Retirement plan

LAUB INTERNATIONAL, INC. NON-UNION PROFIT SHARING PLAN

Name: LAUB INTERNATIONAL, INC - LAUB INTERNATIONAL, INC. NON-UNION PROFIT SHARING PLAN (2022) Form 5500
Creator: LAUB INTERNATIONAL, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAUB INTERNATIONAL, INC. NON-UNION PROFIT SHARING PLAN, LAUB INTERNATIONAL, INC

LAUB INTERNATIONAL, INCEIN 16-1117490Plan #002PY 2022

1051 CLINTON STREET - BUFFALO, NY 14206716-853-3703laubinternational.comLinkedIn1-10 employeesmarketing and advertising

Other plans on this EIN

1 filing

#001Retirement-$557K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$265K

-18.2% from 2021

Total participants

0.0% from 2021

Average account balance

$37,801

-18.2% from 2021

Annual return

-17.68%

-26.01 pp from 2021

Benchmarks

See 1,423 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort1,423 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$459K

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$59K

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

+14.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2703

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 codes2E2F2G2J3D

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.
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

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

$23K

$3283 / participant

Other / not subdivided$23K100.0%

% of EOY assets

8.685%

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

$37,801

$117,777-67.9%

$71,778-47.3%

$134,545-71.9%

Participation rate

100.0%

68.9%+31.1pp

62.3%+37.7pp

81.2%+18.8pp

Annual return

-17.68%

25.46%-43.1pp

9.15%-26.8pp

418.37%-436.1pp

Employer contribution / active EE

$1,521

$2,525-39.8%

$1,704-10.8%

$4,742-67.9%

Participant deferral / active EE

$1,113

$3,756-70.4%

$2,656-58.1%

$6,401-82.6%

Admin fee / account holder

$3,283

$6,379-48.5%

$3,974-17.4%

$11,431-71.3%

LAUB INTERNATIONAL, INC. NON-UNION PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAUB INTERNATIONAL, INC. NON-UNION 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