Retirement plan

ARGENBRIGHT NATIONAL SHEET METAL WORKS, INC. 401(K) PROFIT-SHARING PLAN

Name: ARGENBRIGHT NATIONAL SHEET METAL WORKS, INC. - ARGENBRIGHT NATIONAL SHEET METAL WORKS, INC. 401(K) PROFIT-SHARING PLAN (2023) Form 5500
Creator: ARGENBRIGHT NATIONAL SHEET METAL WORKS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARGENBRIGHT NATIONAL SHEET METAL WORKS, INC. 401(K) PROFIT-SHARING PLAN, ARGENBRIGHT NATIONAL SHEET METAL WORKS, INC.

ARGENBRIGHT NATIONAL SHEET METAL WORKS, INC.EIN 75-1241832Plan #001PY 2023

P.O BOX 540845 - DALLAS, TX 75354214-357-9161LinkedIn1-10 employeeselectrical/electronic manufacturing

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$849K

-0.7% from 2022

Total participants

0.0% from 2022

Average account balance

$169,894

-0.7% from 2022

Annual return

2.99%

+0.01 pp from 2022

Benchmarks

See 22,643 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort22,643 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$830K

Not enough data

1 years with asset history on file

Average account balance

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

$208K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+3.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11198

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 codes2J2T

Plan features

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$38K

Other / not subdivided$38K100.0%

% of EOY assets

4.453%

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

$169,894

$110,212+54.2%

$96,534+76.0%

$139,466+21.8%

Participation rate

0.0%

78.1%-78.1pp

76.0%-76.0pp

80.3%-80.3pp

Annual return

2.99%

26.42%-23.4pp

25.88%-22.9pp

373.66%-370.7pp

Employer contribution / active EE

$3,620-100.0%

$2,965-100.0%

$4,754-100.0%

Participant deferral / active EE

$5,547-100.0%

$4,851-100.0%

$6,712-100.0%

Admin fee / account holder

$7,565

$11,599-34.8%

$8,253-8.3%

$11,409-33.7%

ARGENBRIGHT NATIONAL SHEET METAL WORKS, INC. 401(K) PROFIT-SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARGENBRIGHT NATIONAL SHEET METAL WORKS, INC. 401(K) 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