Retirement plan

GENERAL TRADING CO. , INC. 401(K) PLAN

Name: GENERAL TRADING CO., INC. - GENERAL TRADING CO. , INC. 401(K) PLAN (2015) Form 5500
Creator: GENERAL TRADING CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GENERAL TRADING CO. , INC. 401(K) PLAN, GENERAL TRADING CO., INC.

GENERAL TRADING CO., INC.EIN 22-1720935Plan #001PY 2015

455 16TH STREET - CARLSTADT, NJ 07072201-935-7717LinkedIn51-200 employeescomputer software

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$16.8M

No prior year

Total participants

136

No prior year

Average account balance

$159,575

No prior year

Annual return

-0.41%

No prior year

Benchmarks

See 2,111 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,111 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.23M

Not enough data

1 years with asset history on file

Average account balance

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

$258K

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.

117.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$814K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$56991

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

Top 9 by compensation

Provider	Service type	Compensation
THE BANK OF NEW YORK MELLON1+ years Filed as: BANK OF AMERICA CORPORATION Service code 52	Indirect Investment Fees	$30,044
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Filed as: MASSACHUSETTS MUTUAL RETIREMENT Service code 15	Recordkeeping	$7,550
MERRILL LYNCH PIERCE FENNER & SMITH1+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 16 · EIN 13-5674085	Consulting	$7,418
CARON & BLETZER, PLLC1+ years Filed as: CARON & BLETZER Service code 10 · EIN 04-3499945	Accounting	$5,600
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$820
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Filed as: MASSACHUSETTS MUTUAL RETIREMENT LLC Service code 15 · EIN 26-1589907	Recordkeeping	$400
RELIANCE TRUST COMPANY1+ years Filed as: RELIANCE TRUST CO Service code 19	Securities Custodian	$132
THE BANK OF NEW YORK MELLON1+ years Filed as: BANK OF AMERICA CORP Service code 52 · EIN 94-1687665	Indirect Investment Fees	$0
RELIANCE TRUST COMPANY1+ years Filed as: RELIANCE TRUST CO . Service code 19 · EIN 58-1428634	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D3H2T

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$7K

$62 / participant

Contract admin$82011.2%
Other / not subdivided$7K88.8%

% of EOY assets

0.044%

all-in expense ratio

Categories reported

1 / 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: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$159,575

$57,108+179.4%

$94,229+69.3%

$52,331+204.9%

Participation rate

73.7%

72.9%+0.8pp

78.8%-5.0pp

68.1%+5.6pp

Annual return

-0.41%

1.47%-1.9pp

10.68%-11.1pp

4.54%-5.0pp

Employer contribution / active EE

$2,343

$1,735+35.0%

$3,587-34.7%

$1,882+24.5%

Participant deferral / active EE

$4,347

$3,040+43.0%

$4,320+0.6%

$3,022+43.9%

Admin fee / account holder

$70

$546-87.2%

$6,269-98.9%

$592-88.2%

Provider

Service type

Compensation

THE BANK OF NEW YORK MELLON1+ years

Filed as: BANK OF AMERICA CORPORATION

Service code 52

Indirect Investment Fees

$30,044

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Filed as: MASSACHUSETTS MUTUAL RETIREMENT

Service code 15

Recordkeeping

$7,550

MERRILL LYNCH PIERCE FENNER & SMITH1+ years

Filed as: MERRILL LYNCH, PIERCE, FENNER AND S

Service code 16 · EIN 13-5674085

Consulting

$7,418

CARON & BLETZER, PLLC1+ years

Filed as: CARON & BLETZER

Service code 10 · EIN 04-3499945

Accounting

$5,600

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$820

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Filed as: MASSACHUSETTS MUTUAL RETIREMENT LLC

Service code 15 · EIN 26-1589907

Recordkeeping

$400

RELIANCE TRUST COMPANY1+ years

Filed as: RELIANCE TRUST CO

Service code 19

Securities Custodian

$132

THE BANK OF NEW YORK MELLON1+ years

Filed as: BANK OF AMERICA CORP

Service code 52 · EIN 94-1687665

Indirect Investment Fees

RELIANCE TRUST COMPANY1+ years

Filed as: RELIANCE TRUST CO .

Service code 19 · EIN 58-1428634

Securities Custodian

GENERAL TRADING CO. , INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GENERAL TRADING CO. , INC. 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