Retirement plan

ATLAS DISTRIBUTING 401(K) PLAN

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

ATLAS DISTRIBUTING INC.EIN 04-3247811Plan #001PY 2017

44 SOUTHBRIDGE STREET - AUBURN, MA 015012582508-791-6221

Other plans on this EIN

1 filing

#005Retirement-$2.0M assets

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$9.4M

+24.4% from 2016

Total participants

119

0.0% from 2016

Average account balance

$80,034

+24.4% from 2016

Annual return

19.34%

+10.44 pp from 2016

Benchmarks

See 2,371 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,371 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.25M

Not enough data

1 years with asset history on file

Average account balance

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

$161K

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.

126

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.

92.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$907K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+17.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$-9

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 6 by compensation

Provider	Service type	Compensation
NFP RETIREMENT INC2 years Filed as: NFP SECURITIES INC Service code 50	Direct Payment	$25,178
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC Service code 15 · EIN 26-1589907	Recordkeeping	$820
RELIANCE TRUST COMPANY2 years Service code 19	Securities Custodian	$132
MORNINGSTAR2 years Filed as: MORNINGSTAR ASSOCIATES Service code 49 · EIN 36-4317381	Other Services	$20
NFP RETIREMENT INC2 years Filed as: NFP SECURITIES INC. Service code 50 · EIN 74-2794194	Direct Payment	$0
RELIANCE TRUST COMPANY2 years Filed as: RELIANCE TRUST Service code 19 · EIN 58-1428634	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2G2J2K2T3D

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.
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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$820

$8 / participant

Contract admin$820100.0%

% of EOY assets

0.009%

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: GREENBERG,ROSENBLATT,KULL & BITSOLI
Auditor EIN: 042687094
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$80,034

$71,192+12.4%

$117,861-32.1%

$62,293+28.5%

Participation rate

98.1%

74.2%+23.8pp

79.7%+18.4pp

69.5%+28.5pp

Annual return

19.34%

18.66%+0.7pp

335.11%-315.8pp

28.90%-9.6pp

Employer contribution / active EE

$2,570

$1,934+32.9%

$3,786-32.1%

$2,042+25.8%

Participant deferral / active EE

$4,784

$3,189+50.0%

$4,482+6.7%

$3,169+51.0%

Admin fee / account holder

$587-98.8%

$8,021-99.9%

$479-98.5%

Provider

Service type

Compensation

NFP RETIREMENT INC2 years

Filed as: NFP SECURITIES INC

Service code 50

Direct Payment

$25,178

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC

Service code 15 · EIN 26-1589907

Recordkeeping

$820

RELIANCE TRUST COMPANY2 years

Service code 19

Securities Custodian

$132

MORNINGSTAR2 years

Filed as: MORNINGSTAR ASSOCIATES

Service code 49 · EIN 36-4317381

Other Services

$20

NFP RETIREMENT INC2 years

Filed as: NFP SECURITIES INC.

Service code 50 · EIN 74-2794194

Direct Payment

RELIANCE TRUST COMPANY2 years

Filed as: RELIANCE TRUST

Service code 19 · EIN 58-1428634

Securities Custodian

ATLAS DISTRIBUTING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ATLAS DISTRIBUTING 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