Retirement plan

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

Name: UDELL JEWELERS, INC. D/B/A LONDON JEWELERS & - UDELL JEWELERS, INC. D/B/A LONDON JEWELERS & AFFILIATES 401(K) PLAN (2017) Form 5500
Creator: UDELL JEWELERS, INC. D/B/A LONDON JEWELERS &
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 &

UDELL JEWELERS, INC. D/B/A LONDON JEWELERS &EIN 11-2393206Plan #001PY 2017

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$7.9M

+14.0% from 2016

Total participants

195

-6.3% from 2016

Average account balance

$98,422

+8.3% from 2016

Annual return

14.98%

+1.15 pp from 2016

Benchmarks

See 2,319 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,319 peers

Snapshot2017

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 7 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.3+ years Filed as: WELLS FARGO ADVISORS INS AGENCY LLC Service code 49 · EIN 54-0910269	Other Services	$12,505
UNITED BENEFIT PENSIONS INC.3+ years Service code 49 · EIN 36-4517541	Other Services	$3,326
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Filed as: MASS MUTUAL LIFE INSURANCE COMPANY Service code 15 · EIN 04-1590850	Recordkeeping	$584
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH & MANAGEMENT CO., Service code 64 · EIN 95-6817943	Recordkeeping Fees	$515
MORNINGSTAR3+ years Filed as: MORNINGSTAR ASSOCIATES, LLC Service code 49 · EIN 36-4317381	Other Services	$21
MESIROW FINANCIAL INVESTMENT MANAGE3+ years Filed as: MESIROW FINANCIAL INV. MANAGEMENT, Service code 27	Advisory (Plan)	$20
MESIROW FINANCIAL INVESTMENT MANAGE3+ 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

$575

$3 / participant

Contract admin$575100.0%

% of EOY assets

0.007%

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

$98,422

$51,466+91.2%

$78,778+24.9%

$62,293+58.0%

Participation rate

37.5%

59.8%-22.3pp

69.2%-31.7pp

69.5%-32.0pp

Annual return

14.98%

19.96%-5.0pp

35.62%-20.6pp

28.90%-13.9pp

Employer contribution / active EE

$827-100.0%

$1,986-100.0%

$2,042-100.0%

Participant deferral / active EE

$3,107

$2,147+44.7%

$2,958+5.0%

$3,169-1.9%

Admin fee / account holder

$489-98.5%

$5,134-99.9%

$479-98.5%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.3+ years

Filed as: WELLS FARGO ADVISORS INS AGENCY LLC

Service code 49 · EIN 54-0910269

Other Services

$12,505

UNITED BENEFIT PENSIONS INC.3+ years

Service code 49 · EIN 36-4517541

Other Services

$3,326

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Filed as: MASS MUTUAL LIFE INSURANCE COMPANY

Service code 15 · EIN 04-1590850

Recordkeeping

$584

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH & MANAGEMENT CO.,

Service code 64 · EIN 95-6817943

Recordkeeping Fees

$515

MORNINGSTAR3+ years

Filed as: MORNINGSTAR ASSOCIATES, LLC

Service code 49 · EIN 36-4317381

Other Services

$21

MESIROW FINANCIAL INVESTMENT MANAGE3+ years

Filed as: MESIROW FINANCIAL INV. MANAGEMENT,

Service code 27

Advisory (Plan)

$20

MESIROW FINANCIAL INVESTMENT MANAGE3+ 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