Profile
Spears Manufacturing 401(K) Plan in Sylmar, CA is in California, its EIN is 952647135, its industry group is Plastics Product Manufacturing, its plan administrator is Darlene Fourriel, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, has total assets of $50M to $100M, its business code is 326100, has 1,000 to 4,999 total participants, is worse than the overall plan medians in each of total income, net income, participant loans as a percentage of plan assets, and corrective distributions (4 total), and is worse than the overall participant averages in each of average account balance, active-participant contributions per head, and employer contributions per active participant.
Numeric values:
- total assets at beginning of plan year ($66,719,009)
- net assets (assets minus liabilities) ($55.80M)
- total assets ($55,788,445)
- value of interest in registered investment companies (e.g., mutual funds) ($47.50M)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($5,995,396)
- total expenses ($4,535,846)
- total contributions ($3,748,572)
- cash contributions from participants ($2,541,962)
- participant loans ($2,265,857)
- cash contributions from employers ($1,206,246)
- corrective distributions ($77,581)
- total administrative expenses ($35,798)
- average account balance ($29,148)
- other administrative expenses ($19,456)
- investment advisory and management fees ($16,342)
- average participant cash contribution per active participant ($1,407)
- average employer cash contribution per active participant ($667.50)
- total administrative expense per participant ($18.70)
- total noninterest-bearing cash ($0)
- receivables - employer contributions ($0)
- receivables - participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in common/collective trusts ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- professional fees ($0)
- contract administrator fees ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- net income per total participant (-$5,711)
- total income (-$6,394,718)
- earnings on investments (-$10,143,290)
- net earnings on investments (-$10,159,632)
- net income (-$10,930,564)
- percentage of active participants (94.4%)
- diversity of asset types (15.9%)
- total cash as a percentage of plan assets (10.75%)
- participant loans as a percentage of plan assets (4.06%)
- total administrative expense ratio (0.064%)
- employer securities as a percentage of plan assets (0.00%)
- yield on beginning-of-plan-year total assets (-15.23%)
- active participants (1,807)
- deceased participants whose beneficiaries receive or are entitled to benefits (3)
- living participants (1,911)
- other retired or separated participants entitled to future benefits (100)
- retired or separated participants receiving benefits (4)
- total participants (1,914)