Retirement plan

MCARDLE'S FLORIST AND GARDEN CENTER 401(K) PLAN

Name: MCARDLE'S FLORIST AND GARDEN CENTER - MCARDLE'S FLORIST AND GARDEN CENTER 401(K) PLAN (2016) Form 5500
Creator: MCARDLE'S FLORIST AND GARDEN CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MCARDLE'S FLORIST AND GARDEN CENTER 401(K) PLAN, MCARDLE'S FLORIST AND GARDEN CENTER

MCARDLE'S FLORIST AND GARDEN CENTEREIN 06-0885244Plan #001PY 2016

48 ARCH STREET - GREENWICH, CT 06830203-434-8411

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$537K

+45.9% from 2015

Total participants

+23.1% from 2015

Average account balance

$23,353

+45.9% from 2015

Annual return

12.20%

+17.00 pp from 2015

Benchmarks

See 9,492 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,492 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.90M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

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.

124.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$383K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+16.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1048

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

0 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 codes2E2J3D2T2G2F

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

2 tripped

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

$14K

$520 / participant

Other / not subdivided$14K100.0%

% of EOY assets

2.518%

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

$23,353

$48,364-51.7%

$71,796-67.5%

$62,881-62.9%

Participation rate

65.4%

60.6%+4.8pp

69.1%-3.7pp

69.3%-3.9pp

Annual return

12.20%

13.16%-1.0pp

78.04%-65.8pp

20.14%-7.9pp

Employer contribution / active EE

$1,861

$1,042+78.6%

$1,924-3.3%

$2,281-18.4%

Participant deferral / active EE

$3,420

$2,091+63.5%

$2,794+22.4%

$3,203+6.8%

Admin fee / account holder

$588

$3,771-84.4%

$4,815-87.8%

$4,296-86.3%

MCARDLE'S FLORIST AND GARDEN CENTER 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MCARDLE'S FLORIST AND GARDEN CENTER 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