Retirement plan

THE C. D. HARTNETT COMPANY EMPLOYEES PROFIT SHARING PLAN

Name: MCLANE EXPRESS, INC. - THE C. D. HARTNETT COMPANY EMPLOYEES PROFIT SHARING PLAN (2019) Form 5500
Creator: MCLANE EXPRESS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE C. D. HARTNETT COMPANY EMPLOYEES PROFIT SHARING PLAN, MCLANE EXPRESS, INC.

MCLANE EXPRESS, INC.dba DBA THE C. D. HARTNETT COMPANYEIN 20-1441131Plan #001PY 2019

302 NORTH MAIN STREET - WEATHERFORD, TX 76086817-594-3813

Prospect flagsLow returnsLow participant contribution

How to read this page

Total assets (EOY)

$6.5M

-2.2% from 2018

Total participants

180

-14.3% from 2018

Average account balance

$37,053

+16.6% from 2018

Annual return

17.06%

+22.48 pp from 2018

Benchmarks

See 2,363 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,363 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.63M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

171

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

$276K

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

+11.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$317

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 4 by compensation

Provider	Service type	Compensation
LUTHER KING CAPITAL MANAGEMENT5+ years Service code 27 · EIN 75-1630300 301 COMMERCE STREET · FORT WORTH, TX 76102	Advisory (Plan)	$20,694
WEAVER AND TIDWELL, LLP5+ years Filed as: WEAVER & TIDWELL, L.L.P Service code 10 · EIN 75-0786316 2821 WEST 7TH STREET · FORT WORTH, TX 76107	Accounting	$11,100
FROST BANK5+ years Filed as: FROST BANK, N.A. Service code 15 · EIN 74-6036463 4200 SOUTH HULEN · FORT WORTH, TX 76109	Recordkeeping	$9,607
401K ADVISORS INC5+ years Filed as: 401K PLUS, INC. Service code 13 · EIN 75-1793879 700 HIGHLANDER BOULEVARD · ARLINGTON, TX 76015	Contract Administrator	$8,515

Plan features & details

Pension benefit codes2E2J3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$50K

$328 / participant

Investment mgmt$21K41.5%
Contract admin$10K19.2%
Other / not subdivided$20K39.3%

% of EOY assets

0.765%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WEAVER & TIDWELL, L.L.P.
Auditor EIN: 750786316
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,053

$86,341-57.1%

$125,195-70.4%

$65,186-43.2%

Participation rate

97.4%

75.3%+22.1pp

79.8%+17.6pp

70.2%+27.2pp

Annual return

17.06%

27.44%-10.4pp

43.79%-26.7pp

29.39%-12.3pp

Employer contribution / active EE

$1,974

$2,040-3.2%

$3,866-48.9%

$2,177-9.3%

Participant deferral / active EE

$425

$3,538-88.0%

$4,937-91.4%

$3,514-87.9%

Admin fee / account holder

$284

$609-53.5%

$9,704-97.1%

$847-66.5%

Provider

Service type

Compensation

LUTHER KING CAPITAL MANAGEMENT5+ years

Service code 27 · EIN 75-1630300

301 COMMERCE STREET · FORT WORTH, TX 76102

Advisory (Plan)

$20,694

WEAVER AND TIDWELL, LLP5+ years

Filed as: WEAVER & TIDWELL, L.L.P

Service code 10 · EIN 75-0786316

2821 WEST 7TH STREET · FORT WORTH, TX 76107

Accounting

$11,100

FROST BANK5+ years

Filed as: FROST BANK, N.A.

Service code 15 · EIN 74-6036463

4200 SOUTH HULEN · FORT WORTH, TX 76109

Recordkeeping

$9,607

401K ADVISORS INC5+ years

Filed as: 401K PLUS, INC.

Service code 13 · EIN 75-1793879

700 HIGHLANDER BOULEVARD · ARLINGTON, TX 76015

Contract Administrator

$8,515

THE C. D. HARTNETT COMPANY EMPLOYEES PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE C. D. HARTNETT COMPANY EMPLOYEES 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