Retirement plan

CORCORAN SAWTELLE & ROSPRIM, INC. EMPLOYEE 401(K) PROFIT SHARING PLAN

Name: CORCORAN SAWTELLE & ROSPRIM, INC. - CORCORAN SAWTELLE & ROSPRIM, INC. EMPLOYEE 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: CORCORAN SAWTELLE & ROSPRIM, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CORCORAN SAWTELLE & ROSPRIM, INC. EMPLOYEE 401(K) PROFIT SHARING PLAN, CORCORAN SAWTELLE & ROSPRIM, INC.

CORCORAN SAWTELLE & ROSPRIM, INC.EIN 94-2514280Plan #002PY 2021

542 OTIS AVENUE - CORCORAN, CA 932121823559-992-2117LinkedIn11-50 employeesmachinery

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$3M

+32.8% from 2020

Total participants

0.0% from 2020

Average account balance

$118,697

+32.8% from 2020

Annual return

27.15%

+26.13 pp from 2020

Benchmarks

See 21,784 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,784 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.59M

Not enough data

1 years with asset history on file

Average account balance

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

$93K

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.

112.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$62K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+8.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12909

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 codes2E2F2H2J2R3D

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$37K

$2070 / participant

Other / not subdivided$37K100.0%

% of EOY assets

1.256%

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

$118,697

$124,346-4.5%

$111,306+6.6%

$167,553-29.2%

Participation rate

100.0%

79.6%+20.4pp

77.3%+22.7pp

82.1%+17.9pp

Annual return

27.15%

37.46%-10.3pp

54.67%-27.5pp

478.89%-451.7pp

Employer contribution / active EE

$5,556

$3,438+61.6%

$2,732+103.4%

$4,840+14.8%

Participant deferral / active EE

$1,440

$5,182-72.2%

$4,488-67.9%

$6,343-77.3%

Admin fee / account holder

$1,490

$10,623-86.0%

$7,966-81.3%

$12,316-87.9%

CORCORAN SAWTELLE & ROSPRIM, INC. EMPLOYEE 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CORCORAN SAWTELLE & ROSPRIM, INC. EMPLOYEE 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