Retirement plan

THE UNITED DISTRIBUTION GROUP 401(K) PLAN

Name: THE UNITED DISTRIBUTION GROUP - THE UNITED DISTRIBUTION GROUP 401(K) PLAN (2024) Form 5500
Creator: THE UNITED DISTRIBUTION GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE UNITED DISTRIBUTION GROUP 401(K) PLAN, THE UNITED DISTRIBUTION GROUP

THE UNITED DISTRIBUTION GROUPEIN 20-4686712Plan #001PY 2024

P.O. BOX 8300 - BRISTOL, VA 242038300423-573-7300

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$63M

+8.3% from 2023

Total participants

762

0.0% from 2023

Average account balance

$82,688

+8.3% from 2023

Annual return

11.34%

-1.54 pp from 2023

Benchmarks

See 1,403 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,403 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$63.01M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

762

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

$3.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 3 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC1 year Service code 27 PO BOX 198928 · NASHVILLE, TN 37238	Advisory (Plan)	$20,433
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$16,116
PRUDENTIAL RETIREMENT INSURANCE AND3 years Filed as: PRUDENTIAL RETIREMENT INS & ANTY CO Service code 13 · EIN 06-1050034	Contract Administrator	$2,515

Plan features & details

Pension benefit codes2E2J2K2G2F3D

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.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$7K

$12 / participant

Contract admin$7K100.0%

% of EOY assets

0.011%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BROWN, EDWARDS & COMPANY, L.L.P.
Auditor EIN: 540504608
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$82,688

$89,465-7.6%

$165,071-49.9%

$77,736+6.4%

Participation rate

100.0%

78.6%+21.4pp

70.6%+29.4pp

Annual return

11.34%

28.86%-17.5pp

70.17%-58.8pp

31.26%-19.9pp

Employer contribution / active EE

$1,596

$2,565-37.8%

$4,347-63.3%

$2,728-41.5%

Participant deferral / active EE

$4,717

$4,904-3.8%

$6,035-21.8%

$4,651+1.4%

Admin fee / account holder

$340-97.2%

$12,695-99.9%

$433-97.8%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC1 year

Service code 27

PO BOX 198928 · NASHVILLE, TN 37238

Advisory (Plan)

$20,433

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INS CO OF AMERICA

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$16,116

PRUDENTIAL RETIREMENT INSURANCE AND3 years

Filed as: PRUDENTIAL RETIREMENT INS & ANTY CO

Service code 13 · EIN 06-1050034

Contract Administrator

$2,515

THE UNITED DISTRIBUTION GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE UNITED DISTRIBUTION GROUP 401(K) 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