Retirement plan

THE LALLY GROUP RETIREMENT PLAN

Name: LALLY RIES LLC TWO MEN & A TRUCK - THE LALLY GROUP RETIREMENT PLAN (2022) Form 5500
Creator: LALLY RIES LLC TWO MEN & A TRUCK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE LALLY GROUP RETIREMENT PLAN, LALLY RIES LLC TWO MEN & A TRUCK

LALLY RIES LLC TWO MEN & A TRUCKEIN 20-0676798Plan #001PY 2022

1091 READING RD. - MASON, OH 45040513-459-8080

Prospect flagsLow participationLow assets / participantLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$546K

-5.5% from 2021

Total participants

188

-7.8% from 2021

Average account balance

$10,915

+0.2% from 2021

Annual return

-17.15%

-40.95 pp from 2021

Benchmarks

See 1,125 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,125 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$691K

Not enough data

1 years with asset history on file

Average account balance

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

$15K

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.

48.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$83K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$881

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

+9.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1085

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

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Service providers

Top 7 by compensation

Provider	Service type	Compensation
NATIONWIDE4 years Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$14,143
RAYMOND JAMES FINANCIAL SERVICES1 year Filed as: RAYMOND JAMES FINANCIAL SERVICE Service code 26	Advisory (Participants)	$3,935
CREATIVE RETIREMENT SYSTEMS, INC.1 year Filed as: CREATIVE RETIREMENT SYSTEMS Service code 34 · EIN 31-1299207 25 MERCHANT STREE SUITE 135 · CINCINNATI, OH 45246	Valuation (appraisals, etc.)	$450
IRON-CO-FID-COMPREHENSIVE1 year Filed as: IRON-CO-FID-TRADITIONAL Service code 21 · EIN 26-2409128 5440 W 110TH ST · SHAWNEE MISSION, KS 66211	Bank Trustee	$441
RAYMOND JAMES FINANCIAL SERVICES1 year Filed as: RAYMOND JAMES INSURANCE GROUP Service code 26 PO BOX 14524 · ST PETERSBURG, FL 33733	Advisory (Participants)	$293
NATIONWIDE1 year Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 15 · EIN 31-4156830 10 W NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215	Recordkeeping	$83
RAYMOND JAMES FINANCIAL SERVICES1 year Service code 26 PO BOX 14524 · ST PETERSBURG, FL 33733	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$3K

$19 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.547%

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: KOHRMAN FRYE & ASSOCIATES
Auditor EIN: 310997765
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,915

$63,471-82.8%

$68,808-84.1%

$66,938-83.7%

Participation rate

11.5%

60.0%-48.5pp

69.0%-57.5pp

69.8%-58.3pp

Annual return

-17.15%

-8.29%-8.9pp

-6.37%-10.8pp

1.58%-18.7pp

Employer contribution / active EE

$321

$1,776-81.9%

$2,656-87.9%

$2,545-87.4%

Participant deferral / active EE

$550

$2,946-81.3%

$3,942-86.0%

$4,238-87.0%

Admin fee / account holder

$60

$578-89.7%

$4,936-98.8%

$594-89.9%

Provider

Service type

Compensation

NATIONWIDE4 years

Service code 15 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$14,143

RAYMOND JAMES FINANCIAL SERVICES1 year

Filed as: RAYMOND JAMES FINANCIAL SERVICE

Service code 26

Advisory (Participants)

$3,935

CREATIVE RETIREMENT SYSTEMS, INC.1 year

Filed as: CREATIVE RETIREMENT SYSTEMS

Service code 34 · EIN 31-1299207

25 MERCHANT STREE SUITE 135 · CINCINNATI, OH 45246

Valuation (appraisals, etc.)

$450

IRON-CO-FID-COMPREHENSIVE1 year

Filed as: IRON-CO-FID-TRADITIONAL

Service code 21 · EIN 26-2409128

5440 W 110TH ST · SHAWNEE MISSION, KS 66211

Bank Trustee

$441

RAYMOND JAMES FINANCIAL SERVICES1 year

Filed as: RAYMOND JAMES INSURANCE GROUP

Service code 26

PO BOX 14524 · ST PETERSBURG, FL 33733

Advisory (Participants)

$293

NATIONWIDE1 year

Filed as: NATIONWIDE LIFE INSURANCE COMPANY

Service code 15 · EIN 31-4156830

10 W NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215

Recordkeeping

$83

RAYMOND JAMES FINANCIAL SERVICES1 year

Service code 26

PO BOX 14524 · ST PETERSBURG, FL 33733

Advisory (Participants)

THE LALLY GROUP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE LALLY GROUP RETIREMENT 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