Retirement plan

GENERAL RUBBER & PLASTICS OF LOUISVILLE, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: GENERAL RUBBER & PLASTICS OF LOUISVILLE, INC. - GENERAL RUBBER & PLASTICS OF LOUISVILLE, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: GENERAL RUBBER & PLASTICS OF LOUISVILLE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GENERAL RUBBER & PLASTICS OF LOUISVILLE, INC. EMPLOYEE STOCK OWNERSHIP PLAN, GENERAL RUBBER & PLASTICS OF LOUISVILLE, INC.

GENERAL RUBBER & PLASTICS OF LOUISVILLE, INC.EIN 61-0545625Plan #003PY 2023

3118 SOUTH PRESTON HIGHWAY - LOUISVILLE, KY 402131100502-635-2605LinkedIn1-10 employeesplastics

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$23M

+32.8% from 2022

Total participants

+2.6% from 2022

Average account balance

$298,962

+29.3% from 2022

Annual return

38.60%

+26.17 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

$25.73M

Not enough data

1 years with asset history on file

Average account balance

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

$357K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.23M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+4.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$22050

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 codes2E2I2P2Q3H3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.8M

$27164 / participant

Other / not subdivided$2M100.0%

% of EOY assets

7.670%

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

$298,962

$79,955+273.9%

$98,461+203.6%

$75,173+297.7%

Participation rate

98.5%

70.4%+28.1pp

75.2%+23.3pp

67.2%+31.3pp

Annual return

38.60%

19.75%+18.9pp

21.17%+17.4pp

160.72%-122.1pp

Employer contribution / active EE

$10,477

$2,264+362.8%

$3,049+243.7%

$2,671+292.3%

Participant deferral / active EE

$3,752-100.0%

$4,738-100.0%

$4,126-100.0%

Admin fee / account holder

$22,931

$6,841+235.2%

$8,961+155.9%

$5,651+305.8%

GENERAL RUBBER & PLASTICS OF LOUISVILLE, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GENERAL RUBBER & PLASTICS OF LOUISVILLE, INC. EMPLOYEE STOCK OWNERSHIP 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