Retirement plan

COGHLIN COMPANIES EMPLOYEE PROFIT SHARING PLAN AND TRUST

Name: COGHLIN COMPANIES, INC. - COGHLIN COMPANIES EMPLOYEE PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: COGHLIN COMPANIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COGHLIN COMPANIES EMPLOYEE PROFIT SHARING PLAN AND TRUST, COGHLIN COMPANIES, INC.

COGHLIN COMPANIES, INC.EIN 04-2923301Plan #001PY 2020

27 OTIS STREET - WESTBOROUGH, MA 01581508-929-4645coghlincompanies.comLinkedIn501-1000 employeesconsumer goods

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$38.6M

+23.4% from 2019

Total participants

814

+1.4% from 2019

Average account balance

$49,754

+23.4% from 2019

Annual return

20.32%

-4.02 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

$57.69M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

934

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.

96.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.49M

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

+14.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$154

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 5 by compensation

Provider	Service type	Compensation
KESTRA INVESTMENT SERVICES LLC1 year Filed as: KESTRA INVESTMENT SERVICES, LLC Service code 27 · EIN 35-2552359	Advisory (Plan)	$51,546
BDS CONSULTING GROUP, INC.6+ years Service code 15 · EIN 04-2547708	Recordkeeping	$15,985
BOLLUS LYNCH3 years Filed as: BOLLUS LYNCH, LLP Service code 10 · EIN 04-3037870	Accounting	$12,985
STRATEGIC ADVISORS, INC.2 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$2,382
FIDELITY INVESTMENTS INSTITUTIONAL2 years Filed as: FIDELITY INVESTMENTS Service code 37 · EIN 04-2647786	Loan Processing	-$20,008

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$63K

$96 / participant

Investment mgmt$34K53.9%
Other / not subdivided$29K46.1%

% of EOY assets

0.163%

all-in expense ratio

Categories reported

1 / 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: BOLLUS LYNCH LLP
Auditor EIN: 043037870
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$49,754

$78,419-36.6%

$133,971-62.9%

$73,412-32.2%

Participation rate

94.1%

78.6%+15.5pp

79.8%+14.2pp

72.2%+21.9pp

Annual return

20.32%

33.35%-13.0pp

45.09%-24.8pp

59.30%-39.0pp

Employer contribution / active EE

$1,539

$2,044-24.7%

$3,919-60.7%

$2,234-31.1%

Participant deferral / active EE

$4,001

$3,925+1.9%

$5,047-20.7%

$3,806+5.1%

Admin fee / account holder

$81

$161-49.7%

$8,929-99.1%

$158-48.6%

Provider

Service type

Compensation

KESTRA INVESTMENT SERVICES LLC1 year

Filed as: KESTRA INVESTMENT SERVICES, LLC

Service code 27 · EIN 35-2552359

Advisory (Plan)

$51,546

BDS CONSULTING GROUP, INC.6+ years

Service code 15 · EIN 04-2547708

Recordkeeping

$15,985

BOLLUS LYNCH3 years

Filed as: BOLLUS LYNCH, LLP

Service code 10 · EIN 04-3037870

Accounting

$12,985

STRATEGIC ADVISORS, INC.2 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$2,382

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Filed as: FIDELITY INVESTMENTS

Service code 37 · EIN 04-2647786

Loan Processing

-$20,008

COGHLIN COMPANIES EMPLOYEE PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COGHLIN COMPANIES EMPLOYEE PROFIT SHARING PLAN AND TRUST

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