Retirement plan

ARMSTRONG ENGINEERING ASSOCIATES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: ARMSTRONG CHEMTEC GROUP, INC. - ARMSTRONG ENGINEERING ASSOCIATES, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2024) Form 5500
Creator: ARMSTRONG CHEMTEC GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARMSTRONG ENGINEERING ASSOCIATES, INC. EMPLOYEE STOCK OWNERSHIP PLAN, ARMSTRONG CHEMTEC GROUP, INC.

ARMSTRONG CHEMTEC GROUP, INC.EIN 83-3164858Plan #003PY 2024

1845 W. STRASBURG ROAD - COATESVILLE, PA 19320610-436-6080armstrong-chemtec.comLinkedIn51-200 employeesoil & energy

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.4M

+41.6% from 2023

Total participants

+4.2% from 2023

Average account balance

$88,458

+41.6% from 2023

Annual return

41.56%

+19.51 pp from 2023

Benchmarks

See 14,172 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,172 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.37M

Not enough data

1 years with asset history on file

Average account balance

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

$88K

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.

93.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$406K

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

+41.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5645

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 codes2E2I3I2P2Q

Plan features

2E
Profit-sharing
Profit-sharing plan.
2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

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

$406K

$9452 / participant

Other / not subdivided$406K100.0%

% of EOY assets

6.382%

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

$88,458

$86,919+1.8%

$102,457-13.7%

$80,911+9.3%

Participation rate

93.0%

72.4%+20.6pp

76.5%+16.5pp

67.6%+25.4pp

Annual return

41.56%

18.90%+22.7pp

29.41%+12.2pp

35.63%+5.9pp

Employer contribution / active EE

$9,452

$2,368+299.1%

$3,022+212.8%

$2,756+243.0%

Participant deferral / active EE

$4,119-100.0%

$5,054-100.0%

$4,297-100.0%

Admin fee / account holder

$5,645

$8,049-29.9%

$9,451-40.3%

$6,935-18.6%

ARMSTRONG ENGINEERING ASSOCIATES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARMSTRONG ENGINEERING ASSOCIATES, INC. EMPLOYEE STOCK OWNERSHIP 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