Retirement plan

CHATTANOOGA SHOOTING SUPPLIES, INC. PROFIT SHARING PLAN

Name: CHATTANOOGA SHOOTING SUPPLIES, INC. - CHATTANOOGA SHOOTING SUPPLIES, INC. PROFIT SHARING PLAN (2023) Form 5500
Creator: CHATTANOOGA SHOOTING SUPPLIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHATTANOOGA SHOOTING SUPPLIES, INC. PROFIT SHARING PLAN, CHATTANOOGA SHOOTING SUPPLIES, INC.

CHATTANOOGA SHOOTING SUPPLIES, INC.EIN 62-1044129Plan #001PY 2023

2600 WALKER ROAD - CHATTANOOGA, TN 37421423-894-3007chattanoogashooting.comLinkedIn51-200 employeessporting goods

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$28.8M

+14.6% from 2022

Total participants

211

-1.9% from 2022

Average account balance

$136,546

+13.5% from 2022

Annual return

11.88%

+26.97 pp from 2022

Benchmarks

See 2,346 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,346 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$35.74M

Not enough data

1 years with asset history on file

Average account balance

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

$163K

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.

219

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.

93.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.19M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$98

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
RAYMOND JAMES FINANCIAL SERVICES2 years Filed as: RAYMOND JAMES & ASSOCIATES Service code 26 · EIN 59-1237041	Advisory (Participants)	$74,004

Plan features & details

Pension benefit codes2E2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$16K

$80 / participant

Contract admin$16K100.0%

% of EOY assets

0.056%

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: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$136,546

$83,045+64.4%

$130,045+5.0%

$71,511+90.9%

Participation rate

100.0%

74.1%+25.9pp

78.5%+21.5pp

67.9%+32.1pp

Annual return

11.88%

20.61%-8.7pp

-137.30%+149.2pp

28.86%-17.0pp

Employer contribution / active EE

$5,473

$2,623+108.6%

$4,321+26.6%

$2,589+111.4%

Participant deferral / active EE

$4,103

$4,436-7.5%

$5,820-29.5%

$4,291-4.4%

Admin fee / account holder

$77

$1,727-95.6%

$10,600-99.3%

$1,588-95.2%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES2 years

Filed as: RAYMOND JAMES & ASSOCIATES

Service code 26 · EIN 59-1237041

Advisory (Participants)

$74,004

CHATTANOOGA SHOOTING SUPPLIES, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHATTANOOGA SHOOTING SUPPLIES, INC. PROFIT SHARING 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