Retirement plan

HELBY IMPORT, CO. 401(K) PROFIT SHARING PLAN & TRUST

Name: HELBY IMPORT, CO. - HELBY IMPORT, CO. 401(K) PROFIT SHARING PLAN & TRUST (2017) Form 5500
Creator: HELBY IMPORT, CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HELBY IMPORT, CO. 401(K) PROFIT SHARING PLAN & TRUST, HELBY IMPORT, CO.

HELBY IMPORT, CO.EIN 11-2664012Plan #001PY 2017

37 HAYWARD AVENUE - CARTERET, NJ 070083154732-969-5300helby.comLinkedIn11-50 employeeswholesale

Other plans on this EIN

1 filing

#002Retirement-$1.8M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$6.4M

+19.7% from 2016

Total participants

-1.1% from 2016

Average account balance

$70,602

+22.3% from 2016

Annual return

14.82%

+7.26 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

$9.59M

Not enough data

1 years with asset history on file

Average account balance

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

$188K

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.

87.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$338K

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

+13.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6806

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 codes2E2G2J3D

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.
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

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

$100K

$1299 / participant

Other / not subdivided$100K100.0%

% of EOY assets

1.557%

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

$70,602

$78,707-10.3%

$117,861-40.1%

$70,126+0.7%

Participation rate

98.7%

73.2%+25.5pp

79.7%+19.0pp

69.5%+29.2pp

Annual return

14.82%

23.30%-8.5pp

335.11%-320.3pp

73.15%-58.3pp

Employer contribution / active EE

$1,360

$2,223-38.8%

$3,786-64.1%

$2,343-41.9%

Participant deferral / active EE

$3,339

$3,297+1.3%

$4,482-25.5%

$3,332+0.2%

Admin fee / account holder

$1,099

$5,066-78.3%

$8,021-86.3%

$4,645-76.3%

HELBY IMPORT, CO. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HELBY IMPORT, CO. 401(K) PROFIT SHARING PLAN & TRUST

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