Retirement plan

BLUE GRASS METALS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: BLUE GRASS METALS, INC. - BLUE GRASS METALS, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: BLUE GRASS METALS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLUE GRASS METALS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, BLUE GRASS METALS, INC.

BLUE GRASS METALS, INC.EIN 61-1293635Plan #002PY 2023

1075 FLEET BLVD - INDEPENDENCE, KY 41051859-485-9140bluegrassmetals.comLinkedIn51-200 employeesconsumer goods

Other plans on this EIN

1 filing

#001Retirement-$2.2M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$13.9M

+24.7% from 2022

Total participants

0.0% from 2022

Average account balance

$208,008

+26.6% from 2022

Annual return

22.88%

+26.01 pp from 2022

Benchmarks

See 14,453 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,453 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.07M

Not enough data

1 years with asset history on file

Average account balance

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

$233K

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

$407K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+14.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5125

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 codes2I2Q3I2P

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$164K

$3733 / participant

Other / not subdivided$164K100.0%

% of EOY assets

1.179%

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

$208,008

$80,983+156.9%

$96,544+115.5%

$75,177+176.7%

Participation rate

97.7%

71.8%+25.9pp

76.0%+21.7pp

67.2%+30.5pp

Annual return

22.88%

27.05%-4.2pp

25.88%-3.0pp

160.75%-137.9pp

Employer contribution / active EE

$7,916

$2,282+246.8%

$2,966+166.8%

$2,671+196.4%

Participant deferral / active EE

$3,929-100.0%

$4,851-100.0%

$4,126-100.0%

Admin fee / account holder

$2,451

$6,717-63.5%

$8,254-70.3%

$5,651-56.6%

BLUE GRASS METALS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BLUE GRASS METALS, 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