Retirement plan

ALLIED BEVERAGE GROUP, L.L.C. 401(K) UNION EE COVERED BY UFCW LOCAL 2-D, WINE AND LIQUOR SALESMEN OF THE STATE OF NJ AND UNION EE

Name: ALLIED BEVERAGE GROUP, L.L.C. - ALLIED BEVERAGE GROUP, L.L.C. 401(K) UNION EE COVERED BY UFCW LOCAL 2-D, WINE AND LIQUOR SALESMEN OF THE STATE OF NJ AND UNION EE (2016) Form 5500
Creator: ALLIED BEVERAGE GROUP, L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALLIED BEVERAGE GROUP, L.L.C. 401(K) UNION EE COVERED BY UFCW LOCAL 2-D, WINE AND LIQUOR SALESMEN OF THE STATE OF NJ AND UNION EE, ALLIED BEVERAGE GROUP, L.L.C.

ALLIED BEVERAGE GROUP, L.L.C.EIN 22-3408559Plan #002PY 2016

600 WASHINGTON AVENUE - CARLSTADT, NJ 07072800-313-6767alliedbeverage.comLinkedIn501-1000 employeeswine and spirits

Other plans on this EIN

1 filing

#001Retirement-$34.7M assets

Prospect flagsHigh fees

Top hat statement on fileNQDC

Filed February 5, 2018 (most recent of 2 filings on file)

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Total assets (EOY)

$40.7M

+11.6% from 2015

Total participants

255

-1.5% from 2015

Average account balance

$161,050

+12.1% from 2015

Annual return

7.28%

+7.69 pp from 2015

Benchmarks

See 2,366 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,366 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$90.83M

Not enough data

1 years with asset history on file

Average account balance

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

$286K

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.

318

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.

96.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+13.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$489

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
SENTINEL PENSION ADVISORS2+ years Filed as: SENTINEL BENEFITS GROUP, LLC Service code 15 · EIN 20-5916766	Recordkeeping	$55,214
SENTINEL PENSION ADVISORS2+ years Service code 26 · EIN 04-3422848	Advisory (Participants)	$32,663
NATIONAL FINANCIAL SERVICES1 year Service code 19 · EIN 04-3523567	Securities Custodian	$8,606

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

$106K

$451 / participant

Investment mgmt$106K100.0%

% of EOY assets

0.261%

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: COHNREZNICK LLP
Auditor EIN: 221478099
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$161,050

$63,924+151.9%

$108,582+48.3%

$55,167+191.9%

Participation rate

99.2%

74.3%+24.8pp

79.6%+19.6pp

69.0%+30.2pp

Annual return

7.28%

15.31%-8.0pp

-51.70%+59.0pp

169.23%-161.9pp

Employer contribution / active EE

$3,009

$1,879+60.1%

$3,758-19.9%

$1,963+53.3%

Participant deferral / active EE

$8,925

$3,067+191.0%

$4,311+107.0%

$3,054+192.2%

Admin fee / account holder

$420

$618-32.0%

$7,645-94.5%

$504-16.6%

Provider

Service type

Compensation

SENTINEL PENSION ADVISORS2+ years

Filed as: SENTINEL BENEFITS GROUP, LLC

Service code 15 · EIN 20-5916766

Recordkeeping

$55,214

SENTINEL PENSION ADVISORS2+ years

Service code 26 · EIN 04-3422848

Advisory (Participants)

$32,663

NATIONAL FINANCIAL SERVICES1 year

Service code 19 · EIN 04-3523567

Securities Custodian

$8,606

ALLIED BEVERAGE GROUP, L.L.C. 401(K) UNION EE COVERED BY UFCW LOCAL 2-D, WINE AND LIQUOR SALESMEN OF THE STATE OF NJ AND UNION EE

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALLIED BEVERAGE GROUP, L.L.C. 401(K) UNION EE COVERED BY UFCW LOCAL 2-D, WINE AND LIQUOR SALESMEN OF THE STATE OF NJ AND UNION EE

Top hat statement on fileNQDC

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