Retirement plan

UDELL JEWELERS, INC. D/B/A LONDON JEWELERS & AFFILIATES 401(K) PLAN

Name: UDELL JEWELERS, INC. D/B/A LONDON JEWELERS & AFFILIATES - UDELL JEWELERS, INC. D/B/A LONDON JEWELERS & AFFILIATES 401(K) PLAN (2015) Form 5500
Creator: UDELL JEWELERS, INC. D/B/A LONDON JEWELERS & AFFILIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UDELL JEWELERS, INC. D/B/A LONDON JEWELERS & AFFILIATES 401(K) PLAN, UDELL JEWELERS, INC. D/B/A LONDON JEWELERS & AFFILIATES

UDELL JEWELERS, INC. D/B/A LONDON JEWELERS & AFFILIATESEIN 11-2393206Plan #001PY 2015

28 SCHOOL ST - GLEN COVE, NY 115422512516-277-2044LinkedIn201-500 employeesluxury goods & jewelry

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$5.7M

No prior year

Total participants

197

No prior year

Average account balance

$79,810

No prior year

Annual return

-0.19%

No prior year

Benchmarks

See 2,153 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,153 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.40M

Not enough data

1 years with asset history on file

Average account balance

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

$95K

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.

173

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.

52.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$369

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

Top 6 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS INS AGENCY LLC Service code 49 · EIN 54-0910269	Other Services	$11,348
UNITED BENEFIT PENSIONS INC.1+ years Service code 49 · EIN 36-4517541	Other Services	$2,837
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Filed as: MASS MUTUAL LIFE INSURANCE COMPANY Service code 15 · EIN 04-1590850	Recordkeeping	$1,204
MESIROW FINANCIAL INVESTMENT MANAGE1+ years Filed as: MESIROW FINANCIAL INV. MANAGEMENT, Service code 27	Advisory (Plan)	$18
MORNINGSTAR1+ years Filed as: MORNINGSTAR ASSOCIATES, LLC Service code 49 · EIN 36-4317381	Other Services	$15
MESIROW FINANCIAL INVESTMENT MANAGE1+ years Service code 27 · EIN 36-3429599	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$934

$5 / participant

Contract admin$934100.0%

% of EOY assets

0.016%

all-in expense ratio

Categories reported

1 / 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: NUSSBAUM YATES BERG KLEIN & WOLPOW
Auditor EIN: 260221653
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$79,810

$39,245+103.4%

$64,105+24.5%

$52,331+52.5%

Participation rate

32.3%

58.2%-26.0pp

68.2%-35.9pp

68.1%-35.8pp

Annual return

-0.19%

14.79%-15.0pp

791.24%-791.4pp

4.54%-4.7pp

Employer contribution / active EE

$736-100.0%

$1,820-100.0%

$1,882-100.0%

Participant deferral / active EE

$2,591

$1,992+30.1%

$2,822-8.2%

$3,022-14.3%

Admin fee / account holder

$13

$592-97.8%

$4,499-99.7%

$592-97.8%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.1+ years

Filed as: WELLS FARGO ADVISORS INS AGENCY LLC

Service code 49 · EIN 54-0910269

Other Services

$11,348

UNITED BENEFIT PENSIONS INC.1+ years

Service code 49 · EIN 36-4517541

Other Services

$2,837

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Filed as: MASS MUTUAL LIFE INSURANCE COMPANY

Service code 15 · EIN 04-1590850

Recordkeeping

$1,204

MESIROW FINANCIAL INVESTMENT MANAGE1+ years

Filed as: MESIROW FINANCIAL INV. MANAGEMENT,

Service code 27

Advisory (Plan)

$18

MORNINGSTAR1+ years

Filed as: MORNINGSTAR ASSOCIATES, LLC

Service code 49 · EIN 36-4317381

Other Services

$15

MESIROW FINANCIAL INVESTMENT MANAGE1+ years

Service code 27 · EIN 36-3429599

Advisory (Plan)

UDELL JEWELERS, INC. D/B/A LONDON JEWELERS & AFFILIATES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UDELL JEWELERS, INC. D/B/A LONDON JEWELERS & AFFILIATES 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