Retirement plan

LMD FLORALS 401K AND PROFIT SHARING PLAN

Name: LEWIS MILLER DESIGN, INC. - LMD FLORALS 401K AND PROFIT SHARING PLAN (2022) Form 5500
Creator: LEWIS MILLER DESIGN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LMD FLORALS 401K AND PROFIT SHARING PLAN, LEWIS MILLER DESIGN, INC.

LEWIS MILLER DESIGN, INC.EIN 01-0666346Plan #001PY 2022

803 6TH AVENUE, 4TH FLOOR - NEW YORK, NY 10001212-614-2734LinkedIn1-10 employees

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$222K

-0.4% from 2021

Total participants

+120.0% from 2021

Average account balance

$37,010

-33.6% from 2021

Annual return

-19.33%

-32.05 pp from 2021

Benchmarks

See 23,461 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,461 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$440K

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

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.

90.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$61K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+18.75%

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 codes2E2F2G2J

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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$106

$13 / participant

Other / not subdivided$106100.0%

% of EOY assets

0.048%

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

$37,010

$142,409-74.0%

$119,634-69.1%

$134,545-72.5%

Participation rate

37.5%

82.8%-45.3pp

79.3%-41.8pp

81.2%-43.7pp

Annual return

-19.33%

-12.46%-6.9pp

-14.98%-4.3pp

418.37%-437.7pp

Employer contribution / active EE

$1,828

$5,224-65.0%

$4,232-56.8%

$4,742-61.4%

Participant deferral / active EE

$3,457

$6,468-46.6%

$5,601-38.3%

$6,401-46.0%

Admin fee / account holder

$18

$13,594-99.9%

$10,329-99.8%

$11,431-99.8%

LMD FLORALS 401K AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LMD FLORALS 401K AND PROFIT SHARING 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