Retirement plan

H.H. BROWN SHOE COMPANY, INC. 401(K) PLAN FOR WHOLESALE EMPLOYEES

Name: H.H. BROWN SHOE COMPANY, INC. - H.H. BROWN SHOE COMPANY, INC. 401(K) PLAN FOR WHOLESALE EMPLOYEES (2019) Form 5500
Creator: H.H. BROWN SHOE COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, H.H. BROWN SHOE COMPANY, INC. 401(K) PLAN FOR WHOLESALE EMPLOYEES, H.H. BROWN SHOE COMPANY, INC.

H.H. BROWN SHOE COMPANY, INC.EIN 04-1127910Plan #002PY 2019

124 WEST PUTNAM AVE. - GREENWICH, CT 06830203-661-2424

Other plans on this EIN

1 filing

#003Retirement-$2.7M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$66.4M

+17.2% from 2018

Total participants

525

+0.2% from 2018

Average account balance

$131,127

+18.1% from 2018

Annual return

19.80%

+22.39 pp from 2018

Benchmarks

See 1,313 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,313 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.89M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

56.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$158K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+11.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3159

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

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Service providers

Top 10 of 12 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.5+ years Service code 49 · EIN 04-1590850	Other Services	$148,107
USI CONSULTING GROUP1 year Service code 27 · EIN 06-1053228	Advisory (Plan)	$23,878
USI CONSULTING GROUP1 year Filed as: USI ADVISORS, INC. Service code 27 · EIN 06-1397347	Advisory (Plan)	$23,393
MARCUM LLP3 years Filed as: MARCUM Service code 10 · EIN 11-1988323	Accounting	$10,081
WITHUMSMITH+BROWN, PC1 year Filed as: H.H. BROWN SHOE COMPANY Service code 10 · EIN 11-1988323	Accounting	$5,260
AMERICAN FUNDS3 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
DELAWARE INVESTMENTS3 years Service code 52 · EIN 23-2450217	Indirect Investment Fees	$0
FIDELITY INVESTMENTS INSTITUTIONAL3 years Filed as: FIDELITY ADVISOR Service code 52 · EIN 04-3022712	Indirect Investment Fees	$0
INVESCO1 year Service code 52 · EIN 84-1308320	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY3 years Filed as: JP MORGAN Service code 52 · EIN 13-3963293	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D3H2S2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$226K

$568 / participant

Investment mgmt$187K82.5%
Contract admin$11K4.9%
Other / not subdivided$28K12.6%

% of EOY assets

0.341%

all-in expense ratio

Categories reported

2 / 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: MARCUM LLP
Auditor EIN: 111986323
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$131,127

$69,159+89.6%

$125,195+4.7%

$67,582+94.0%

Participation rate

95.2%

78.2%+17.0pp

79.8%+15.4pp

71.3%+23.9pp

Annual return

19.80%

27.12%-7.3pp

43.79%-24.0pp

378.57%-358.8pp

Employer contribution / active EE

$2,185

$2,023+8.0%

$3,866-43.5%

$2,148+1.7%

Participant deferral / active EE

$6,353

$3,700+71.7%

$4,937+28.7%

$3,539+79.5%

Admin fee / account holder

$447

$142+215.3%

$9,704-95.4%

$142+214.1%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.5+ years

Service code 49 · EIN 04-1590850

Other Services

$148,107

USI CONSULTING GROUP1 year

Service code 27 · EIN 06-1053228

Advisory (Plan)

$23,878

USI CONSULTING GROUP1 year

Filed as: USI ADVISORS, INC.

Service code 27 · EIN 06-1397347

Advisory (Plan)

$23,393

MARCUM LLP3 years

Filed as: MARCUM

Service code 10 · EIN 11-1988323

Accounting

$10,081

WITHUMSMITH+BROWN, PC1 year

Filed as: H.H. BROWN SHOE COMPANY

Service code 10 · EIN 11-1988323

Accounting

$5,260

AMERICAN FUNDS3 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

DELAWARE INVESTMENTS3 years

Service code 52 · EIN 23-2450217

Indirect Investment Fees

FIDELITY INVESTMENTS INSTITUTIONAL3 years

Filed as: FIDELITY ADVISOR

Service code 52 · EIN 04-3022712

Indirect Investment Fees

INVESCO1 year

Service code 52 · EIN 84-1308320

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY3 years

Filed as: JP MORGAN

Service code 52 · EIN 13-3963293

Indirect Investment Fees

H.H. BROWN SHOE COMPANY, INC. 401(K) PLAN FOR WHOLESALE EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

H.H. BROWN SHOE COMPANY, INC. 401(K) PLAN FOR WHOLESALE EMPLOYEES

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