Retirement plan

FIREWORKS BY GRUCCI INC PROFIT SHARING PLAN

Name: FIREWORKS BY GRUCCI INC - FIREWORKS BY GRUCCI INC PROFIT SHARING PLAN (2016) Form 5500
Creator: FIREWORKS BY GRUCCI INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIREWORKS BY GRUCCI INC PROFIT SHARING PLAN, FIREWORKS BY GRUCCI INC

FIREWORKS BY GRUCCI INCEIN 11-2754337Plan #001PY 2016

20 PINEHURST DRIVE - BELLPORT, NY 117130000631-286-0088grucci.comLinkedIn51-200 employeesentertainment

Prospect flagsLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$2.5M

No prior year

Total participants

118

No prior year

Average account balance

$25,324

No prior year

Annual return

8.89%

No prior year

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.83M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

35.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$281K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+20.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$759

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 2 by compensation

Provider	Service type	Compensation
NATIONWIDE2+ years Service code 64 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping Fees	$5,515
AMERICAN PORTFOLIOS FINANCIAL2+ years Filed as: AMERICAN PORTFOLIOS Service code 28 4250 VETERANS MEMORIAL HWY STE 420E · HOLBROOK, NY 11741	Investment Management	$5,004

Plan features & details

Pension benefit codes2A2E2H2J3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$8K

$78 / participant

Investment mgmt$6K66.8%
Other / not subdivided$3K33.2%

% of EOY assets

0.333%

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: JANOVER LLC
Auditor EIN: 113258497
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,324

$60,165-57.9%

$74,183-65.9%

$55,167-54.1%

Participation rate

83.3%

74.2%+9.2pp

76.6%+6.7pp

69.0%+14.3pp

Annual return

8.89%

10.00%-1.1pp

17.74%-8.8pp

169.23%-160.3pp

Employer contribution / active EE

$1,600-100.0%

$2,370-100.0%

$1,963-100.0%

Participant deferral / active EE

$781

$2,973-73.7%

$3,550-78.0%

$3,054-74.4%

Admin fee / account holder

$84

$419-79.9%

$5,586-98.5%

$504-83.3%

Provider

Service type

Compensation

NATIONWIDE2+ years

Service code 64 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping Fees

$5,515

AMERICAN PORTFOLIOS FINANCIAL2+ years

Filed as: AMERICAN PORTFOLIOS

Service code 28

4250 VETERANS MEMORIAL HWY STE 420E · HOLBROOK, NY 11741

Investment Management

$5,004

FIREWORKS BY GRUCCI INC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FIREWORKS BY GRUCCI INC PROFIT SHARING 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