Retirement plan

KNAPP SCHLAPPI LUMBER CO INC 401K PROFIT SHARING PLAN TRUST

Name: KNAPP & SCHLAPPI LUMBER CO INC - KNAPP SCHLAPPI LUMBER CO INC 401K PROFIT SHARING PLAN TRUST (2019) Form 5500
Creator: KNAPP & SCHLAPPI LUMBER CO INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KNAPP SCHLAPPI LUMBER CO INC 401K PROFIT SHARING PLAN TRUST, KNAPP & SCHLAPPI LUMBER CO INC

KNAPP & SCHLAPPI LUMBER CO INCEIN 16-0979982Plan #001PY 2019

273 LAKE ST - PENN YAN, NY 145271804315-536-3383knappandschlappi.comLinkedIn11-50 employeesbuilding materials

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.1M

+31.4% from 2018

Total participants

+12.9% from 2018

Average account balance

$32,084

+16.3% from 2018

Annual return

19.72%

+24.71 pp from 2018

Benchmarks

See 9,366 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,366 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.01M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

131.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$189K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+9.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2721

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$1K

$48 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.120%

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

$32,084

$58,493-45.2%

$84,021-61.8%

$72,975-56.0%

Participation rate

100.0%

61.2%+38.8pp

69.0%+31.0pp

69.5%+30.5pp

Annual return

19.72%

28.93%-9.2pp

71.32%-51.6pp

81.01%-61.3pp

Employer contribution / active EE

$1,674

$1,163+43.9%

$1,984-15.6%

$2,440-31.4%

Participant deferral / active EE

$1,893

$2,394-20.9%

$3,239-41.6%

$3,608-47.5%

Admin fee / account holder

$39

$4,569-99.2%

$6,102-99.4%

$5,124-99.2%

KNAPP SCHLAPPI LUMBER CO INC 401K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KNAPP SCHLAPPI LUMBER CO INC 401K PROFIT SHARING PLAN TRUST

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