Retirement plan

DAMERON ALLOY FOUNDRIES CORPORATION 401(K) PLAN

Name: DAMERON ALLOY FOUNDRIES CORPORATION - DAMERON ALLOY FOUNDRIES CORPORATION 401(K) PLAN (2016) Form 5500
Creator: DAMERON ALLOY FOUNDRIES CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAMERON ALLOY FOUNDRIES CORPORATION 401(K) PLAN, DAMERON ALLOY FOUNDRIES CORPORATION

DAMERON ALLOY FOUNDRIES CORPORATIONEIN 95-2254773Plan #002PY 2016

927 S. SANTA FE AVENUE - COMPTON, CA 902214332310-631-5165dameron.netLinkedIn51-200 employeesmining & metals

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$7.1M

No prior year

Total participants

127

No prior year

Average account balance

$67,566

No prior year

Annual return

7.14%

No prior year

Benchmarks

See 15,087 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort15,087 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.01M

Not enough data

1 years with asset history on file

Average account balance

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

$114K

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.

78.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$166K

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

-0.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3092

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

Top 6 by compensation

Provider	Service type	Compensation
LPL FINANCIAL1+ years Filed as: LPL FINANCIAL CORPORATION Service code 53 · EIN 95-2834236 4707 EXECUTIVE DRIVE · SAN DIEGO, CA 92121	Insurance Commissions	$33,682
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Filed as: MASSASHUSETTS MUTUAL LIFE INS. CO. Service code 52 · EIN 04-1590850 1300 S. CLINTON STREET · SPRINGFIELD, MA 01111	Indirect Investment Fees	$23,097
CHARLES SCHWAB & CO., INC.1+ years Service code 33	Securities brokerage	$315
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB & CO, INC Service code 59 · EIN 94-1737782 211 MAIN STREET · SAN FRANCISCO, CA 94105	Shareholder Servicing	$150
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB & CO, INC. Service code 33 · EIN 94-1737782 211 MAIN STREET · SAN FRANCISCO, CA 94105	Securities brokerage	$0
PRB ADMINISTRATORS, INC.2+ years Service code 13 · EIN 38-2799783 1990 S. BUNDY DRIVE, SUITE 410 · LOS ANGELES, CA 90025	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$23K

$238 / participant

Other / not subdivided$23K100.0%

% of EOY assets

0.326%

all-in expense ratio

Categories reported

0 / 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: WERTZ & COMPANY
Auditor EIN: 020639624
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$67,566

$60,349+12.0%

$74,184-8.9%

$62,881+7.5%

Participation rate

77.3%

72.7%+4.6pp

76.6%+0.7pp

69.3%+8.0pp

Annual return

7.14%

21.38%-14.2pp

17.74%-10.6pp

20.14%-13.0pp

Employer contribution / active EE

$1,680-100.0%

$2,370-100.0%

$2,281-100.0%

Participant deferral / active EE

$2,492

$2,856-12.8%

$3,550-29.8%

$3,203-22.2%

Admin fee / account holder

$220

$4,261-94.8%

$5,586-96.1%

$4,296-94.9%

Provider

Service type

Compensation

LPL FINANCIAL1+ years

Filed as: LPL FINANCIAL CORPORATION

Service code 53 · EIN 95-2834236

4707 EXECUTIVE DRIVE · SAN DIEGO, CA 92121

Insurance Commissions

$33,682

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Filed as: MASSASHUSETTS MUTUAL LIFE INS. CO.

Service code 52 · EIN 04-1590850

1300 S. CLINTON STREET · SPRINGFIELD, MA 01111

Indirect Investment Fees

$23,097

CHARLES SCHWAB & CO., INC.1+ years

Service code 33

Securities brokerage

$315

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB & CO, INC

Service code 59 · EIN 94-1737782

211 MAIN STREET · SAN FRANCISCO, CA 94105

Shareholder Servicing

$150

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB & CO, INC.

Service code 33 · EIN 94-1737782

211 MAIN STREET · SAN FRANCISCO, CA 94105

Securities brokerage

PRB ADMINISTRATORS, INC.2+ years

Service code 13 · EIN 38-2799783

1990 S. BUNDY DRIVE, SUITE 410 · LOS ANGELES, CA 90025

Contract Administrator

DAMERON ALLOY FOUNDRIES CORPORATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAMERON ALLOY FOUNDRIES CORPORATION 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