Retirement plan

JOHNSON, O'HARE COMPANY 401(K) PLAN

Name: JOHNSON, O'HARE COMPANY, INC. - JOHNSON, O'HARE COMPANY 401(K) PLAN (2019) 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 2019

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

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$30.5M

+24.7% from 2018

Total participants

484

+4.3% from 2018

Average account balance

$72,373

+17.9% from 2018

Annual return

20.69%

+26.33 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

$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
RAYMOND JAMES FINANCIAL SERVICES3 years Filed as: RAYMOND JAMES & ASSOCIATES INC Service code 27 · EIN 59-1237041	Advisory (Plan)	$65,469
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Service code 37 · EIN 04-2647786	Loan Processing	$3,845

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.

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

$69K

$163 / participant

Other / not subdivided$69K100.0%

% of EOY assets

0.227%

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

$72,373

$69,159+4.6%

$125,195-42.2%

$67,582+7.1%

Participation rate

85.4%

78.2%+7.2pp

79.8%+5.6pp

71.3%+14.1pp

Annual return

20.69%

27.12%-6.4pp

43.79%-23.1pp

378.57%-357.9pp

Employer contribution / active EE

$2,023-100.0%

$3,866-100.0%

$2,148-100.0%

Participant deferral / active EE

$5,611

$3,700+51.7%

$4,937+13.6%

$3,539+58.5%

Admin fee / account holder

$164

$142+15.9%

$9,704-98.3%

$142+15.4%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES3 years

Filed as: RAYMOND JAMES & ASSOCIATES INC

Service code 27 · EIN 59-1237041

Advisory (Plan)

$65,469

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Service code 37 · EIN 04-2647786

Loan Processing

$3,845

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