Retirement plan

GLOBE STORAGE & MOVING COMPANY, INC. PROFIT SHARING PLAN

Name: GLOBE STORAGE & MOVING CO., INC. . - GLOBE STORAGE & MOVING COMPANY, INC. PROFIT SHARING PLAN (2016) Form 5500
Creator: GLOBE STORAGE & MOVING CO., INC. .
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GLOBE STORAGE & MOVING COMPANY, INC. PROFIT SHARING PLAN, GLOBE STORAGE & MOVING CO., INC. .

GLOBE STORAGE & MOVING CO., INC. .EIN 13-3249475Plan #002PY 2016

665 BROADWAY SUITE 301 - NEW YORK, NY 10012212-925-3555LinkedIn11-50 employees

Other plans on this EIN

1 filing

#001Retirement-$4.6M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.3M

+6.5% from 2015

Total participants

-5.6% from 2015

Average account balance

$196,133

+12.7% from 2015

Annual return

2.99%

+4.85 pp from 2015

Benchmarks

See 880 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort880 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.62M

Not enough data

1 years with asset history on file

Average account balance

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

$331K

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.

121.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$240K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+8.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2701

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 codes2E2J

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.

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

$118K

$8404 / participant

Other / not subdivided$118K100.0%

% of EOY assets

3.528%

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

$196,133

$74,879,922-99.7%

$40,145,923-99.5%

$273,972-28.4%

Participation rate

100.0%

74.1%+25.9pp

68.4%+31.6pp

83.0%+17.0pp

Annual return

2.99%

2.55%+0.4pp

5.24%-2.2pp

41.46%-38.5pp

Employer contribution / active EE

$8,026

$2,350+241.5%

$1,844+335.3%

$4,869+64.9%

Participant deferral / active EE

$8,179

$2,962+176.1%

$2,591+215.7%

$5,287+54.7%

Admin fee / account holder

$6,921

$3,725+85.8%

$2,903+138.4%

$10,133-31.7%

GLOBE STORAGE & MOVING COMPANY, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLOBE STORAGE & MOVING COMPANY, 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