Retirement plan

INTERSTATE & LAKELAND LUMBER CORPORATION 401(K) AND PROFIT SHARING PLAN

Name: INTERSTATE & LAKELAND LUMBER CORP - INTERSTATE & LAKELAND LUMBER CORPORATION 401(K) AND PROFIT SHARING PLAN (2020) Form 5500
Creator: INTERSTATE & LAKELAND LUMBER CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INTERSTATE & LAKELAND LUMBER CORPORATION 401(K) AND PROFIT SHARING PLAN, INTERSTATE & LAKELAND LUMBER CORP

INTERSTATE & LAKELAND LUMBER CORPEIN 06-0401200Plan #002PY 2020

247 MILL STREET - GREENWICH, CT 06830203-413-1652

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$21.8M

+14.0% from 2019

Total participants

120

+2.6% from 2019

Average account balance

$200,096

+18.2% from 2019

Annual return

15.22%

-6.85 pp from 2019

Benchmarks

See 9,300 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,300 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.90M

Not enough data

1 years with asset history on file

Average account balance

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

$239K

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.

125

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.

87.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.83M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+13.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$492

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

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 codes2E2F2G2J2T3D2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

$1.3M

$12867 / participant

Other / not subdivided$1M100.0%

% of EOY assets

5.782%

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

$200,096

$65,034+207.7%

$90,970+120.0%

$79,856+150.6%

Participation rate

88.8%

61.6%+27.2pp

69.0%+19.8pp

69.6%+19.1pp

Annual return

15.22%

30.45%-15.2pp

134.60%-119.4pp

31.71%-16.5pp

Employer contribution / active EE

$5,025

$1,247+302.8%

$2,122+136.8%

$2,471+103.3%

Participant deferral / active EE

$5,478

$2,512+118.0%

$3,373+62.4%

$3,741+46.4%

Admin fee / account holder

$11,569

$4,536+155.1%

$5,961+94.1%

$5,306+118.0%

INTERSTATE & LAKELAND LUMBER CORPORATION 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INTERSTATE & LAKELAND LUMBER CORPORATION 401(K) AND PROFIT SHARING 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