Retirement plan

CANDLE LAMP COMPANY, LLC 401(K) PROFIT SHARING PLAN AND TRUST

Name: CANDLE LAMP COMPANY, LLC - CANDLE LAMP COMPANY, LLC 401(K) PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: CANDLE LAMP COMPANY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CANDLE LAMP COMPANY, LLC 401(K) PROFIT SHARING PLAN AND TRUST, CANDLE LAMP COMPANY, LLC

CANDLE LAMP COMPANY, LLCEIN 20-5599323Plan #001PY 2016

1880 COMPTON AVENUE, SUITE 101 - CORONA, CA 92881951-248-4111

Prospect flagsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$6.4M

+22.3% from 2015

Total participants

275

+19.6% from 2015

Average account balance

$26,191

+5.8% from 2015

Annual return

8.95%

+10.07 pp from 2015

Benchmarks

See 2,356 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,356 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.42M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

260

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.

98.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.48M

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

+12.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$260

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 2 by compensation

Provider	Service type	Compensation
ROYAL ALLIANCE ASSOCIATES INC2+ years Service code 55 · EIN 93-0987232	Other Commissions	$21,154
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 37 · EIN 04-2647786	Loan Processing	$7,425

Plan features & details

Pension benefit codes2E2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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

$29 / participant

Other / not subdivided$7K100.0%

% of EOY assets

0.116%

all-in expense ratio

Categories reported

0 / 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: SQUAR MILNER LLP
Auditor EIN: 330835986
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,191

$63,905-59.0%

$74,184-64.7%

$57,658-54.6%

Participation rate

88.1%

79.8%+8.3pp

76.6%+11.5pp

70.2%+17.9pp

Annual return

8.95%

60.60%-51.7pp

17.74%-8.8pp

5.13%+3.8pp

Employer contribution / active EE

$1,244

$1,840-32.4%

$2,370-47.5%

$1,974-37.0%

Participant deferral / active EE

$2,150

$3,448-37.7%

$3,550-39.4%

$3,061-29.8%

Admin fee / account holder

$30

$91-66.7%

$5,586-99.5%

$95-67.9%

Provider

Service type

Compensation

ROYAL ALLIANCE ASSOCIATES INC2+ years

Service code 55 · EIN 93-0987232

Other Commissions

$21,154

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 37 · EIN 04-2647786

Loan Processing

$7,425

CANDLE LAMP COMPANY, LLC 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CANDLE LAMP COMPANY, LLC 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