Retirement plan

GLOBE STORAGE & MOVING COMPANY, INC. PROFIT SHARING PLAN

Name: GLOBE STORAGE & MOVING CO., INC. - GLOBE STORAGE & MOVING COMPANY, INC. PROFIT SHARING PLAN (2021) 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 2021

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

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$5.2M

+13.5% from 2020

Total participants

-6.3% from 2020

Average account balance

$347,581

+21.1% from 2020

Annual return

7.46%

+2.61 pp from 2020

Benchmarks

See 1,285 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort1,285 peers

Snapshot2021

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

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1K

$102 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.027%

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

$347,581

$136,433+154.8%

$98,864+251.6%

$167,553+107.4%

Participation rate

100.0%

70.3%+29.7pp

65.7%+34.3pp

82.1%+17.9pp

Annual return

7.46%

67.76%-60.3pp

50.03%-42.6pp

478.89%-471.4pp

Employer contribution / active EE

$10,734

$2,636+307.2%

$2,070+418.7%

$4,840+121.8%

Participant deferral / active EE

$9,171

$3,721+146.4%

$3,037+201.9%

$6,343+44.6%

Admin fee / account holder

$96

$5,039-98.1%

$4,080-97.7%

$12,316-99.2%

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