Retirement plan

THALER MACHINE COMPANY LLC 401(K) PROFIT SHARING PLAN & TRUST

Name: THALER MACHINE COMPANY LLC - THALER MACHINE COMPANY LLC 401(K) PROFIT SHARING PLAN & TRUST (2024) Form 5500
Creator: THALER MACHINE COMPANY LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THALER MACHINE COMPANY LLC 401(K) PROFIT SHARING PLAN & TRUST, THALER MACHINE COMPANY LLC

THALER MACHINE COMPANY LLCEIN 84-4259995Plan #001PY 2024

PO BOX 430 - SPRINGBORO, OH 450660430937-550-2400thalermachine.comLinkedIn51-200 employees

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$6.9M

+7.7% from 2023

Total participants

146

+9.8% from 2023

Average account balance

$51,935

+1.3% from 2023

Annual return

11.23%

-2.45 pp from 2023

Benchmarks

See 4,101 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,101 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.91M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

133

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.

88.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$885K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+11.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$255

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
EVERHART ADVISORS4+ years Service code 26 · EIN 31-1440043 535 METRO PLACE SOUTH · DUBLIN, OH 43017	Advisory (Participants)	$16,730
PAYCHEX, INC.4+ years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625	Recordkeeping	$10,699
ERISA FIDUCIARY SERVICES, INC.2 years Service code 13 · EIN 47-1637791 1373 VETERANS HIGHWAY · HAUPPAUGE, NY 11788	Contract Administrator	$5,650

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$34K

$311 / participant

Trustee / custodial$8602.5%
Investment mgmt$17K49.3%
Contract admin$16K48.2%

% of EOY assets

0.491%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BRADY WARE & SCHOENFELD INC
Auditor EIN: 351476702
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,935

$79,209-34.4%

$102,434-49.3%

$74,459-30.3%

Participation rate

88.1%

74.8%+13.3pp

76.5%+11.6pp

67.2%+20.9pp

Annual return

11.23%

54.98%-43.7pp

29.46%-18.2pp

1369.70%-1358.5pp

Employer contribution / active EE

$3,908

$2,362+65.4%

$3,023+29.3%

$2,626+48.8%

Participant deferral / active EE

$4,207

$4,417-4.8%

$5,055-16.8%

$4,350-3.3%

Admin fee / account holder

$255

$2,002-87.3%

$9,462-97.3%

$1,945-86.9%

Provider

Service type

Compensation

EVERHART ADVISORS4+ years

Service code 26 · EIN 31-1440043

535 METRO PLACE SOUTH · DUBLIN, OH 43017

Advisory (Participants)

$16,730

PAYCHEX, INC.4+ years

Service code 15 · EIN 16-1124166

911 PANORAMA TRAIL S · ROCHESTER, NY 14625

Recordkeeping

$10,699

ERISA FIDUCIARY SERVICES, INC.2 years

Service code 13 · EIN 47-1637791

1373 VETERANS HIGHWAY · HAUPPAUGE, NY 11788

Contract Administrator

$5,650

THALER MACHINE COMPANY LLC 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THALER MACHINE COMPANY LLC 401(K) PROFIT SHARING PLAN & TRUST

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