Retirement plan

TOBACCO RAG PROCESSORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: TOBACCO RAG PROCESSORS, INC. - TOBACCO RAG PROCESSORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2015) Form 5500
Creator: TOBACCO RAG PROCESSORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOBACCO RAG PROCESSORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, TOBACCO RAG PROCESSORS, INC.

TOBACCO RAG PROCESSORS, INC.EIN 56-2203637Plan #002PY 2015

P.O. BOX 498 - BLACK CREEK, NC 278130498252-265-0081LinkedIn11-50 employeesconsumer goods

Other plans on this EIN

1 filing

#001Retirement-$3.0M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$21.2M

No prior year

Total participants

132

No prior year

Average account balance

$160,931

No prior year

Annual return

-6.31%

No prior year

Benchmarks

See 834 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort834 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$87.56M

Not enough data

1 years with asset history on file

Average account balance

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

$276K

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.

317

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.

99.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.32M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+78.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$84

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

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 codes2P2I2Q

Plan features

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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HUGHES PITTMAN & GUPTON, LLP
Auditor EIN: 561415202
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$160,931

$43,550+269.5%

$63,244+154.5%

$52,331+207.5%

Participation rate

100.0%

65.7%+34.3pp

71.0%+29.0pp

68.1%+31.9pp

Annual return

-6.31%

2.03%-8.3pp

-70.31%+64.0pp

4.54%-10.9pp

Employer contribution / active EE

$7,335

$1,351+442.9%

$2,322+215.9%

$1,882+289.8%

Participant deferral / active EE

$2,254-100.0%

$2,953-100.0%

$3,022-100.0%

Admin fee / account holder

$387-100.0%

$5,893-100.0%

$592-100.0%

TOBACCO RAG PROCESSORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TOBACCO RAG PROCESSORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion