Retirement plan

CGR PRODUCTS INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST

Name: CGR PRODUCTS, INC. - CGR PRODUCTS INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST (2015) Form 5500
Creator: CGR PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CGR PRODUCTS INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST, CGR PRODUCTS, INC.

CGR PRODUCTS, INC.EIN 56-0795247Plan #001PY 2015

4655 US HIGHWAY 29 N - GREENSBORO, NC 274059446336-621-4568cgrproducts.comLinkedIn51-200 employeesconsumer goods

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed April 23, 2015

Plan administrator

Plan administrator name— Sign in and upgrade to view

4655 US Highway 29 North

Greensboro State: NC Zip Code: 27405

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Plans declared (5)

Deferred Compensation Plan - Alan Johnson1 emp
Deferred Compensation Plan - Tom Schultz1 emp
Deferred Compensation Plan - Steve Bartlett1 emp
Deferred Compensation Plan - Darin Carr1 emp
Deferred Compensation Plan - Richard Wilmoth1 emp

Total covered: 5 employees

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Total assets (EOY)

$7.8M

No prior year

Total participants

156

No prior year

Average account balance

$54,142

No prior year

Annual return

-0.32%

No prior year

Benchmarks

See 1,746 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,746 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.26M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

177

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

$887K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+15.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$289

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 2 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.1+ years Filed as: MATRIX FINANCIAL SOLUTIONS Service code 18	Custodial (securities); Other fees; C...	$3,590
CPI QUALIFIED PLAN CONSULTANTS, INC1+ years Service code 12	Recordkeeping fees; Claims processing...	$1,182

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: ROBERTSON NEAL & COMPANY, LLP
Auditor EIN: 561393362
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,142

$53,412+1.4%

$68,509-21.0%

$52,331+3.5%

Participation rate

90.2%

71.7%+18.6pp

74.7%+15.5pp

68.1%+22.1pp

Annual return

-0.32%

3.42%-3.7pp

8.27%-8.6pp

4.54%-4.9pp

Employer contribution / active EE

$2,134

$1,607+32.8%

$2,278-6.3%

$1,882+13.4%

Participant deferral / active EE

$2,630

$2,688-2.1%

$3,382-22.2%

$3,022-13.0%

Admin fee / account holder

-$18

$461-103.9%

$5,275-100.3%

$592-103.0%

Provider

Service type

Compensation

NEWPORT GROUP, INC.1+ years

Filed as: MATRIX FINANCIAL SOLUTIONS

Service code 18

Custodial (securities); Other fees; C...

$3,590

CPI QUALIFIED PLAN CONSULTANTS, INC1+ years

Service code 12

Recordkeeping fees; Claims processing...

$1,182

CGR PRODUCTS INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST

Top hat statement on fileNQDC

Plan administrator

Plans declared (5)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CGR PRODUCTS INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST

Top hat statement on fileNQDC

Plan administrator

Plans declared (5)

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