Retirement plan

HUDSON NEWS DISTRIBUTORS COLLECTIVELY BARGAINED THRIFT PLAN

Name: HUDSON NEWS DISTRIBUTORS - HUDSON NEWS DISTRIBUTORS COLLECTIVELY BARGAINED THRIFT PLAN (2018) Form 5500
Creator: HUDSON NEWS DISTRIBUTORS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HUDSON NEWS DISTRIBUTORS COLLECTIVELY BARGAINED THRIFT PLAN, HUDSON NEWS DISTRIBUTORS

HUDSON NEWS DISTRIBUTORSEIN 11-3668123Plan #007PY 2018

701 JEFFERSON ROAD - PARSIPPANY, NJ 07054201-867-3600hudsonlms.comLinkedIn201-500 employeesretail

Other plans on this EIN

3 filings

#001Retirement-$8.7M assets #002Retirement-$2.1M assets #006Retirement-$1.1M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$13M

-6.0% from 2017

Total participants

-3.3% from 2017

Average account balance

$235,863

-4.3% from 2017

Annual return

-1.51%

-22.59 pp from 2017

Benchmarks

See 9,277 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,277 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.54M

Not enough data

1 years with asset history on file

Average account balance

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

$448K

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.

127.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$172K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+15.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$36153

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 codes2E2F2G2J2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$1.1M

$20198 / participant

Other / not subdivided$1M100.0%

% of EOY assets

8.252%

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

$235,863

$72,404+225.8%

$110,243+113.9%

$64,173+267.5%

Participation rate

94.3%

73.3%+21.0pp

79.8%+14.5pp

69.6%+24.8pp

Annual return

-1.51%

-6.29%+4.8pp

314.76%-316.3pp

7.63%-9.1pp

Employer contribution / active EE

$5,155

$2,282+125.9%

$3,827+34.7%

$2,381+116.5%

Participant deferral / active EE

$3,013

$3,469-13.1%

$4,672-35.5%

$3,470-13.2%

Admin fee / account holder

$19,464

$5,664+243.6%

$8,548+127.7%

$4,887+298.3%

HUDSON NEWS DISTRIBUTORS COLLECTIVELY BARGAINED THRIFT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HUDSON NEWS DISTRIBUTORS COLLECTIVELY BARGAINED THRIFT 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