Retirement plan

C.A. CHRISTENSEN CORP. 401(K) PLAN

Name: C.A. CHRISTENSEN CORP. DBA KLOPPENBORG FOUNDRY & FAN COMPANY - C.A. CHRISTENSEN CORP. 401(K) PLAN (2023) Form 5500
Creator: C.A. CHRISTENSEN CORP. DBA KLOPPENBORG FOUNDRY & FAN COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, C.A. CHRISTENSEN CORP. 401(K) PLAN, C.A. CHRISTENSEN CORP. DBA KLOPPENBORG FOUNDRY & FAN COMPANY

C.A. CHRISTENSEN CORP. DBA KLOPPENBORG FOUNDRY & FAN COMPANYEIN 83-1757443Plan #001PY 2023

3742 W. RIVER DR. - DAVENPORT, IA 52802563-332-0262

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$72K

+96.3% from 2022

Total participants

-12.5% from 2022

Average account balance

$10,347

+124.4% from 2022

Annual return

26.95%

+61.87 pp from 2022

Benchmarks

See 22,632 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort22,632 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$121K

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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

$24K

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

+34.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$777

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 codes2E2J2F2G3D

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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$2K

$402 / participant

Other / not subdivided$2K100.0%

% of EOY assets

2.772%

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

$10,347

$110,240-90.6%

$96,544-89.3%

$139,487-92.6%

Participation rate

100.0%

78.1%+21.9pp

76.0%+24.0pp

80.3%+19.7pp

Annual return

26.95%

26.41%+0.5pp

25.88%+1.1pp

373.84%-346.9pp

Employer contribution / active EE

$1,373

$3,622-62.1%

$2,966-53.7%

$4,755-71.1%

Participant deferral / active EE

$3,869

$5,549-30.3%

$4,851-20.3%

$6,713-42.4%

Admin fee / account holder

$287

$11,602-97.5%

$8,254-96.5%

$11,407-97.5%

C.A. CHRISTENSEN CORP. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

C.A. CHRISTENSEN CORP. 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