Retirement plan

ERIE INDUSTRIAL PLASTICS RETIREMENT PLAN

Name: ERIE INDUSTRIAL PLASTICS, INC. - ERIE INDUSTRIAL PLASTICS RETIREMENT PLAN (2020) Form 5500
Creator: ERIE INDUSTRIAL PLASTICS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ERIE INDUSTRIAL PLASTICS RETIREMENT PLAN, ERIE INDUSTRIAL PLASTICS, INC.

ERIE INDUSTRIAL PLASTICS, INC.EIN 82-3761176Plan #001PY 2020

1304 MYRTLE STREET - ERIE, PA 16501814-838-0771erieindustrialplastics.comLinkedIn1-10 employeesplastics

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$255K

+59.3% from 2019

Total participants

+11.1% from 2019

Average account balance

$25,531

+43.4% from 2019

Annual return

15.55%

-10.93 pp from 2019

Benchmarks

See 8,252 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,252 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$804K

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$62K

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

+14.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1030

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 codes2E2J2T3D

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.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$3K

$449 / participant

Other / not subdivided$3K100.0%

% of EOY assets

1.055%

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

$25,531

$118,708-78.5%

$98,920-74.2%

$158,966-83.9%

Participation rate

100.0%

77.8%+22.2pp

76.0%+24.0pp

82.0%+18.0pp

Annual return

15.55%

372.49%-356.9pp

196.47%-180.9pp

302.95%-287.4pp

Employer contribution / active EE

$2,353

$3,334-29.4%

$2,689-12.5%

$4,762-50.6%

Participant deferral / active EE

$9,335

$5,089+83.4%

$4,245+119.9%

$5,983+56.0%

Admin fee / account holder

$269

$10,134-97.3%

$6,643-95.9%

$11,250-97.6%

ERIE INDUSTRIAL PLASTICS RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ERIE INDUSTRIAL PLASTICS 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