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 (2017) 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 2017

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)

$9.9M

+0.9% from 2016

Total participants

143

+0.7% from 2016

Average account balance

$78,373

+1.7% from 2016

Annual return

13.80%

+6.75 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

$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

$78,373

$71,192+10.1%

$117,861-33.5%

$62,293+25.8%

Participation rate

86.3%

74.2%+12.1pp

79.7%+6.6pp

69.5%+16.8pp

Annual return

13.80%

18.66%-4.9pp

335.11%-321.3pp

28.90%-15.1pp

Employer contribution / active EE

$1,054

$1,934-45.5%

$3,786-72.2%

$2,042-48.4%

Participant deferral / active EE

$984

$3,189-69.1%

$4,482-78.0%

$3,169-68.9%

Admin fee / account holder

$587-100.0%

$8,021-100.0%

$479-100.0%

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