Retirement plan

CHAMPION DISCS, INC. 401(K) PROFIT SHARING PLAN

Name: CHAMPION DISCS, INCORPORATED - CHAMPION DISCS, INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: CHAMPION DISCS, INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHAMPION DISCS, INC. 401(K) PROFIT SHARING PLAN, CHAMPION DISCS, INCORPORATED

CHAMPION DISCS, INCORPORATEDEIN 95-3894688Plan #001PY 2024

950 SOUTH DUPONT AVENUE - ONTARIO, CA 91761909-481-6266

Other plans on this EIN

1 filing

#002Retirement-$4.5M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$13.4M

+12.0% from 2023

Total participants

150

+21.0% from 2023

Average account balance

$89,371

-17.1% from 2023

Annual return

9.29%

+9.65 pp from 2023

Benchmarks

See 1,849 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,849 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.40M

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.

141

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.

96.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$457K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+8.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$820

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS1 year Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399	Recordkeeping	$62,771
ROCKEFELLER FINANCIAL LLC1 year Filed as: ROCKEFELLER CAPITAL MANAGEMENT INS Service code 27 · EIN 82-4926179	Advisory (Plan)	$40,926
LIDEN, NESTLE, SOLED & ASSOCIATES1 year Service code 15 · EIN 77-0204740	Recordkeeping	$1,550
ASCENSUS LLC1 year Filed as: FUTUREPLAN BY ASCENSUS Service code 15 · EIN 82-3719843	Recordkeeping	$1,200

Plan features & details

Pension benefit codes2A2E2F2G2J2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$105K

$724 / participant

Recordkeeping$105K100.0%

% of EOY assets

0.783%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GYL LLP
Auditor EIN: 330482495
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$89,371

$78,529+13.8%

$105,591-15.4%

$74,400+20.1%

Participation rate

100.0%

72.8%+27.2pp

75.3%+24.7pp

67.2%+32.8pp

Annual return

9.29%

15.94%-6.6pp

116.43%-107.1pp

1367.51%-1358.2pp

Employer contribution / active EE

$3,950

$2,522+56.6%

$3,166+24.8%

$2,624+50.5%

Participant deferral / active EE

$2,645

$4,321-38.8%

$5,008-47.2%

$4,348-39.2%

Admin fee / account holder

$700

$2,216-68.4%

$11,024-93.7%

$1,944-64.0%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Filed as: TRANSAMERICA FINANCIAL LIFE INS CO

Service code 15 · EIN 36-6071399

Recordkeeping

$62,771

ROCKEFELLER FINANCIAL LLC1 year

Filed as: ROCKEFELLER CAPITAL MANAGEMENT INS

Service code 27 · EIN 82-4926179

Advisory (Plan)

$40,926

LIDEN, NESTLE, SOLED & ASSOCIATES1 year

Service code 15 · EIN 77-0204740

Recordkeeping

$1,550

ASCENSUS LLC1 year

Filed as: FUTUREPLAN BY ASCENSUS

Service code 15 · EIN 82-3719843

Recordkeeping

$1,200

CHAMPION DISCS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHAMPION DISCS, INC. 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