Department of Labor filing

THE CHAMPION COMPANY AND ADDITIONAL SUBSCRIBERS

SPRINGFIELD INDUSTRIAL SERVICES 401(K) RETIREMENT PLAN · For the plan year ended Dec 31, 2023

Public filing 2023 · received Oct 14, 2024Verified current terms Not available

Plan at a glance

How good does the filing look?

22filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$540

Reported employer contributions per active participant.

Higher than about 8% of comparable plans

#People in the filing

Active participants reported for 2023.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$151 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 55% of comparable plans

↗Investment performance

Not available

Plan assets changed 11.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202322out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions8th percentileTypical peer $2,067 · based on 106 comparable plans

Lower reported administrative expense55th percentileTypical peer $158 · based on 111 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2023, THE CHAMPION COMPANY AND ADDITIONAL SUBSCRIBERS reported $46,972 in employer contributions across the plan and 87 active participants. That works out to $540 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy73%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 12.7%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 24.8%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context22/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $46,972
Participant contributions: $219,786
Other contributions: $113
Employer share of reported contributions: 17.6%
Beginning assets: $5,329,681
Ending assets: $5,961,177
Ending net assets: $5,961,177
Ending liabilities: $0
Total income: $1,153,427
Total expenses: $521,931
Administrative expenses: $23,864
Participant loans: Not reported

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$479

2023

$540

Plan-paid administrative expenses per participant

2022

$201

2023

$151

Active participants

2022

2023

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2023	$540	87	6M	20241014153337NAL0015219411001
2022	$479	88	5.3M	20231013174335NAL0022527123001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: Not stated in the filing
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 311253370-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1990
Industry: Industry group 339
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K3D3H

Current plan terms

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Filing ACK_ID20241014153337NAL0015219411001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗