Retirement plan

CLIFFORD FUEL CO., INC. EMPLOYEES' 401(K) SAVINGS & PROFIT SHARING PLAN

Name: CLIFFORD FUEL COMPANY, INC. - CLIFFORD FUEL CO., INC. EMPLOYEES' 401(K) SAVINGS & PROFIT SHARING PLAN (2017) Form 5500
Creator: CLIFFORD FUEL COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLIFFORD FUEL CO., INC. EMPLOYEES' 401(K) SAVINGS & PROFIT SHARING PLAN, CLIFFORD FUEL COMPANY, INC.

CLIFFORD FUEL COMPANY, INC.EIN 15-0620960Plan #005PY 2017

PO BOX 378 - MARCY, NY 13403315-797-2240cliffordfuel.comLinkedIn201-500 employeesoil & energy

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$5.9M

+10.9% from 2016

Total participants

202

+12.2% from 2016

Average account balance

$29,276

-21.6% from 2016

Annual return

6.57%

+5.97 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

$10.07M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

209

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.

91.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$545K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+10.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$215

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

1 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
MORGAN STANLEY SMITH BARNEY2+ years Filed as: MORGANSTANLEYSMITHBARNEY Service code 27 · EIN 26-4310632 106 BUSINESS PARK DRIVE · UTICA, NY 13502	Advisory (Plan)	$36,596

Plan features & details

Pension benefit codes2A2E3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$36K

$232 / participant

Contract admin$36K100.0%

% of EOY assets

0.615%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BONADIO & CO., LLP
Auditor EIN: 161131146
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,276

$71,192-58.9%

$117,861-75.2%

$62,293-53.0%

Participation rate

99.4%

74.2%+25.1pp

79.7%+19.7pp

69.5%+29.8pp

Annual return

6.57%

18.66%-12.1pp

335.11%-328.5pp

28.90%-22.3pp

Employer contribution / active EE

$2,235

$1,934+15.6%

$3,786-41.0%

$2,042+9.5%

Participant deferral / active EE

$3,189-100.0%

$4,482-100.0%

$3,169-100.0%

Admin fee / account holder

$180

$587-69.3%

$8,021-97.8%

$479-62.4%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY2+ years

Filed as: MORGANSTANLEYSMITHBARNEY

Service code 27 · EIN 26-4310632

106 BUSINESS PARK DRIVE · UTICA, NY 13502

Advisory (Plan)

$36,596

CLIFFORD FUEL CO., INC. EMPLOYEES' 401(K) SAVINGS & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLIFFORD FUEL CO., INC. EMPLOYEES' 401(K) SAVINGS & 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