Retirement plan

FISCHER USA STAINLESS STEEL TUBING, INC.

Name: FISCHER USA STAINLESS STEEL TUBING, INC. - FISCHER USA STAINLESS STEEL TUBING, INC. (2024) Form 5500
Creator: FISCHER USA STAINLESS STEEL TUBING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FISCHER USA STAINLESS STEEL TUBING, INC., FISCHER USA STAINLESS STEEL TUBING, INC.

FISCHER USA STAINLESS STEEL TUBING, INC.EIN 58-2393959Plan #001PY 2024

1120 AEDC ACCESS ROAD - MANCHESTER, TN 37533931-596-3566LinkedIn51-200 employeesautomotive

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$6.6M

+24.8% from 2023

Total participants

234

-11.0% from 2023

Average account balance

$28,965

+37.5% from 2023

Annual return

18.99%

-9.40 pp from 2023

Benchmarks

See 4,103 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,103 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.58M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

227

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.

96.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$645K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+18.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$17

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 1 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL7 years Service code 37 · EIN 04-2647786	Loan Processing	$3,862

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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$4K

$20 / participant

Recordkeeping$4K100.0%

% of EOY assets

0.059%

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: DEMPSEYVANTREASE AND FOLLIS
Auditor EIN: 621736974
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,965

$79,181-63.4%

$102,423-71.7%

$74,429-61.1%

Participation rate

96.3%

74.8%+21.6pp

76.5%+19.8pp

67.2%+29.1pp

Annual return

18.99%

54.97%-36.0pp

29.42%-10.4pp

1368.38%-1349.4pp

Employer contribution / active EE

$1,536

$2,362-35.0%

$3,023-49.2%

$2,625-41.5%

Participant deferral / active EE

$1,840

$4,416-58.3%

$5,054-63.6%

$4,348-57.7%

Admin fee / account holder

$17

$2,002-99.2%

$9,455-99.8%

$1,944-99.1%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL7 years

Service code 37 · EIN 04-2647786

Loan Processing

$3,862

FISCHER USA STAINLESS STEEL TUBING, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FISCHER USA STAINLESS STEEL TUBING, INC.

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