Retirement plan

I. D. BOOTH, INC. PROFIT SHARING 401(K) PLAN

Name: I.D. BOOTH, INC. - I. D. BOOTH, INC. PROFIT SHARING 401(K) PLAN (2016) Form 5500
Creator: I.D. BOOTH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, I. D. BOOTH, INC. PROFIT SHARING 401(K) PLAN, I.D. BOOTH, INC.

I.D. BOOTH, INC.EIN 16-0356550Plan #001PY 2016

620 WILLIAM STREET, P.O. BOX 579 - ELMIRA, NY 14902607-733-9121idbooth.comLinkedIn51-200 employeeswholesale

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$9.8M

+2.7% from 2015

Total participants

142

+6.8% from 2015

Average account balance

$77,042

+1.1% from 2015

Annual return

7.05%

+3.59 pp from 2015

Benchmarks

See 2,366 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,366 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.22M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

136

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.

98.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$496K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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 codes2E2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SWIANTEK, KLING & PASIEKA, LLP
Auditor EIN: 263370856
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$77,042

$63,924+20.5%

$108,582-29.0%

$55,167+39.7%

Participation rate

88.4%

74.3%+14.0pp

79.6%+8.8pp

69.0%+19.4pp

Annual return

7.05%

15.31%-8.3pp

-51.70%+58.7pp

169.23%-162.2pp

Employer contribution / active EE

$1,114

$1,879-40.7%

$3,758-70.4%

$1,963-43.2%

Participant deferral / active EE

$1,135

$3,067-63.0%

$4,311-73.7%

$3,054-62.8%

Admin fee / account holder

$618-100.0%

$7,645-100.0%

$504-100.0%

I. D. BOOTH, INC. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

I. D. BOOTH, INC. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion