Retirement plan

VISTA METALS CORP. UNION 401(K) PLAN

Name: VISTA METALS CORP - VISTA METALS CORP. UNION 401(K) PLAN (2022) Form 5500
Creator: VISTA METALS CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VISTA METALS CORP. UNION 401(K) PLAN, VISTA METALS CORP

VISTA METALS CORPEIN 95-2139701Plan #005PY 2022

1815 S. SOTO STREET - LOS ANGELES, CA 90023213-265-4040vistametals.comLinkedIn201-500 employeesmining & metals

Other plans on this EIN

1 filing

#001Retirement-$14.2M assets

Prospect flagsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$4.3M

+0.4% from 2021

Total participants

248

+27.2% from 2021

Average account balance

$17,538

-22.7% from 2021

Annual return

-5.77%

-12.09 pp from 2021

Benchmarks

See 4,068 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,068 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.99M

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

224

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$434K

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

+6.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$71

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 1 by compensation

Provider	Service type	Compensation
EEC ADMINISTRATION1 year Service code 15 · EIN 46-0857434 14841 YORBA STREET #201 · TUSTIN, CA 92780	Recordkeeping	$5,806

Plan features & details

Pension benefit codes3H2F2G2J3D2T

Plan features

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.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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

$8K

$46 / participant

Contract admin$3K37.8%
Other / not subdivided$5K62.2%

% of EOY assets

0.186%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LEE CPA AUDIT GROUP
Auditor EIN: 814637885
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,538

$65,437-73.2%

$86,698-79.8%

$66,949-73.8%

Participation rate

100.0%

75.5%+24.5pp

76.6%+23.4pp

69.8%+30.2pp

Annual return

-5.77%

-10.91%+5.1pp

35.96%-41.7pp

1.57%-7.3pp

Employer contribution / active EE

$835

$2,154-61.2%

$2,837-70.6%

$2,545-67.2%

Participant deferral / active EE

$2,334

$4,102-43.1%

$4,656-49.9%

$4,239-44.9%

Admin fee / account holder

$33

$642-94.9%

$7,492-99.6%

$594-94.5%

Provider

Service type

Compensation

EEC ADMINISTRATION1 year

Service code 15 · EIN 46-0857434

14841 YORBA STREET #201 · TUSTIN, CA 92780

Recordkeeping

$5,806

VISTA METALS CORP. UNION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VISTA METALS CORP. UNION 401(K) 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