Retirement plan

GREEN LANE OF SOUTH JERSEY, INC. PROFIT SHARING PLAN

Name: GREEN LANE OF SOUTH JERSEY, INC. - GREEN LANE OF SOUTH JERSEY, INC. PROFIT SHARING PLAN (2019) Form 5500
Creator: GREEN LANE OF SOUTH JERSEY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREEN LANE OF SOUTH JERSEY, INC. PROFIT SHARING PLAN, GREEN LANE OF SOUTH JERSEY, INC.

GREEN LANE OF SOUTH JERSEY, INC.EIN 22-2852002Plan #001PY 2019

251 AURA ROAD - MULLICA HILL, NJ 080624402

Prospect flagsHigh assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$3.4M

+18.8% from 2018

Total participants

+12.5% from 2018

Average account balance

$427,565

+18.8% from 2018

Annual return

12.81%

+10.33 pp from 2018

Benchmarks

See 40,740 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort40,740 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.65M

Not enough data

1 years with asset history on file

Average account balance

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

$425K

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.

112.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$356K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+16.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$27263

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 codes2E2G3D2T

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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$427,565

$107,341+298.3%

$92,897+360.3%

$152,870+179.7%

Participation rate

85.7%

79.8%+5.9pp

76.0%+9.7pp

82.4%+3.3pp

Annual return

12.81%

145.59%-132.8pp

109.42%-96.6pp

345.34%-332.5pp

Employer contribution / active EE

$24,532

$4,221+481.1%

$3,653+571.6%

$4,763+415.1%

Participant deferral / active EE

$4,847-100.0%

$4,238-100.0%

$5,850-100.0%

Admin fee / account holder

$7,080-100.0%

$5,794-100.0%

$11,597-100.0%

GREEN LANE OF SOUTH JERSEY, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

GREEN LANE OF SOUTH JERSEY, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion