Retirement plan

CAMPBELL SCIENTIFIC, INC. 401(K) PROFIT SHARING PLAN

Name: CAMPBELL SCIENTIFIC, INC. - CAMPBELL SCIENTIFIC, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: CAMPBELL SCIENTIFIC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAMPBELL SCIENTIFIC, INC. 401(K) PROFIT SHARING PLAN, CAMPBELL SCIENTIFIC, INC.

CAMPBELL SCIENTIFIC, INC.EIN 87-0305157Plan #002PY 2020

815 WEST 1800 NORTH - LOGAN, UT 84321435-227-9717campbellsci.comLinkedIn201-500 employeeselectrical/electronic manufacturing

Other plans on this EIN

1 filing

#001Retirement-$97.1M assets

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$31.5M

+16.0% from 2019

Total participants

560

+0.9% from 2019

Average account balance

$84,569

+18.8% from 2019

Annual return

21.56%

-3.04 pp from 2019

Benchmarks

See 2,346 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,346 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$38.70M

Not enough data

1 years with asset history on file

Average account balance

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

$78K

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.

495

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.

59.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.45M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+17.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$167

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 4 by compensation

Provider	Service type	Compensation
DA DAVIDSON & CO2 years Filed as: D.A. DAVIDSON & CO. Service code 17 110 SOUTH REGENT ST · SALT LAKE CITY, UT 84111	Pension Consulting	$66,384
JONES SIMKINS LLC1 year Service code 10 · EIN 46-1592906	Accounting	$10,951
NEWPORT GROUP, INC.6+ years Filed as: MATRIX FINANCIAL SOLUTIONS, INC. Service code 18 · EIN 20-1591048	Trustee (bank, trust company, or simi...	$9,781
DIGITAL RETIREMENT SOLUTIONS, INC.6+ years Service code 12 · EIN 84-1477138	Direct payment from the plan; Partici...	$4,510

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$92K

$182 / participant

Investment mgmt$66K72.5%
Contract admin$5K4.9%
Other / not subdivided$21K22.6%

% of EOY assets

0.291%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: JONES SIMKINS LLC
Auditor EIN: 461592906
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$84,569

$79,519+6.4%

$95,960-11.9%

$73,412+15.2%

Participation rate

62.7%

81.2%-18.5pp

77.1%-14.4pp

72.2%-9.5pp

Annual return

21.56%

19.20%+2.4pp

91.63%-70.1pp

59.30%-37.7pp

Employer contribution / active EE

$2,048-100.0%

$2,541-100.0%

$2,234-100.0%

Participant deferral / active EE

$2,478

$4,138-40.1%

$4,167-40.5%

$3,806-34.9%

Admin fee / account holder

$246

$184+33.6%

$6,797-96.4%

$158+56.0%

Provider

Service type

Compensation

DA DAVIDSON & CO2 years

Filed as: D.A. DAVIDSON & CO.

Service code 17

110 SOUTH REGENT ST · SALT LAKE CITY, UT 84111

Pension Consulting

$66,384

JONES SIMKINS LLC1 year

Service code 10 · EIN 46-1592906

Accounting

$10,951

NEWPORT GROUP, INC.6+ years

Filed as: MATRIX FINANCIAL SOLUTIONS, INC.

Service code 18 · EIN 20-1591048

Trustee (bank, trust company, or simi...

$9,781

DIGITAL RETIREMENT SOLUTIONS, INC.6+ years

Service code 12 · EIN 84-1477138

Direct payment from the plan; Partici...

$4,510

CAMPBELL SCIENTIFIC, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAMPBELL SCIENTIFIC, INC. 401(K) PROFIT SHARING 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