Retirement plan

ACME CABINET COMPANY LLC 401(K) PROFIT SHARING PLAN

Name: ACME CABINET COMPANY LLC - ACME CABINET COMPANY LLC 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: ACME CABINET COMPANY LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACME CABINET COMPANY LLC 401(K) PROFIT SHARING PLAN, ACME CABINET COMPANY LLC

ACME CABINET COMPANY LLCEIN 82-3728046Plan #002PY 2022

1848 CLINTON ST - BUFFALO, NY 14206716-427-3276acmebuffalo.comLinkedIn1-10 employeesdesign

Other plans on this EIN

1 filing

#001Retirement-$11K assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$143K

No prior year

Total participants

No prior year

Average account balance

$23,850

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 22,362 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort22,362 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$324K

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$55K

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

+15.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$326

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 codes2E2G2J2R3D

Plan features

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Expense breakdown

Schedule H Part II

Admin total

$300

$30 / participant

Other / not subdivided$300100.0%

% of EOY assets

0.210%

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

$23,850

$100,811-76.3%

$86,698-72.5%

$134,545-82.3%

Participation rate

60.0%

79.0%-19.0pp

76.6%-16.6pp

81.2%-21.2pp

Annual return

0.00%

29.11%-29.1pp

35.96%-36.0pp

418.37%-418.4pp

Employer contribution / active EE

$2,689

$3,490-23.0%

$2,837-5.2%

$4,742-43.3%

Participant deferral / active EE

$4,366

$5,339-18.2%

$4,656-6.2%

$6,401-31.8%

Admin fee / account holder

$50

$10,926-99.5%

$7,492-99.3%

$11,431-99.6%

ACME CABINET COMPANY LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACME CABINET COMPANY LLC 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