Retirement plan

FARRELL DISTRIBUTING CORPORATION 401(K) PLAN

Name: THE FARRELL DISTRIBUTING CORPORATION - FARRELL DISTRIBUTING CORPORATION 401(K) PLAN (2021) 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 2021

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$41.5M

+15.6% from 2020

Total participants

341

+5.9% from 2020

Average account balance

$131,822

+12.3% from 2020

Annual return

13.80%

-0.77 pp from 2020

Benchmarks

See 1,276 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,276 peers

Snapshot2021

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 BARNEY1 year Filed as: MORGAN STANLEY GLOBAL BANKING Service code 16 1300 THAMES STREET · BALTIMORE, MD 21231	Consulting	$35,000
JUDELSON, GIORDANO & SIEGEL, PC4 years Service code 10 633 ROUTE 211 EAST · MIDDLETOWN, NY 10941	Accounting	$9,900
T ROWE PRICE RPS INC7+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$730

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$46K

$159 / participant

Other / not subdivided$46K100.0%

% of EOY assets

0.111%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PKF O'CONNOR DAVIES
Auditor EIN: 271728945
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$131,822

$86,225+52.9%

$146,685-10.1%

$86,813+51.8%

Participation rate

91.0%

78.0%+13.0pp

80.1%+10.9pp

72.3%+18.7pp

Annual return

13.80%

31.23%-17.4pp

22.75%-8.9pp

97.93%-84.1pp

Employer contribution / active EE

$1,665

$2,392-30.4%

$4,137-59.8%

$2,406-30.8%

Participant deferral / active EE

$3,092

$4,245-27.2%

$5,507-43.8%

$4,131-25.1%

Admin fee / account holder

$146

$195-25.3%

$10,281-98.6%

$170-14.0%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY GLOBAL BANKING

Service code 16

1300 THAMES STREET · BALTIMORE, MD 21231

Consulting

$35,000

JUDELSON, GIORDANO & SIEGEL, PC4 years

Service code 10

633 ROUTE 211 EAST · MIDDLETOWN, NY 10941

Accounting

$9,900

T ROWE PRICE RPS INC7+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$730

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