Retirement plan

EMPLOYEE BENEFIT PLAN OF PRESTIGE WINE IMPORTS CORP

Name: PRESTIGE WINE IMPORTS CORP - EMPLOYEE BENEFIT PLAN OF PRESTIGE WINE IMPORTS CORP (2017) Form 5500
Creator: PRESTIGE WINE IMPORTS CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF PRESTIGE WINE IMPORTS CORP, PRESTIGE WINE IMPORTS CORP

PRESTIGE WINE IMPORTS CORPEIN 06-1125367Plan #001PY 2017

5 W 19TH ST - NEW YORK, NY 100114216212-229-0080prestigewineimports.comLinkedIn11-50 employeeswine and spirits

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$5.4M

+16.6% from 2016

Total participants

+8.0% from 2016

Average account balance

$99,173

+7.9% from 2016

Annual return

20.32%

-4369.29 pp from 2016

Benchmarks

See 9,327 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,327 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.52M

Not enough data

1 years with asset history on file

Average account balance

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

$146K

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.

191.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$694K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+19.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$23368

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 codes2F2T

Plan features

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).
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$564K

$13757 / participant

Other / not subdivided$564K100.0%

% of EOY assets

10.532%

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

$99,173

$78,707+26.0%

$117,861-15.9%

$70,126+41.4%

Participation rate

100.0%

73.2%+26.8pp

79.7%+20.3pp

69.5%+30.5pp

Annual return

20.32%

23.30%-3.0pp

335.11%-314.8pp

73.15%-52.8pp

Employer contribution / active EE

$2,953

$2,223+32.8%

$3,786-22.0%

$2,343+26.1%

Participant deferral / active EE

$6,356

$3,297+92.8%

$4,482+41.8%

$3,332+90.8%

Admin fee / account holder

$10,445

$5,066+106.2%

$8,021+30.2%

$4,645+124.8%

EMPLOYEE BENEFIT PLAN OF PRESTIGE WINE IMPORTS CORP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF PRESTIGE WINE IMPORTS CORP

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