Retirement plan

SOUTHERN CAST PRODUCTS, INC. RETIREMENT PLAN

Name: SOUTHERN CAST PRODUCTS, INC - SOUTHERN CAST PRODUCTS, INC. RETIREMENT PLAN (2016) Form 5500
Creator: SOUTHERN CAST PRODUCTS, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTHERN CAST PRODUCTS, INC. RETIREMENT PLAN, SOUTHERN CAST PRODUCTS, INC

SOUTHERN CAST PRODUCTS, INCEIN 64-0627010Plan #001PY 2016

1010 WILE RD - MERIDIAN, MS 39301601-482-8518southerncastproducts.comLinkedIn51-200 employeesmining & metals

Prospect flagsHigh cashLow participant contribution

How to read this page

Total assets (EOY)

$3.6M

-14.9% from 2015

Total participants

-25.0% from 2015

Average account balance

$41,680

+8.6% from 2015

Annual return

6.57%

+6.02 pp from 2015

Benchmarks

See 15,087 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort15,087 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.97M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

107

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.

62.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$359K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+15.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11733

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

Top 2 by compensation

Provider	Service type	Compensation
KEMP, WILLIAMS, STEV1 year Filed as: KEMP, WILLIAMS, STEVERSON Service code 10 · EIN 20-5707632	Accounting	$8,000
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 64 · EIN 04-2647786	Recordkeeping Fees	$5,900

Plan features & details

Pension benefit codes2F2G2J2T3D2E

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.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$14K

$172 / participant

Other / not subdivided$14K100.0%

% of EOY assets

0.383%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: KEMP, WILLIAMS, STEVERSON & BERNARD
Auditor EIN: 205707632
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,680

$60,349-30.9%

$74,184-43.8%

$62,881-33.7%

Participation rate

96.3%

72.7%+23.6pp

76.6%+19.7pp

69.3%+27.0pp

Annual return

6.57%

21.38%-14.8pp

17.74%-11.2pp

20.14%-13.6pp

Employer contribution / active EE

$2,807

$1,680+67.1%

$2,370+18.4%

$2,281+23.1%

Participant deferral / active EE

$1,075

$2,856-62.4%

$3,550-69.7%

$3,203-66.4%

Admin fee / account holder

$160

$4,261-96.3%

$5,586-97.1%

$4,296-96.3%

Provider

Service type

Compensation

KEMP, WILLIAMS, STEV1 year

Filed as: KEMP, WILLIAMS, STEVERSON

Service code 10 · EIN 20-5707632

Accounting

$8,000

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 64 · EIN 04-2647786

Recordkeeping Fees

$5,900

SOUTHERN CAST PRODUCTS, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTHERN CAST PRODUCTS, INC. RETIREMENT 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