Retirement plan

JOHNSON, O'HARE COMPANY 401(K) PLAN

Name: JOHNSON, O'HARE COMPANY, INC. - JOHNSON, O'HARE COMPANY 401(K) PLAN (2020) 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 2020

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

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$36M

+17.7% from 2019

Total participants

505

+4.3% from 2019

Average account balance

$80,804

+11.6% from 2019

Annual return

15.01%

-5.68 pp from 2019

Benchmarks

See 1,266 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,266 peers

Snapshot2020

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 3 by compensation

Provider	Service type	Compensation
RAYMOND JAMES FINANCIAL SERVICES4 years Filed as: RAYMOND JAMES & ASSOCIATES INC Service code 27 · EIN 59-1237041	Advisory (Plan)	$65,954
SAMET & COMPANY PC1 year Filed as: SAMET & COMPANY, PC Service code 16 1330 BOYLSTON STREET · CHESTNUT HILL, MA 02467	Consulting	$12,400
FIDELITY INVESTMENTS INSTITUTIONAL6+ years Service code 37 · EIN 04-2647786	Loan Processing	-$25,355

Plan features & details

Pension benefit codes2F2G2J2T3D2E

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

$53K

$118 / participant

Other / not subdivided$53K100.0%

% of EOY assets

0.147%

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

$80,804

$78,419+3.0%

$133,978-39.7%

$73,412+10.1%

Participation rate

86.6%

78.6%+8.0pp

79.8%+6.8pp

72.2%+14.4pp

Annual return

15.01%

33.35%-18.3pp

45.10%-30.1pp

59.30%-44.3pp

Employer contribution / active EE

$2,044-100.0%

$3,919-100.0%

$2,234-100.0%

Participant deferral / active EE

$5,929

$3,925+51.1%

$5,047+17.5%

$3,806+55.8%

Admin fee / account holder

$119

$161-26.2%

$8,930-98.7%

$158-24.6%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES4 years

Filed as: RAYMOND JAMES & ASSOCIATES INC

Service code 27 · EIN 59-1237041

Advisory (Plan)

$65,954

SAMET & COMPANY PC1 year

Filed as: SAMET & COMPANY, PC

Service code 16

1330 BOYLSTON STREET · CHESTNUT HILL, MA 02467

Consulting

$12,400

FIDELITY INVESTMENTS INSTITUTIONAL6+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$25,355

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