Retirement plan

NORTH BAY STEEL MILL SUPPLY & RECYCLING, INC. 401(K) PSP

Name: NORTH BAY STEEL MILL SUPPLY & RECYCLING, INC. - NORTH BAY STEEL MILL SUPPLY & RECYCLING, INC. 401(K) PSP (2015) Form 5500
Creator: NORTH BAY STEEL MILL SUPPLY & RECYCLING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTH BAY STEEL MILL SUPPLY & RECYCLING, INC. 401(K) PSP, NORTH BAY STEEL MILL SUPPLY & RECYCLING, INC.

NORTH BAY STEEL MILL SUPPLY & RECYCLING, INC.EIN 72-1590268Plan #001PY 2015

101 W. AMERICAN CANYON ROAD, #508-348 - AMERICAN CANYON, CA 94503415-531-1001steelmillrecycling.comLinkedIn1-10 employees

Other plans on this EIN

1 filing

#002Retirement-$153K assets

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$73K

No prior year

Total participants

No prior year

Average account balance

$10,428

No prior year

Annual return

-18.96%

No prior year

Benchmarks

See 18,068 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort18,068 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.01M

Not enough data

1 years with asset history on file

Average account balance

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

$127K

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.

80.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$58K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+222.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2D2E2F2G2J3D

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

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

$10,428

$78,694-86.7%

$67,653-84.6%

$125,388-91.7%

Participation rate

83.3%

78.8%+4.5pp

75.7%+7.7pp

83.2%+0.1pp

Annual return

-18.96%

9.46%-28.4pp

6625.22%-6644.2pp

282.24%-301.2pp

Employer contribution / active EE

$3,044-100.0%

$2,266-100.0%

$4,866-100.0%

Participant deferral / active EE

$1,461

$4,292-66.0%

$3,560-59.0%

$5,352-72.7%

Admin fee / account holder

$7,403-100.0%

$4,821-100.0%

$9,541-100.0%

NORTH BAY STEEL MILL SUPPLY & RECYCLING, INC. 401(K) PSP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

NORTH BAY STEEL MILL SUPPLY & RECYCLING, INC. 401(K) PSP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion