Retirement plan

J.W. PEPPER & SON, INC. 401(K) SAVINGS AND INVESTMENT PLAN

Name: J.W. PEPPER & SON, INC. - J.W. PEPPER & SON, INC. 401(K) SAVINGS AND INVESTMENT PLAN (2017) Form 5500
Creator: J.W. PEPPER & SON, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, J.W. PEPPER & SON, INC. 401(K) SAVINGS AND INVESTMENT PLAN, J.W. PEPPER & SON, INC.

J.W. PEPPER & SON, INC.EIN 23-0963171Plan #001PY 2017

P.O. BOX 642 - EXTON, PA 19341610-648-0500LinkedIn201-500 employeesmusic

Prospect flagsLow returnsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$23.8M

+14.4% from 2016

Total participants

230

-3.4% from 2016

Average account balance

$111,235

+17.6% from 2016

Annual return

15.33%

+7.73 pp from 2016

Benchmarks

See 843 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort843 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.31M

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

193

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.

85.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.25M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$201

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 10 of 20 by compensation

Provider	Service type	Compensation
BB&T2+ years Filed as: BB&T INSTIT INVEST ADVISOR INC Service code 27 · EIN 57-0956597	Advisory (Plan)	$53,693
CONRAD SIEGEL3+ years Filed as: CONRAD SIEGEL ACTUARIES Service code 15 · EIN 23-1669823 PO BOX 5900 · HARRISBURG, PA 171100900	Recordkeeping	$26,591
CHARLES SCHWAB & CO., INC.3+ years Service code 19 · EIN 94-1737782	Securities Custodian	$9,870
BLACKROCK3+ years Filed as: BLACKROCK ADVISORS LLC Service code 28 · EIN 51-0318674	Investment Management	$0
DIMENSIONAL FUND ADVISORS1 year Filed as: DIMENSIONAL FUND ADVISORS LP Service code 28 · EIN 30-0447847	Investment Management	$0
DODGE & COX3+ years Service code 28 · EIN 94-1441976	Investment Management	$0
THE BANK OF NEW YORK MELLON3+ years Filed as: DREYFUS CORPORATION Service code 28 144 GLENN CURTISS BLVD · UNIONDALE, NY 115560144	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY SELECTCO, LLC Service code 28 82 DEVONSHIRE STREET · BOSTON, MA 02109	Investment Management	$0
GOLDMAN SACHS3+ years Filed as: GOLDMAN SACHS ASSET MANAGEMENT, L.P Service code 28 · EIN 13-4019460	Investment Management	$0
HARBOR3+ years Filed as: HARBOR CAPITAL ADVISORS INC Service code 28 · EIN 04-2679462	Investment Management	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$90K

$438 / participant

Investment mgmt$54K59.6%
Other / not subdivided$36K40.4%

% of EOY assets

0.379%

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: FISCHER CUNNANE & ASSOCIATES, LTD
Auditor EIN: 233060583
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$111,235

$59,535+86.8%

$90,161+23.4%

$62,293+78.6%

Participation rate

92.2%

73.0%+19.2pp

76.9%+15.4pp

69.5%+22.7pp

Annual return

15.33%

23.53%-8.2pp

34.89%-19.6pp

28.90%-13.6pp

Employer contribution / active EE

$1,863

$1,826+2.1%

$3,318-43.8%

$2,042-8.8%

Participant deferral / active EE

$4,010

$4,639-13.5%

$5,287-24.2%

$3,169+26.5%

Admin fee / account holder

$421

$337+25.1%

$5,943-92.9%

$479-12.1%

Provider

Service type

Compensation

BB&T2+ years

Filed as: BB&T INSTIT INVEST ADVISOR INC

Service code 27 · EIN 57-0956597

Advisory (Plan)

$53,693

CONRAD SIEGEL3+ years

Filed as: CONRAD SIEGEL ACTUARIES

Service code 15 · EIN 23-1669823

PO BOX 5900 · HARRISBURG, PA 171100900

Recordkeeping

$26,591

CHARLES SCHWAB & CO., INC.3+ years

Service code 19 · EIN 94-1737782

Securities Custodian

$9,870

BLACKROCK3+ years

Filed as: BLACKROCK ADVISORS LLC

Service code 28 · EIN 51-0318674

Investment Management

DIMENSIONAL FUND ADVISORS1 year

Filed as: DIMENSIONAL FUND ADVISORS LP

Service code 28 · EIN 30-0447847

Investment Management

DODGE & COX3+ years

Service code 28 · EIN 94-1441976

Investment Management

THE BANK OF NEW YORK MELLON3+ years

Filed as: DREYFUS CORPORATION

Service code 28

144 GLENN CURTISS BLVD · UNIONDALE, NY 115560144

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY SELECTCO, LLC

Service code 28

82 DEVONSHIRE STREET · BOSTON, MA 02109

Investment Management

GOLDMAN SACHS3+ years

Filed as: GOLDMAN SACHS ASSET MANAGEMENT, L.P

Service code 28 · EIN 13-4019460

Investment Management

HARBOR3+ years

Filed as: HARBOR CAPITAL ADVISORS INC

Service code 28 · EIN 04-2679462

Investment Management

J.W. PEPPER & SON, INC. 401(K) SAVINGS AND INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

J.W. PEPPER & SON, INC. 401(K) SAVINGS AND INVESTMENT 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