Retirement plan

PACIFIC ABRASIVE SUPPLY COMPANY 401(K) PLAN

Name: CAMEL GRINDING WHEELS, INC. D/B/A PACIFIC ABRASIVE SUPPLY COMPANY - PACIFIC ABRASIVE SUPPLY COMPANY 401(K) PLAN (2016) Form 5500
Creator: CAMEL GRINDING WHEELS, INC. D/B/A PACIFIC ABRASIVE SUPPLY COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PACIFIC ABRASIVE SUPPLY COMPANY 401(K) PLAN, CAMEL GRINDING WHEELS, INC. D/B/A PACIFIC ABRASIVE SUPPLY COMPANY

CAMEL GRINDING WHEELS, INC. D/B/A PACIFIC ABRASIVE SUPPLY COMPANYEIN 95-3870467Plan #001PY 2016

7525 N. OAK PARK AVENUE - NILES, IL 60174847-972-2962LinkedIn51-200 employeesconsumer goods

Prospect flagsHigh feesLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$216K

+27.3% from 2015

Total participants

0.0% from 2015

Average account balance

$4,008

+29.7% from 2015

Annual return

12.54%

+16.84 pp from 2015

Benchmarks

See 9,335 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,335 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$640K

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

337.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$94K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+11.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7978

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 codes2E2J2F2G3D3H

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.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$50K

$967 / participant

Other / not subdivided$50K100.0%

% of EOY assets

23.224%

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

$4,008

$69,977-94.3%

$108,582-96.3%

$62,881-93.6%

Participation rate

98.1%

72.9%+25.2pp

79.6%+18.5pp

69.3%+28.8pp

Annual return

12.54%

10.73%+1.8pp

-51.70%+64.2pp

20.14%-7.6pp

Employer contribution / active EE

$797

$2,135-62.6%

$3,758-78.8%

$2,281-65.0%

Participant deferral / active EE

$597

$3,165-81.1%

$4,311-86.1%

$3,203-81.4%

Admin fee / account holder

$931

$5,076-81.7%

$7,645-87.8%

$4,296-78.3%

PACIFIC ABRASIVE SUPPLY COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PACIFIC ABRASIVE SUPPLY COMPANY 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