Retirement plan

JOHNSON, O'HARE COMPANY 401(K) PLAN

Name: JOHNSON, O'HARE COMPANY, INC. - JOHNSON, O'HARE COMPANY 401(K) PLAN (2016) Form 5500
Creator: JOHNSON, O'HARE COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOHNSON, O'HARE COMPANY 401(K) PLAN, JOHNSON, O'HARE COMPANY, INC.

JOHNSON, O'HARE COMPANY, INC.EIN 04-2255378Plan #001PY 2016

ONE PROGRESS ROAD - BILLERICA, MA 01821978-663-9000LinkedIn11-50 employeesfood & beverages

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$20.8M

+8.8% from 2015

Total participants

502

-2.9% from 2015

Average account balance

$50,065

+15.3% from 2015

Annual return

8.40%

+8.71 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

$51.14M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

543

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.

84.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.33M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+14.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$369

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 2 by compensation

Provider	Service type	Compensation
DEUTSCHE BANK SECURITIES INC.2+ years Filed as: DEUTSCHE BANK SECURITIES INC Service code 27 1 SOUTH ST · BALTIMORE, MD 21202	Advisory (Plan)	$48,347
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 37 · EIN 04-2647786	Loan Processing	$1,725

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$50K

$112 / participant

Other / not subdivided$50K100.0%

% of EOY assets

0.240%

all-in expense ratio

Categories reported

0 / 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: SAMET & COMPANY PC
Auditor EIN: 043027605
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,065

$107,378-53.4%

$108,582-53.9%

$57,658-13.2%

Participation rate

80.8%

77.1%+3.7pp

79.6%+1.2pp

70.2%+10.5pp

Annual return

8.40%

12.80%-4.4pp

-51.70%+60.1pp

5.13%+3.3pp

Employer contribution / active EE

$1,782-100.0%

$3,758-100.0%

$1,974-100.0%

Participant deferral / active EE

$3,886

$3,221+20.6%

$4,311-9.9%

$3,061+27.0%

Admin fee / account holder

$120

$108+10.9%

$7,645-98.4%

$95+27.3%

Provider

Service type

Compensation

DEUTSCHE BANK SECURITIES INC.2+ years

Filed as: DEUTSCHE BANK SECURITIES INC

Service code 27

1 SOUTH ST · BALTIMORE, MD 21202

Advisory (Plan)

$48,347

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 37 · EIN 04-2647786

Loan Processing

$1,725

JOHNSON, O'HARE COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOHNSON, O'HARE COMPANY 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