Retirement plan

CENTRAL CHAIN & TRANSMISSION CO INC RETIREMENT SAVINGS PLAN

Name: CENTRAL CHAIN & TRANSMISSION CO. INC. - CENTRAL CHAIN & TRANSMISSION CO INC RETIREMENT SAVINGS PLAN (2022) Form 5500
Creator: CENTRAL CHAIN & TRANSMISSION CO. INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRAL CHAIN & TRANSMISSION CO INC RETIREMENT SAVINGS PLAN, CENTRAL CHAIN & TRANSMISSION CO. INC.

CENTRAL CHAIN & TRANSMISSION CO. INC.EIN 91-0531640Plan #002PY 2022

P. O. BOX 1444 - YAKIMA, WA 989071444509-457-6188centralchain.comLinkedIn11-50 employeesconsumer goods

Prospect flagsHigh assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$4.8M

-10.3% from 2021

Total participants

+28.6% from 2021

Average account balance

$266,740

-30.2% from 2021

Annual return

-13.31%

-23.49 pp from 2021

Benchmarks

See 23,476 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,476 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.62M

Not enough data

1 years with asset history on file

Average account balance

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

$414K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$89K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 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

2 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$266,740

$142,358+87.4%

$119,615+123.0%

$134,493+98.3%

Participation rate

100.0%

82.8%+17.2pp

79.3%+20.7pp

81.2%+18.8pp

Annual return

-13.31%

-12.46%-0.8pp

-14.98%+1.7pp

418.01%-431.3pp

Employer contribution / active EE

$5,708

$5,223+9.3%

$4,232+34.9%

$4,740+20.4%

Participant deferral / active EE

$6,728

$6,470+4.0%

$5,602+20.1%

$6,400+5.1%

Admin fee / account holder

$13,585-100.0%

$10,324-100.0%

$11,425-100.0%

CENTRAL CHAIN & TRANSMISSION CO INC RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

CENTRAL CHAIN & TRANSMISSION CO INC RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion