Retirement plan

SHAVER SPECIALTY COMPANY, INC. 401-K PROFIT SHARING PLAN

Name: SHAVER SPECIALTY COMPANY, INC. - SHAVER SPECIALTY COMPANY, INC. 401-K PROFIT SHARING PLAN (2015) Form 5500
Creator: SHAVER SPECIALTY COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHAVER SPECIALTY COMPANY, INC. 401-K PROFIT SHARING PLAN, SHAVER SPECIALTY COMPANY, INC.

SHAVER SPECIALTY COMPANY, INC.EIN 95-2465927Plan #002PY 2015

20608 EARL STREET - TORRANCE, CA 90503310-370-6941shaverkeenkutter.comLinkedIn1-10 employeesairlines/aviation

Prospect flagsLow participationLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$309K

No prior year

Total participants

No prior year

Average account balance

$44,192

No prior year

Annual return

0.73%

No prior year

Benchmarks

See 18,068 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort18,068 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$425K

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

46.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$31K

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

+3.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$700

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 codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

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

$44,192

$78,694-43.8%

$67,652-34.7%

$125,389-64.8%

Participation rate

20.0%

78.8%-58.8pp

75.7%-55.7pp

83.2%-63.2pp

Annual return

0.73%

9.46%-8.7pp

6625.40%-6624.7pp

282.24%-281.5pp

Employer contribution / active EE

$3,044-100.0%

$2,266-100.0%

$4,866-100.0%

Participant deferral / active EE

$657

$4,292-84.7%

$3,560-81.5%

$5,352-87.7%

Admin fee / account holder

$7,403-100.0%

$4,821-100.0%

$9,541-100.0%

SHAVER SPECIALTY COMPANY, INC. 401-K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SHAVER SPECIALTY COMPANY, INC. 401-K PROFIT SHARING 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