Retirement plan

CHEMICAL SAFETY TECHNOLOGY, INC. 401-K PLAN

Name: CHEMICAL SAFETY TECHNOLOGY, INC. 401-K PLAN - CHEMICAL SAFETY TECHNOLOGY, INC. 401-K PLAN (2021) Form 5500
Creator: CHEMICAL SAFETY TECHNOLOGY, INC. 401-K PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHEMICAL SAFETY TECHNOLOGY, INC. 401-K PLAN, CHEMICAL SAFETY TECHNOLOGY, INC. 401-K PLAN

CHEMICAL SAFETY TECHNOLOGY, INC. 401-K PLANEIN 77-0167611Plan #002PY 2021

2461 AUTUMNVALE DRIVE - SAN JOSE, CA 95131408-263-0984kemsafe.comLinkedIn11-50 employeesconsumer goods

Other plans on this EIN

1 filing

#001Retirement-$906K assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$1.4M

+35.5% from 2020

Total participants

-6.7% from 2020

Average account balance

$179,104

+35.5% from 2020

Annual return

32.60%

+26.07 pp from 2020

Benchmarks

See 8,356 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,356 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$379K

Not enough data

1 years with asset history on file

Average account balance

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

$95K

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.

30.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$400

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

+23.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$236628

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 codes2E2F2G2J3D

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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

$179,104

$127,790+40.2%

$106,555+68.1%

$167,536+6.9%

Participation rate

57.1%

78.3%-21.1pp

76.1%-19.0pp

82.1%-25.0pp

Annual return

32.60%

33.88%-1.3pp

26.80%+5.8pp

478.82%-446.2pp

Employer contribution / active EE

$3,428-100.0%

$2,819-100.0%

$4,839-100.0%

Participant deferral / active EE

$2,188

$5,088-57.0%

$4,399-50.3%

$6,342-65.5%

Admin fee / account holder

$11,229-100.0%

$7,408-100.0%

$12,315-100.0%

CHEMICAL SAFETY TECHNOLOGY, INC. 401-K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

CHEMICAL SAFETY TECHNOLOGY, INC. 401-K PLAN

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