Retirement plan

NATIONAL CONSOLIDATED GROUP, INC. PROFIT SHARING SAVINGS PLAN

Name: NATIONAL CONSOLIDATED GROUP, INC. - NATIONAL CONSOLIDATED GROUP, INC. PROFIT SHARING SAVINGS PLAN (2017) Form 5500
Creator: NATIONAL CONSOLIDATED GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL CONSOLIDATED GROUP, INC. PROFIT SHARING SAVINGS PLAN, NATIONAL CONSOLIDATED GROUP, INC.

NATIONAL CONSOLIDATED GROUP, INC.EIN 04-2747992Plan #001PY 2017

430 FIRST STREET - BOSTON, MA 02127617-269-5900

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$11.4M

+14.0% from 2016

Total participants

173

-3.9% from 2016

Average account balance

$71,562

+23.2% from 2016

Annual return

21.84%

+17.41 pp from 2016

Benchmarks

See 1,029 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,029 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.34M

Not enough data

1 years with asset history on file

Average account balance

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

$360K

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.

231.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$115K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+16.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11804

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
NATIONWIDE3+ years Service code 15 · EIN 31-4156830	Recordkeeping	$63,900
LPL FINANCIAL3+ years Filed as: LPL FINANCIAL LLC Service code 71 ATTN COMMISSIONS DEPT · SAN DIEGO, CA 92121	Brokerage Fees	$33,278
THE ANGELL PENSION GROUP, INC.3+ years Filed as: THE ANGELL PENSION GROUP Service code 17 · EIN 04-2530412	Pension Consulting	$7,274

Plan features & details

Pension benefit codes2E2F2G2J2K3H3D

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$3K

$23 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.022%

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: CITRIN COOPERMAN & CO. LLP
Auditor EIN: 222428965
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,562

$46,297+54.6%

$71,671-0.2%

$62,293+14.9%

Participation rate

88.0%

60.6%+27.3pp

68.7%+19.2pp

69.5%+18.4pp

Annual return

21.84%

22.32%-0.5pp

20.65%+1.2pp

28.90%-7.1pp

Employer contribution / active EE

$1,412-100.0%

$2,460-100.0%

$2,042-100.0%

Participant deferral / active EE

$3,593

$2,235+60.7%

$3,438+4.5%

$3,169+13.4%

Admin fee / account holder

$16

$461-96.6%

$5,558-99.7%

$479-96.7%

Provider

Service type

Compensation

NATIONWIDE3+ years

Service code 15 · EIN 31-4156830

Recordkeeping

$63,900

LPL FINANCIAL3+ years

Filed as: LPL FINANCIAL LLC

Service code 71

ATTN COMMISSIONS DEPT · SAN DIEGO, CA 92121

Brokerage Fees

$33,278

THE ANGELL PENSION GROUP, INC.3+ years

Filed as: THE ANGELL PENSION GROUP

Service code 17 · EIN 04-2530412

Pension Consulting

$7,274

NATIONAL CONSOLIDATED GROUP, INC. PROFIT SHARING SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL CONSOLIDATED GROUP, INC. PROFIT SHARING SAVINGS 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