Retirement plan

ADVANCED MATERIALS JOINING CORP. 401(K) PROFIT SHARING PLAN

Name: ADVANCED MATERIALS JOINING CORP. - ADVANCED MATERIALS JOINING CORP. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: ADVANCED MATERIALS JOINING CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADVANCED MATERIALS JOINING CORP. 401(K) PROFIT SHARING PLAN, ADVANCED MATERIALS JOINING CORP.

ADVANCED MATERIALS JOINING CORP.EIN 95-2831837Plan #002PY 2023

2858 E. WALNUT ST - PASADENA, CA 91107626-449-2696LinkedIn1-10 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.3M

+22.0% from 2022

Total participants

+10.1% from 2022

Average account balance

$87,674

+13.6% from 2022

Annual return

15.27%

+30.37 pp from 2022

Benchmarks

See 14,456 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,456 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.43M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

130.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$400K

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

+12.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1787

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

1 tripped

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

$75K

$1443 / participant

Other / not subdivided$75K100.0%

% of EOY assets

1.189%

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

$87,674

$80,992+8.2%

$96,534-9.2%

$75,173+16.6%

Participation rate

92.3%

71.8%+20.5pp

76.0%+16.3pp

67.2%+25.1pp

Annual return

15.27%

27.05%-11.8pp

25.88%-10.6pp

160.72%-145.5pp

Employer contribution / active EE

$990

$2,283-56.6%

$2,965-66.6%

$2,671-62.9%

Participant deferral / active EE

$6,496

$3,929+65.3%

$4,851+33.9%

$4,126+57.4%

Admin fee / account holder

$1,042

$6,717-84.5%

$8,253-87.4%

$5,651-81.6%

ADVANCED MATERIALS JOINING CORP. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADVANCED MATERIALS JOINING CORP. 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