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 (2017) 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 2017

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.5M

+14.5% from 2016

Total participants

-2.4% from 2016

Average account balance

$74,385

+21.5% from 2016

Annual return

14.76%

+7.42 pp from 2016

Benchmarks

See 9,327 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,327 peers

Snapshot2017

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

$74K

$2102 / participant

Other / not subdivided$74K100.0%

% of EOY assets

2.997%

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

$74,385

$78,707-5.5%

$117,861-36.9%

$70,126+6.1%

Participation rate

77.1%

73.2%+4.0pp

79.7%-2.5pp

69.5%+7.6pp

Annual return

14.76%

23.30%-8.5pp

335.11%-320.3pp

73.15%-58.4pp

Employer contribution / active EE

$2,223-100.0%

$3,786-100.0%

$2,343-100.0%

Participant deferral / active EE

$1,963

$3,297-40.5%

$4,482-56.2%

$3,332-41.1%

Admin fee / account holder

$2,229

$5,066-56.0%

$8,021-72.2%

$4,645-52.0%

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