Retirement plan

GEORGE J PHILLIPS INC SELF-EMPLOYED 401(K)M PLAN

Name: GEORGE J PHILLIPS INC - GEORGE J PHILLIPS INC SELF-EMPLOYED 401(K)M PLAN (2020) Form 5500
Creator: GEORGE J PHILLIPS INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GEORGE J PHILLIPS INC SELF-EMPLOYED 401(K)M PLAN, GEORGE J PHILLIPS INC

GEORGE J PHILLIPS INCEIN 11-2152239Plan #001PY 2020

153 BROADWAY - HICKSVILLE, NY 118014297516-931-5265LinkedIn1-10 employees

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$417K

+6.2% from 2019

Total participants

0.0% from 2019

Average account balance

$208,419

+6.2% from 2019

Annual return

-6.30%

+30.03 pp from 2019

Benchmarks

See 22,196 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,196 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$434K

Not enough data

1 years with asset history on file

Average account balance

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

$217K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$100K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$50K

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

-9.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2J

Plan features

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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2 / participant

Other / not subdivided$4100.0%

% of EOY assets

0.001%

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

$208,419

$162,812+28.0%

$133,971+55.6%

$158,966+31.1%

Participation rate

100.0%

83.2%+16.8pp

79.8%+20.2pp

82.0%+18.0pp

Annual return

-6.30%

41.94%-48.2pp

45.09%-51.4pp

302.95%-309.2pp

Employer contribution / active EE

$19,000

$4,976+281.8%

$3,919+384.8%

$4,762+299.0%

Participant deferral / active EE

$5,541

$5,910-6.2%

$5,047+9.8%

$5,983-7.4%

Admin fee / account holder

$11,741-100.0%

$8,929-100.0%

$11,250-100.0%

GEORGE J PHILLIPS INC SELF-EMPLOYED 401(K)M PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GEORGE J PHILLIPS INC SELF-EMPLOYED 401(K)M 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