Retirement plan

N.R.F. DISTRIBUTORS RETIREMENT SAVINGS PLAN

Name: N.R.F. DISTRIBUTORS, INC. - N.R.F. DISTRIBUTORS RETIREMENT SAVINGS PLAN (2016) 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 2016

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$12.8M

+6.7% from 2015

Total participants

351

+6.7% from 2015

Average account balance

$44,209

-4.3% from 2015

Annual return

6.95%

+6.96 pp from 2015

Benchmarks

See 634 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort634 peers

Snapshot2016

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: GREAT-WEST LIFE & ANNUITY INS CO Service code 64 · EIN 84-0467907 8515 EAST ORCHARD GROUP · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$41,110
COMMONWEALTH FINANCIAL NETWORK2+ years Service code 27 29 SAWYER ROAD · WALTHAM, MA 024533483	Advisory (Plan)	$29,568
DOWNEAST PENSION SERVICES, INC.2+ years Service code 13 · EIN 01-0472857 41 CAMPUS DRIVE, SUITE #302 · NEW GLOUCESTER, ME 04260	Contract Administrator	$13,617
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENDWOOD VILLAGE, CO 80111	Investment Management	$848

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$43K

$128 / participant

Contract admin$43K100.0%

% of EOY assets

0.334%

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

$44,209

$39,819+11.0%

$67,834-34.8%

$57,658-23.3%

Participation rate

81.8%

61.2%+20.6pp

68.8%+13.0pp

70.2%+11.6pp

Annual return

6.95%

9.19%-2.2pp

138.47%-131.5pp

5.13%+1.8pp

Employer contribution / active EE

$1,277-100.0%

$2,403-100.0%

$1,974-100.0%

Participant deferral / active EE

$2,372

$2,209+7.3%

$3,160-24.9%

$3,061-22.5%

Admin fee / account holder

$148

$84+76.7%

$4,622-96.8%

$95+56.3%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: GREAT-WEST LIFE & ANNUITY INS CO

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD GROUP · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$41,110

COMMONWEALTH FINANCIAL NETWORK2+ years

Service code 27

29 SAWYER ROAD · WALTHAM, MA 024533483

Advisory (Plan)

$29,568

DOWNEAST PENSION SERVICES, INC.2+ years

Service code 13 · EIN 01-0472857

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

Contract Administrator

$13,617

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENDWOOD VILLAGE, CO 80111

Investment Management

$848

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