Retirement plan

CANDLEWICK PRESS 401(K) PLAN

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

CANDLEWICK PRESS, INC.EIN 04-3113974Plan #002PY 2017

99 DOVER STREET - SOMERVILLE, MA 02144617-661-3330candlewick.comLinkedIn51-200 employeespublishing

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.2M

+19.3% from 2016

Total participants

120

-0.8% from 2016

Average account balance

$122,610

+15.1% from 2016

Annual return

18.08%

+9.95 pp from 2016

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.74M

Not enough data

1 years with asset history on file

Average account balance

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

$150K

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.

152

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.

91.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$954K

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)

$585

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
SENTINEL PENSION ADVISORS1 year Filed as: SENTINEL PENSION ADVISOPRS Service code 26 · EIN 04-3422848	Advisory (Participants)	$39,497
SENTINEL PENSION ADVISORS1 year Filed as: SENTINEL BENEFITS GROUP, INC. Service code 15 · EIN 04-3015875	Recordkeeping	$985
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346	Recordkeeping	$194

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

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

$41K

$391 / participant

Investment mgmt$39K97.1%
Other / not subdivided$1K2.9%

% of EOY assets

0.286%

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: SAMET & COMPANY PC
Auditor EIN: 043027605
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$122,610

$63,314+93.7%

$91,004+34.7%

$62,293+96.8%

Participation rate

96.2%

73.3%+22.8pp

75.6%+20.6pp

69.5%+26.6pp

Annual return

18.08%

21.00%-2.9pp

4.60%+13.5pp

28.90%-10.8pp

Employer contribution / active EE

$1,587

$1,807-12.2%

$2,456-35.4%

$2,042-22.3%

Participant deferral / active EE

$5,397

$2,944+83.4%

$3,548+52.1%

$3,169+70.3%

Admin fee / account holder

$351

$468-25.0%

$5,417-93.5%

$479-26.8%

Provider

Service type

Compensation

SENTINEL PENSION ADVISORS1 year

Filed as: SENTINEL PENSION ADVISOPRS

Service code 26 · EIN 04-3422848

Advisory (Participants)

$39,497

SENTINEL PENSION ADVISORS1 year

Filed as: SENTINEL BENEFITS GROUP, INC.

Service code 15 · EIN 04-3015875

Recordkeeping

$985

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK USA

Service code 15 · EIN 01-0233346

Recordkeeping

$194

CANDLEWICK PRESS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CANDLEWICK PRESS 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