Retirement plan

SCHAEFER PLUMBING SUPPLY CO., INC. 401-K PROFIT SHARING PLAN

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

SCHAEFER PLUMBING SUPPLY CO., INC.EIN 16-0624100Plan #001PY 2016

146 CLINTON STREET - BUFFALO, NY 14203716-853-2406

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.1M

+4.3% from 2015

Total participants

-17.6% from 2015

Average account balance

$61,237

+31.1% from 2015

Annual return

7.34%

+7.75 pp from 2015

Benchmarks

See 9,335 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,335 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.44M

Not enough data

1 years with asset history on file

Average account balance

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

$118K

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.

80.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$89K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+14.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6316

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 codes2E2G2J2F

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all 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.

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

$138K

$3640 / participant

Other / not subdivided$138K100.0%

% of EOY assets

6.453%

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

$61,237

$69,977-12.5%

$108,582-43.6%

$62,881-2.6%

Participation rate

81.6%

72.9%+8.7pp

79.6%+2.0pp

69.3%+12.3pp

Annual return

7.34%

10.73%-3.4pp

-51.70%+59.0pp

20.14%-12.8pp

Employer contribution / active EE

$2,135-100.0%

$3,758-100.0%

$2,281-100.0%

Participant deferral / active EE

$2,009

$3,165-36.5%

$4,311-53.4%

$3,203-37.3%

Admin fee / account holder

$3,952

$5,076-22.2%

$7,645-48.3%

$4,296-8.0%

SCHAEFER PLUMBING SUPPLY CO., INC. 401-K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCHAEFER PLUMBING SUPPLY CO., INC. 401-K 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