Retirement plan

J G B ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: J G B ENTERPRISES, INC. - J G B ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: J G B ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, J G B ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN AND TRUST, J G B ENTERPRISES, INC.

J G B ENTERPRISES, INC.EIN 16-1077780Plan #001PY 2016

115 METROPOLITAN PARK DR. - LIVERPOOL, NY 13088315-451-2770echelonsupply.comLinkedIn201-500 employeeswholesale

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$10.9M

+10.6% from 2015

Total participants

264

+5.2% from 2015

Average account balance

$51,488

+4.8% from 2015

Annual return

7.23%

+7.22 pp from 2015

Benchmarks

See 1,948 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,948 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.27M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

210

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.

45.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$586K

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

+15.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$54

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

Top 1 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.2+ years Filed as: THE VANGUARD GROUP,INC. Service code 15 · EIN 23-1945930	Recordkeeping	$1,950

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$725

$3 / participant

Other / not subdivided$725100.0%

% of EOY assets

0.007%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BOWERS & COMPANY, PLLC
Auditor EIN: 201317788
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,488

$56,640-9.1%

$78,002-34.0%

$55,167-6.7%

Participation rate

77.7%

73.3%+4.4pp

75.5%+2.2pp

69.0%+8.7pp

Annual return

7.23%

2868.48%-2861.2pp

425.99%-418.8pp

169.23%-162.0pp

Employer contribution / active EE

$429

$1,724-75.1%

$2,470-82.6%

$1,963-78.1%

Participant deferral / active EE

$2,392

$2,778-13.9%

$3,497-31.6%

$3,054-21.7%

Admin fee / account holder

$467-99.3%

$5,481-99.9%

$504-99.3%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.2+ years

Filed as: THE VANGUARD GROUP,INC.

Service code 15 · EIN 23-1945930

Recordkeeping

$1,950

J G B ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

J G B ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN AND 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