Retirement plan

CATALINA CARPET MILLS, INC.,401 (K) SALARY REDUCTION PLAN AND TRUST

Name: CATALINA CARPET MILLS, INC. - CATALINA CARPET MILLS, INC.,401 (K) SALARY REDUCTION PLAN AND TRUST (2023) Form 5500
Creator: CATALINA CARPET MILLS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CATALINA CARPET MILLS, INC.,401 (K) SALARY REDUCTION PLAN AND TRUST, CATALINA CARPET MILLS, INC.

CATALINA CARPET MILLS, INC.EIN 95-2959793Plan #002PY 2023

14418 BEST AVENUE - SANTA FE SPRINGS, CA 90670562-926-5811LinkedIn11-50 employeestextiles

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$1.8M

+84.8% from 2022

Total participants

+14.1% from 2022

Average account balance

$65,259

+57.4% from 2022

Annual return

78.79%

+76.39 pp from 2022

Benchmarks

See 2,613 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,613 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.97M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

35.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$44K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$566

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

+9.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$375

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 codes2E2F2G2J2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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 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.

Expense breakdown

Schedule H Part II

Admin total

$6K

$82 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.330%

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

$65,259

$58,099+12.3%

$76,902-15.1%

$75,177-13.2%

Participation rate

23.9%

63.9%-39.9pp

69.6%-45.7pp

67.2%-43.3pp

Annual return

78.79%

26.71%+52.1pp

37.91%+40.9pp

160.75%-82.0pp

Employer contribution / active EE

$1,996-100.0%

$2,534-100.0%

$2,671-100.0%

Participant deferral / active EE

$848

$2,999-71.7%

$3,833-77.9%

$4,126-79.5%

Admin fee / account holder

$215

$4,778-95.5%

$5,479-96.1%

$5,651-96.2%

CATALINA CARPET MILLS, INC.,401 (K) SALARY REDUCTION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CATALINA CARPET MILLS, INC.,401 (K) SALARY REDUCTION PLAN AND 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