Retirement plan

FARRELL DISTRIBUTING CORPORATION 401(K) PLAN

Name: THE FARRELL DISTRIBUTING CORPORATION - FARRELL DISTRIBUTING CORPORATION 401(K) PLAN (2016) Form 5500
Creator: THE FARRELL DISTRIBUTING CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FARRELL DISTRIBUTING CORPORATION 401(K) PLAN, THE FARRELL DISTRIBUTING CORPORATION

THE FARRELL DISTRIBUTING CORPORATIONEIN 03-0214188Plan #003PY 2016

5 HOLMES ROAD - SOUTH BURLINGTON, VT 05403802-864-4422farrelldistributing.comLinkedIn201-500 employeeswholesale

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$26M

+8.0% from 2015

Total participants

345

+38.0% from 2015

Average account balance

$104,133

-0.7% from 2015

Annual return

7.53%

+7.78 pp from 2015

Benchmarks

See 1,219 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,219 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$44.22M

Not enough data

1 years with asset history on file

Average account balance

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

$127K

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.

348

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.

92.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.71M

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

+13.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$105

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
MORGAN STANLEY SMITH BARNEY2+ years Filed as: MORGAN STANLEY GLOBAL BANKING OPERA Service code 16 1300 THAMES ST WHARF · BALTIMORE, MD 21231	Consulting	$31,250
MCSOLEY MCCOY & CO1 year Filed as: MCSOLEY MCCOY CO Service code 10 118 TILLEY DRIVE · SOUTH BURLINGTON, VT 05403	Accounting	$6,500
T ROWE PRICE RPS INC2+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$157

Plan features & details

Pension benefit codes2E2F2G2J2T

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.

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

$38K

$121 / participant

Investment mgmt$7K17.0%
Other / not subdivided$32K83.0%

% of EOY assets

0.147%

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: MCSOLEY MCCOY & CO
Auditor EIN: 030327374
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$104,133

$107,378-3.0%

$108,582-4.1%

$57,658+80.6%

Participation rate

69.9%

77.1%-7.2pp

79.6%-9.6pp

70.2%-0.3pp

Annual return

7.53%

12.80%-5.3pp

-51.70%+59.2pp

5.13%+2.4pp

Employer contribution / active EE

$1,956

$1,782+9.8%

$3,758-48.0%

$1,974-0.9%

Participant deferral / active EE

$2,220

$3,221-31.1%

$4,311-48.5%

$3,061-27.5%

Admin fee / account holder

$153

$108+40.7%

$7,645-98.0%

$95+61.4%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY2+ years

Filed as: MORGAN STANLEY GLOBAL BANKING OPERA

Service code 16

1300 THAMES ST WHARF · BALTIMORE, MD 21231

Consulting

$31,250

MCSOLEY MCCOY & CO1 year

Filed as: MCSOLEY MCCOY CO

Service code 10

118 TILLEY DRIVE · SOUTH BURLINGTON, VT 05403

Accounting

$6,500

T ROWE PRICE RPS INC2+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$157

FARRELL DISTRIBUTING CORPORATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FARRELL DISTRIBUTING CORPORATION 401(K) 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