Retirement plan

CPPT/JIC 401(K) PLAN

Name: JIC ACQUISITIONS, LLC DBA JIC ENTERPRISES - CPPT/JIC 401(K) PLAN (2022) Form 5500
Creator: JIC ACQUISITIONS, LLC DBA JIC ENTERPRISES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CPPT/JIC 401(K) PLAN, JIC ACQUISITIONS, LLC DBA JIC ENTERPRISES

JIC ACQUISITIONS, LLC DBA JIC ENTERPRISESEIN 81-2059133Plan #001PY 2022

2301 ST JOSEPH INDUSTRIAL PK DRIVE - EVANSVILLE, IN 47720812-426-1350LinkedIn11-50 employeeschemicals

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$1.4M

+4.3% from 2021

Total participants

-9.6% from 2021

Average account balance

$19,349

+23.1% from 2021

Annual return

-16.03%

-30.24 pp from 2021

Benchmarks

See 5,556 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,556 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.61M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

92.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$338K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+27.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1506

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 codes2D2E2G2J3D

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.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$21K

$318 / participant

Other / not subdivided$21K100.0%

% of EOY assets

1.486%

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

$19,349

$73,009-73.5%

$90,760-78.7%

$68,486-71.7%

Participation rate

80.0%

70.8%+9.2pp

75.7%+4.3pp

67.9%+12.1pp

Annual return

-16.03%

-13.81%-2.2pp

-12.16%-3.9pp

-7.85%-8.2pp

Employer contribution / active EE

$1,681

$2,193-23.3%

$2,922-42.5%

$2,597-35.2%

Participant deferral / active EE

$2,818

$3,626-22.3%

$4,565-38.3%

$4,028-30.0%

Admin fee / account holder

$288

$5,896-95.1%

$8,444-96.6%

$5,404-94.7%

CPPT/JIC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CPPT/JIC 401(K) 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