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 (2022) 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 2022

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.5M

-15.8% from 2021

Total participants

137

-6.2% from 2021

Average account balance

$43,167

-13.8% from 2021

Annual return

-12.26%

-28.99 pp from 2021

Benchmarks

See 4,067 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,067 peers

Snapshot2022

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 2 by compensation

Provider	Service type	Compensation
EVERHART ADVISORS2+ years Service code 15 535 METRO PLACE SOUTH · DUBLIN, OH 43017	Recordkeeping	$12,525
PAYCHEX, INC.2+ years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625	Recordkeeping	$6,913

Plan features & details

Pension benefit codes2E2F3D2T2G2J

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$23K

$208 / participant

Investment mgmt$14K59.3%
Contract admin$9K40.7%

% of EOY assets

0.421%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BRIXEY & MEYER, INC.
Auditor EIN: 300132514
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,167

$65,453-34.0%

$86,698-50.2%

$66,938-35.5%

Participation rate

91.0%

75.5%+15.5pp

76.6%+14.4pp

69.8%+21.2pp

Annual return

-12.26%

-10.89%-1.4pp

35.95%-48.2pp

1.58%-13.8pp

Employer contribution / active EE

$2,712

$2,154+25.9%

$2,837-4.4%

$2,545+6.5%

Participant deferral / active EE

$3,949

$4,102-3.7%

$4,656-15.2%

$4,238-6.8%

Admin fee / account holder

$182

$642-71.7%

$7,493-97.6%

$594-69.4%

Provider

Service type

Compensation

EVERHART ADVISORS2+ years

Service code 15

535 METRO PLACE SOUTH · DUBLIN, OH 43017

Recordkeeping

$12,525

PAYCHEX, INC.2+ years

Service code 15 · EIN 16-1124166

911 PANORAMA TRAIL S · ROCHESTER, NY 14625

Recordkeeping

$6,913

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