Retirement plan

GLOBE STORAGE & MOVING COMPANY, INC.

Name: GLOBE STORAGE & MOVING CO., INC. - GLOBE STORAGE & MOVING COMPANY, INC. (2017) 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., GLOBE STORAGE & MOVING CO., INC.

GLOBE STORAGE & MOVING CO., INC.EIN 13-3249475Plan #002PY 2017

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

Other plans on this EIN

1 filing

#001Retirement-$6.3M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4M

+21.3% from 2016

Total participants

+5.9% from 2016

Average account balance

$224,625

+14.5% from 2016

Annual return

14.43%

+11.45 pp from 2016

Benchmarks

See 945 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort945 peers

Snapshot2017

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

$38K

$2505 / participant

Other / not subdivided$38K100.0%

% of EOY assets

0.929%

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

$224,625

$102,547+119.0%

$78,210+187.2%

$147,586+52.2%

Participation rate

100.0%

74.4%+25.6pp

68.7%+31.3pp

82.8%+17.2pp

Annual return

14.43%

51.08%-36.6pp

40.90%-26.5pp

578.59%-564.2pp

Employer contribution / active EE

$9,289

$2,617+255.0%

$2,034+356.8%

$4,876+90.5%

Participant deferral / active EE

$8,393

$3,481+141.1%

$2,823+197.3%

$5,439+54.3%

Admin fee / account holder

$2,088

$5,059-58.7%

$3,758-44.5%

$10,886-80.8%

GLOBE STORAGE & MOVING COMPANY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLOBE STORAGE & MOVING COMPANY, INC.

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