Retirement plan

GULF HARBOR SHIPPING, L.L.C. EMPLOYEES SAVINGS TRUST

Name: GULF HARBOR SHIPPING, L.L.C. - GULF HARBOR SHIPPING, L.L.C. EMPLOYEES SAVINGS TRUST (2020) Form 5500
Creator: GULF HARBOR SHIPPING, L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GULF HARBOR SHIPPING, L.L.C. EMPLOYEES SAVINGS TRUST, GULF HARBOR SHIPPING, L.L.C.

GULF HARBOR SHIPPING, L.L.C.dba DARYL VAN DERWOODEIN 01-0548248Plan #002PY 2020

2000 OLD SPANISH TRAIL, SUITE 100 - SLIDELL, LA 704588674985-661-8005gulfharbor.comLinkedIn11-50 employeesmaritime

Other plans on this EIN

1 filing

#001Retirement-$69K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.3M

+26.5% from 2019

Total participants

-7.7% from 2019

Average account balance

$148,861

+49.5% from 2019

Annual return

14.58%

-2.13 pp from 2019

Benchmarks

See 1,131 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort1,131 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$137K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-10.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2T2F2G2J3D

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$71K

$2943 / participant

Other / not subdivided$71K100.0%

% of EOY assets

2.157%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$148,861

$129,476+15.0%

$93,515+59.2%

$158,982-6.4%

Participation rate

91.7%

71.0%+20.7pp

66.8%+24.8pp

82.0%+9.7pp

Annual return

14.58%

118.56%-104.0pp

78.21%-63.6pp

302.99%-288.4pp

Employer contribution / active EE

$11,376

$2,717+318.7%

$2,077+447.6%

$4,763+138.8%

Participant deferral / active EE

$4,324

$3,916+10.4%

$3,129+38.2%

$5,983-27.7%

Admin fee / account holder

$3,211

$7,396-56.6%

$5,235-38.7%

$11,252-71.5%

GULF HARBOR SHIPPING, L.L.C. EMPLOYEES SAVINGS TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GULF HARBOR SHIPPING, L.L.C. EMPLOYEES SAVINGS TRUST

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