Retirement plan

PROFIT SHARING TRUST PLAN FOR THE EMPLOYEES OF FEDERAL BUSINESS PRODUCTS, INC.

Name: FEDERAL BUSINESS PRODUCTS, INC. - PROFIT SHARING TRUST PLAN FOR THE EMPLOYEES OF FEDERAL BUSINESS PRODUCTS, INC. (2017) Form 5500
Creator: FEDERAL BUSINESS PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROFIT SHARING TRUST PLAN FOR THE EMPLOYEES OF FEDERAL BUSINESS PRODUCTS, INC., FEDERAL BUSINESS PRODUCTS, INC.

FEDERAL BUSINESS PRODUCTS, INC.EIN 11-1897126Plan #001PY 2017

150 CLOVE ROAD - LITTLE FALLS, NJ 07424973-272-7075federalbusinesscenters.comLinkedIn11-50 employeesreal estate

Other plans on this EIN

1 filing

#002Retirement-$4.3M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$17M

+18.3% from 2016

Total participants

145

-4.0% from 2016

Average account balance

$120,512

+19.1% from 2016

Annual return

17.85%

+16.75 pp from 2016

Benchmarks

See 5,958 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,958 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.41M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

1416.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$109K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+6.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$75598

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

Top 1 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC2+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$3,939

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$4K

$39 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.021%

all-in expense ratio

Categories reported

0 / 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: TOPCHE & COMPANY, LLC
Auditor EIN: 460558140
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$120,512

$67,411+78.8%

$91,004+32.4%

$70,126+71.9%

Participation rate

95.7%

71.4%+24.3pp

75.6%+20.0pp

69.5%+26.1pp

Annual return

17.85%

-40.16%+58.0pp

4.60%+13.3pp

73.15%-55.3pp

Employer contribution / active EE

$502

$1,786-71.9%

$2,456-79.6%

$2,343-78.6%

Participant deferral / active EE

$2,114

$2,823-25.1%

$3,548-40.4%

$3,332-36.6%

Admin fee / account holder

$25

$4,236-99.4%

$5,417-99.5%

$4,645-99.5%

Provider

Service type

Compensation

T ROWE PRICE RPS INC2+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$3,939

PROFIT SHARING TRUST PLAN FOR THE EMPLOYEES OF FEDERAL BUSINESS PRODUCTS, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROFIT SHARING TRUST PLAN FOR THE EMPLOYEES OF FEDERAL BUSINESS PRODUCTS, INC.

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