Retirement plan

GREAT CIRCLE MACHINERY RETIREMENT PLAN

Name: GREAT CIRCLE MACHINERY CORP. - GREAT CIRCLE MACHINERY RETIREMENT PLAN (2024) Form 5500
Creator: GREAT CIRCLE MACHINERY CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREAT CIRCLE MACHINERY RETIREMENT PLAN, GREAT CIRCLE MACHINERY CORP.

GREAT CIRCLE MACHINERY CORP.EIN 81-2065591Plan #001PY 2024

2959 S STEFANO CT - ONTARIO, CA 91761866-493-0524gcmap.comLinkedIn1-10 employeesairlines/aviation

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$287K

+68.3% from 2023

Total participants

+30.8% from 2023

Average account balance

$20,489

+32.2% from 2023

Annual return

18.25%

-19.20 pp from 2023

Benchmarks

See 49,870 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort49,870 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$287K

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

140.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$85K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+18.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$394

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

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

$6K

$551 / participant

Other / not subdivided$6K100.0%

% of EOY assets

1.921%

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

$20,489

$88,815-76.9%

$81,882-75.0%

$145,897-86.0%

Participation rate

70.0%

75.1%-5.1pp

72.4%-2.4pp

80.3%-10.3pp

Annual return

18.25%

1033.75%-1015.5pp

779.47%-761.2pp

552.29%-534.0pp

Employer contribution / active EE

$3,343

$3,086+8.3%

$2,916+14.7%

$4,663-28.3%

Participant deferral / active EE

$5,188

$4,647+11.6%

$4,323+20.0%

$6,689-22.4%

Admin fee / account holder

$394

$8,434-95.3%

$7,360-94.7%

$13,390-97.1%

GREAT CIRCLE MACHINERY RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREAT CIRCLE MACHINERY RETIREMENT 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