Retirement plan

CRAIG MACHINERY & DESIGN, INC. RETIREMENT SAVINGS

Name: CRAIG MACHINERY & DESIGN, INC. - CRAIG MACHINERY & DESIGN, INC. RETIREMENT SAVINGS (2016) Form 5500
Creator: CRAIG MACHINERY & DESIGN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CRAIG MACHINERY & DESIGN, INC. RETIREMENT SAVINGS, CRAIG MACHINERY & DESIGN, INC.

CRAIG MACHINERY & DESIGN, INC.EIN 61-0919697Plan #001PY 2016

629 WEST MAGNOLIA - LOUISVILLE, KY 402082239502-635-7950craigmachinery.comLinkedIn11-50 employeesmachinery

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.3M

+13.0% from 2015

Total participants

+5.3% from 2015

Average account balance

$73,595

+19.3% from 2015

Annual return

6.97%

+2.43 pp from 2015

Benchmarks

See 21,241 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,241 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.30M

Not enough data

1 years with asset history on file

Average account balance

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

$143K

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.

121.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$145K

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

+17.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1437

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 codes2E2H2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$2K

$97 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.140%

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

$73,595

$88,707-17.0%

$74,184-0.8%

$273,972-73.1%

Participation rate

89.5%

79.4%+10.0pp

76.6%+12.9pp

83.0%+6.5pp

Annual return

6.97%

11.94%-5.0pp

17.74%-10.8pp

41.46%-34.5pp

Employer contribution / active EE

$1,545

$3,159-51.1%

$2,370-34.8%

$4,869-68.3%

Participant deferral / active EE

$2,300

$4,212-45.4%

$3,550-35.2%

$5,287-56.5%

Admin fee / account holder

$103

$8,717-98.8%

$5,586-98.2%

$10,133-99.0%

CRAIG MACHINERY & DESIGN, INC. RETIREMENT SAVINGS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CRAIG MACHINERY & DESIGN, INC. RETIREMENT SAVINGS

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