Retirement plan

UNION BEER EMPLOYEE SAVINGS TRUST

Name: UB DISTRIBUTORS, LLC - UNION BEER EMPLOYEE SAVINGS TRUST (2017) Form 5500
Creator: UB DISTRIBUTORS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNION BEER EMPLOYEE SAVINGS TRUST, UB DISTRIBUTORS, LLC

UB DISTRIBUTORS, LLCEIN 11-3310559Plan #002PY 2017

ELDER AVENUE EXTENSION, P.O. BOX K - KINGSTON, MA 023640510781-585-5165

Other plans on this EIN

1 filing

#001Retirement-$5.5M assets

Prospect flagsLow returnsHigh cashFailed to transmit contributions

How to read this page

Total assets (EOY)

$12.5M

+27.7% from 2016

Total participants

388

+22.0% from 2016

Average account balance

$33,519

+8.5% from 2016

Annual return

11.73%

+6.70 pp from 2016

Benchmarks

See 2,371 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,371 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-100.00%

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

Top 1 by compensation

Provider	Service type	Compensation
TONNESON & COMPANY, PC3+ years Filed as: TONNESON AND COMPANY, P.C. Service code 10 · EIN 04-2943536	Accounting	$25,741

Plan features & details

Pension benefit codes2E2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$30K

$123 / participant

Other / not subdivided$30K100.0%

% of EOY assets

0.243%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: TONNESON AND COMPANY, PC
Auditor EIN: 042943536
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,519

$71,192-52.9%

$117,861-71.6%

$62,293-46.2%

Participation rate

93.5%

74.2%+19.3pp

79.7%+13.8pp

69.5%+24.0pp

Annual return

11.73%

18.66%-6.9pp

335.11%-323.4pp

28.90%-17.2pp

Employer contribution / active EE

$5,154

$1,934+166.5%

$3,786+36.1%

$2,042+152.4%

Participant deferral / active EE

$3,057

$3,189-4.1%

$4,482-31.8%

$3,169-3.5%

Admin fee / account holder

$81

$587-86.2%

$8,021-99.0%

$479-83.0%

Provider

Service type

Compensation

TONNESON & COMPANY, PC3+ years

Filed as: TONNESON AND COMPANY, P.C.

Service code 10 · EIN 04-2943536

Accounting

$25,741

UNION BEER EMPLOYEE SAVINGS TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNION BEER EMPLOYEE SAVINGS 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