Retirement plan

CALISE & SONS BAKERY, INC. PROFIT SHARING PLAN

Name: CALISE & SONS BAKERY, INC. - CALISE & SONS BAKERY, INC. PROFIT SHARING PLAN (2016) Form 5500
Creator: CALISE & SONS BAKERY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALISE & SONS BAKERY, INC. PROFIT SHARING PLAN, CALISE & SONS BAKERY, INC.

CALISE & SONS BAKERY, INC.EIN 05-0284865Plan #001PY 2016

2 QUALITY DRIVE - LINCOLN, RI 02865401-334-3444calisebakery.comLinkedIn201-500 employeesfood production

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$6.4M

+9.1% from 2015

Total participants

268

+2.3% from 2015

Average account balance

$39,258

-0.9% from 2015

Annual return

5.75%

+7.57 pp from 2015

Benchmarks

See 933 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort933 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.41M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

138

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.

37.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$461K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$390

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
NATIONWIDE2+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$39,904
THE ANGELL PENSION GROUP, INC.2+ years Service code 15 88 BOYD AVENUE · EAST PROVIDENCE, RI 02914	Recordkeeping	$11,543
LPL FINANCIAL2+ years Filed as: LPL FINANCIAL, LLC Service code 27 ATTN COMMISSIONS DEPT · SAN DIEGO, CA 92150	Advisory (Plan)	$11,150

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

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: CHRISTOPHER P LEFOLEY CPA, INC
Auditor EIN: 050468944
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,258

$46,072-14.8%

$69,779-43.7%

$55,167-28.8%

Participation rate

56.7%

67.5%-10.8pp

71.8%-15.2pp

69.0%-12.3pp

Annual return

5.75%

8.68%-2.9pp

12.99%-7.2pp

169.23%-163.5pp

Employer contribution / active EE

$622

$1,500-58.6%

$2,338-73.4%

$1,963-68.3%

Participant deferral / active EE

$1,565

$2,344-33.2%

$2,931-46.6%

$3,054-48.8%

Admin fee / account holder

$428-100.0%

$4,381-100.0%

$504-100.0%

Provider

Service type

Compensation

NATIONWIDE2+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$39,904

THE ANGELL PENSION GROUP, INC.2+ years

Service code 15

88 BOYD AVENUE · EAST PROVIDENCE, RI 02914

Recordkeeping

$11,543

LPL FINANCIAL2+ years

Filed as: LPL FINANCIAL, LLC

Service code 27

ATTN COMMISSIONS DEPT · SAN DIEGO, CA 92150

Advisory (Plan)

$11,150

CALISE & SONS BAKERY, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

CALISE & SONS BAKERY, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion