Retirement plan

LAWRENCE MASONRY SUPPLIES, INC. 401(K) PLAN

Name: LAWRENCE MASONRY SUPPLIES, INC. - LAWRENCE MASONRY SUPPLIES, INC. 401(K) PLAN (2017) Form 5500
Creator: LAWRENCE MASONRY SUPPLIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAWRENCE MASONRY SUPPLIES, INC. 401(K) PLAN, LAWRENCE MASONRY SUPPLIES, INC.

LAWRENCE MASONRY SUPPLIES, INC.EIN 04-2891407Plan #001PY 2017

175 MARKET STREET - LAWRENCE, MA 01843978-686-6149

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.2M

+9.7% from 2016

Total participants

-8.3% from 2016

Average account balance

$122,322

+31.7% from 2016

Annual return

22.87%

+20.14 pp from 2016

Benchmarks

See 18,212 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,212 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.90M

Not enough data

1 years with asset history on file

Average account balance

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

$223K

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.

118.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$128K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+26.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3227

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

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

$241K

$26822 / participant

Other / not subdivided$241K100.0%

% of EOY assets

19.735%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$122,322

$99,652+22.7%

$78,778+55.3%

$147,586-17.1%

Participation rate

88.9%

76.2%+12.7pp

69.2%+19.7pp

82.8%+6.1pp

Annual return

22.87%

47.28%-24.4pp

35.62%-12.7pp

578.59%-555.7pp

Employer contribution / active EE

$5,556

$2,796+98.7%

$1,986+179.8%

$4,876+13.9%

Participant deferral / active EE

$4,564

$3,664+24.6%

$2,958+54.3%

$5,439-16.1%

Admin fee / account holder

$24,140

$7,155+237.4%

$5,134+370.2%

$10,886+121.8%

LAWRENCE MASONRY SUPPLIES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAWRENCE MASONRY SUPPLIES, INC. 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