Retirement plan

MATZ RUBBER CO. INC. 401(K) PROFIT SHARING PLAN & TRUST

Name: MATZ RUBBER CO INC - MATZ RUBBER CO. INC. 401(K) PROFIT SHARING PLAN & TRUST (2022) Form 5500
Creator: MATZ RUBBER CO INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MATZ RUBBER CO. INC. 401(K) PROFIT SHARING PLAN & TRUST, MATZ RUBBER CO INC

MATZ RUBBER CO INCEIN 95-2877694Plan #001PY 2022

1209 W. CHESTNUT ST. - BURBANK, CA 91506818-840-8042matzrubber.comLinkedIn1-10 employeeselectrical/electronic manufacturing

Prospect flagsLow employer contributionLow fidelity bond

How to read this page

Total assets (EOY)

$320K

-2.4% from 2021

Total participants

0.0% from 2021

Average account balance

$45,726

-16.4% from 2021

Annual return

-13.91%

-25.11 pp from 2021

Benchmarks

See 8,667 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,667 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$182K

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

45.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$27K

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

+8.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$22180

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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$120

$12 / participant

Other / not subdivided$120100.0%

% of EOY assets

0.037%

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

$45,726

$105,867-56.8%

$90,760-49.6%

$134,532-66.0%

Participation rate

70.0%

78.3%-8.3pp

75.7%-5.7pp

81.2%-11.2pp

Annual return

-13.91%

-10.99%-2.9pp

-12.16%-1.8pp

418.27%-432.2pp

Employer contribution / active EE

$3,464-100.0%

$2,922-100.0%

$4,741-100.0%

Participant deferral / active EE

$3,770

$5,217-27.7%

$4,565-17.4%

$6,401-41.1%

Admin fee / account holder

$17

$13,936-99.9%

$8,444-99.8%

$11,429-99.8%

MATZ RUBBER CO. INC. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MATZ RUBBER CO. INC. 401(K) PROFIT SHARING PLAN & TRUST

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