Retirement plan

L. J. ZUCCA, INC. 401(K) PLAN

Name: L. J. ZUCCA, INC. - L. J. ZUCCA, INC. 401(K) PLAN (2019) Form 5500
Creator: L. J. ZUCCA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, L. J. ZUCCA, INC. 401(K) PLAN, L. J. ZUCCA, INC.

L. J. ZUCCA, INC.EIN 22-1890690Plan #001PY 2019

760 SOUTH DELSEA DRIVE - VINELAND, NJ 08360609-692-7425ljzucca.comLinkedIn51-200 employeeswholesale

Other plans on this EIN

2 filings

#003Retirement-$3.3M assets #002Retirement-$2.8M assets

Prospect flagsLow returnsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.9M

-71.8% from 2018

Total participants

-63.8% from 2018

Average account balance

$105,767

+19.2% from 2018

Annual return

-73.66%

-67.81 pp from 2018

Benchmarks

See 9,236 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,236 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.92M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

41.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$84K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+8.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2523

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 2 by compensation

Provider	Service type	Compensation
NATIONWIDE5+ years Service code 18 · EIN 31-4156830	Recordkeeping fees; Account maintenan...	$76,942
BENEFITS 21 LLC5+ years Service code 14 · EIN 38-3839452 2 BRIDGE AVENUE · RED BANK, NJ 07701	Plan Administrator	$650

Plan features & details

Pension benefit codes2E2G2J2K2T3D3H

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$78K

$1049 / participant

Contract admin$77K99.2%
Other / not subdivided$6500.8%

% of EOY assets

4.076%

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: HOLMAN FRENIA ALLISON, P.C.
Auditor EIN: 223480145
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$105,767

$83,485+26.7%

$125,195-15.5%

$72,976+44.9%

Participation rate

16.2%

73.3%-57.1pp

79.8%-63.6pp

69.5%-53.3pp

Annual return

-73.66%

25.77%-99.4pp

43.79%-117.5pp

81.02%-154.7pp

Employer contribution / active EE

$1,635

$2,346-30.3%

$3,866-57.7%

$2,440-33.0%

Participant deferral / active EE

$3,353

$3,586-6.5%

$4,937-32.1%

$3,608-7.0%

Admin fee / account holder

$4,311

$5,518-21.9%

$9,704-55.6%

$5,124-15.9%

Provider

Service type

Compensation

NATIONWIDE5+ years

Service code 18 · EIN 31-4156830

Recordkeeping fees; Account maintenan...

$76,942

BENEFITS 21 LLC5+ years

Service code 14 · EIN 38-3839452

2 BRIDGE AVENUE · RED BANK, NJ 07701

Plan Administrator

$650

L. J. ZUCCA, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

L. J. ZUCCA, 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