Retirement plan

JAIN CHEM LTD. / CPJ TECHNOLOGIES 401(K) PLAN

Name: JAIN CHEM, LTD. - JAIN CHEM LTD. / CPJ TECHNOLOGIES 401(K) PLAN (2023) Form 5500
Creator: JAIN CHEM, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JAIN CHEM LTD. / CPJ TECHNOLOGIES 401(K) PLAN, JAIN CHEM, LTD.

JAIN CHEM, LTD.EIN 57-0627031Plan #001PY 2023

200 TANNER DR. - TAYLORS, SC 29687864-609-0540jainchem.comLinkedIn11-50 employeeschemicals

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$1.2M

+59.4% from 2022

Total participants

+2.3% from 2022

Average account balance

$25,708

+52.3% from 2022

Annual return

20.80%

+41.76 pp from 2022

Benchmarks

See 5,448 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,448 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.57M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

132.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$292K

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

+13.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$668

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

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 codes2E2J2T2F2G3D

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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$11K

$354 / participant

Other / not subdivided$11K100.0%

% of EOY assets

0.978%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,708

$79,955-67.8%

$98,461-73.9%

$75,173-65.8%

Participation rate

100.0%

70.4%+29.6pp

75.2%+24.8pp

67.2%+32.8pp

Annual return

20.80%

19.75%+1.1pp

21.17%-0.4pp

160.72%-139.9pp

Employer contribution / active EE

$3,350

$2,264+48.0%

$3,049+9.9%

$2,671+25.4%

Participant deferral / active EE

$5,756

$3,752+53.4%

$4,738+21.5%

$4,126+39.5%

Admin fee / account holder

$251

$6,841-96.3%

$8,961-97.2%

$5,651-95.6%

JAIN CHEM LTD. / CPJ TECHNOLOGIES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JAIN CHEM LTD. / CPJ TECHNOLOGIES 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