Retirement plan

GIBBS PLASTIC & RUBBER COMPANY 401(K) AND PROFIT SHARING PLAN

Name: GIBBS PLASTIC & RUBBER COMPANY, LLC - GIBBS PLASTIC & RUBBER COMPANY 401(K) AND PROFIT SHARING PLAN (2016) Form 5500
Creator: GIBBS PLASTIC & RUBBER COMPANY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GIBBS PLASTIC & RUBBER COMPANY 401(K) AND PROFIT SHARING PLAN, GIBBS PLASTIC & RUBBER COMPANY, LLC

GIBBS PLASTIC & RUBBER COMPANY, LLCEIN 68-0012370Plan #002PY 2016

3959 TEAL COURT - BENICIA, CA 94510707-746-7300gibbsrubber.comLinkedIn1-10 employeesplastics

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+0.0% from 2015

Total participants

-7.1% from 2015

Average account balance

$156,932

+0.0% from 2015

Annual return

4.92%

+4.47 pp from 2015

Benchmarks

See 8,145 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,145 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.93M

Not enough data

1 years with asset history on file

Average account balance

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

$293K

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.

166.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$60K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+10.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7996

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 codes2E2F2G2J2T3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

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

$159K

$15930 / participant

Other / not subdivided$159K100.0%

% of EOY assets

8.459%

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

$156,932

$99,079+58.4%

$78,002+101.2%

$273,972-42.7%

Participation rate

90.0%

78.6%+11.4pp

75.5%+14.5pp

83.0%+7.0pp

Annual return

4.92%

217.93%-213.0pp

425.99%-421.1pp

41.46%-36.5pp

Employer contribution / active EE

$3,858

$3,308+16.7%

$2,470+56.2%

$4,869-20.8%

Participant deferral / active EE

$2,843

$4,306-34.0%

$3,497-18.7%

$5,287-46.2%

Admin fee / account holder

$13,275

$8,954+48.3%

$5,481+142.2%

$10,133+31.0%

GIBBS PLASTIC & RUBBER COMPANY 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GIBBS PLASTIC & RUBBER COMPANY 401(K) AND 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