Retirement plan

N.R.F. DISTRIBUTORS RETIREMENT SAVINGS PLAN

Name: N.R.F. DISTRIBUTORS, INC. - N.R.F. DISTRIBUTORS RETIREMENT SAVINGS PLAN (2015) Form 5500
Creator: N.R.F. DISTRIBUTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, N.R.F. DISTRIBUTORS RETIREMENT SAVINGS PLAN, N.R.F. DISTRIBUTORS, INC.

N.R.F. DISTRIBUTORS, INC.EIN 01-0319607Plan #002PY 2015

485 OLD BELGRADE ROAD, PO BOX 2467 - AUGUSTA, ME 043382467207-622-4744

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$12M

No prior year

Total participants

329

No prior year

Average account balance

$46,206

No prior year

Annual return

-0.01%

No prior year

Benchmarks

See 599 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort599 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.16M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

365

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.

92.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.57M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+10.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$243

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 3 by compensation

Provider	Service type	Compensation
COMMONWEALTH FINANCIAL NETWORK1+ years Service code 15 29 SAWYER ROAD · WALTHAM, MA 024533483	Recordkeeping	$35,154
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: GREAT-WEST LIFE & ANNUITY INS CO Service code 28 · EIN 84-0467907 8515 EAST ORCHARD GROUP · GREENWOOD VILLAGE, CO 80111	Investment Management	$29,835
DOWNEAST PENSION SERVICES, INC.1+ years Service code 13 · EIN 01-0472857 41 CAMPUS DRIVE, SUITE #302 · NEW GLOUCESTER, ME 04260	Contract Administrator	$16,900

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$31K

$98 / participant

Contract admin$31K100.0%

% of EOY assets

0.254%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BAKER NEWMAN & NOYES, LLC
Auditor EIN: 010494526
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,206

$39,458+17.1%

$60,547-23.7%

$55,191-16.3%

Participation rate

78.0%

59.6%+18.4pp

68.0%+10.0pp

69.2%+8.8pp

Annual return

-0.01%

3.35%-3.4pp

335.64%-335.7pp

10.78%-10.8pp

Employer contribution / active EE

$1,210-100.0%

$2,419-100.0%

$1,899-100.0%

Participant deferral / active EE

$2,437

$2,140+13.8%

$3,328-26.8%

$3,046-20.0%

Admin fee / account holder

$118

$95+23.6%

$4,536-97.4%

$91+29.5%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK1+ years

Service code 15

29 SAWYER ROAD · WALTHAM, MA 024533483

Recordkeeping

$35,154

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: GREAT-WEST LIFE & ANNUITY INS CO

Service code 28 · EIN 84-0467907

8515 EAST ORCHARD GROUP · GREENWOOD VILLAGE, CO 80111

Investment Management

$29,835

DOWNEAST PENSION SERVICES, INC.1+ years

Service code 13 · EIN 01-0472857

41 CAMPUS DRIVE, SUITE #302 · NEW GLOUCESTER, ME 04260

Contract Administrator

$16,900

N.R.F. DISTRIBUTORS RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

N.R.F. DISTRIBUTORS RETIREMENT SAVINGS 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