORPORATEDEIN 56-0651989Plan #002PY 2021

831 NORTH MAIN STREET - TROY, NC 27371910-572-7137

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3.8M

+5.5% from 2020

Total participants

131

-0.8% from 2020

Average account balance

$39,626

+3.3% from 2020

Annual return

13.58%

-1.15 pp from 2020

Benchmarks

See 946 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort946 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.60M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

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.

72.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$115K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+12.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4033

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

Top 4 by compensation

Provider	Service type	Compensation
MAXUS PLAN SOLUTIONS1 year Service code 49 · EIN 45-4012897 15720 BRIXHAM HILL AVE STE 300 · CHARLOTTE, NC 28277	Other Services	$9,599
KESTRA INVESTMENT SERVICES LLC4 years Filed as: KESTRA FINANCIAL Service code 27 1250 CAPITAL OF TEXAS HWY S · AUSTIN, TX 78746	Advisory (Plan)	$8,446
THE VANGUARD GROUP, INC.1 year Filed as: THE VANGUARD GROUP Service code 15 · EIN 23-1945930	Recordkeeping	$5,910
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT INS Service code 27 · EIN 71-0294708	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$15K

$139 / participant

Contract admin$15K100.0%

% of EOY assets

0.393%

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: FORVIS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,626

$59,584-33.5%

$86,868-54.4%

$79,393-50.1%

Participation rate

68.8%

67.7%+1.1pp

71.6%-2.8pp

70.7%-1.9pp

Annual return

13.58%

23.15%-9.6pp

63.53%-49.9pp

116.87%-103.3pp

Employer contribution / active EE

$1,443

$1,768-18.4%

$2,496-42.2%

$2,428-40.6%

Participant deferral / active EE

$3,036-100.0%

$3,699-100.0%

$4,046-100.0%

Admin fee / account holder

$156

$604-74.2%

$5,829-97.3%

$627-75.1%

Provider

Service type

Compensation

MAXUS PLAN SOLUTIONS1 year

Service code 49 · EIN 45-4012897

15720 BRIXHAM HILL AVE STE 300 · CHARLOTTE, NC 28277

Other Services

$9,599

KESTRA INVESTMENT SERVICES LLC4 years

Filed as: KESTRA FINANCIAL

Service code 27

1250 CAPITAL OF TEXAS HWY S · AUSTIN, TX 78746

Advisory (Plan)

$8,446

THE VANGUARD GROUP, INC.1 year

Filed as: THE VANGUARD GROUP

Service code 15 · EIN 23-1945930

Recordkeeping

$5,910

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT INS

Service code 27 · EIN 71-0294708

Advisory (Plan)

CAPEL, INCORPORATED 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAPEL, INCORPORATED 401(K) 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