Retirement plan

GARDEN STATE LUMBER PRODUCTS CORP. 401(K) PROFIT SHARING PLAN

Name: GARDEN STATE LUMBER PRODUCTS CORP. - GARDEN STATE LUMBER PRODUCTS CORP. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: GARDEN STATE LUMBER PRODUCTS CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GARDEN STATE LUMBER PRODUCTS CORP. 401(K) PROFIT SHARING PLAN, GARDEN STATE LUMBER PRODUCTS CORP.

GARDEN STATE LUMBER PRODUCTS CORP.EIN 22-1846048Plan #002PY 2019

18 MULLER ROAD - OAKLAND, NJ 07436201-651-1600gardenstatelumber.comLinkedIn51-200 employeesbuilding materials

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.7M

+30.2% from 2018

Total participants

+20.0% from 2018

Average account balance

$105,065

+8.5% from 2018

Annual return

22.75%

+28.87 pp from 2018

Benchmarks

See 5,807 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,807 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.06M

Not enough data

1 years with asset history on file

Average account balance

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

$152K

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.

105.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$973K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+16.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11079

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J2T3D

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$103K

$3206 / participant

Other / not subdivided$103K100.0%

% of EOY assets

1.808%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$105,065

$76,371+37.6%

$93,621+12.2%

$72,975+44.0%

Participation rate

100.0%

71.8%+28.2pp

75.8%+24.2pp

69.5%+30.5pp

Annual return

22.75%

25.82%-3.1pp

32.76%-10.0pp

81.01%-58.3pp

Employer contribution / active EE

$3,107

$2,276+36.5%

$2,719+14.3%

$2,440+27.3%

Participant deferral / active EE

$9,368

$3,538+164.7%

$4,070+130.2%

$3,608+159.7%

Admin fee / account holder

$1,900

$6,839-72.2%

$7,890-75.9%

$5,124-62.9%

GARDEN STATE LUMBER PRODUCTS CORP. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GARDEN STATE LUMBER PRODUCTS CORP. 401(K) 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