Retirement plan

JENNINGS TRANSPORTATION CORP. PROFIT SHARING PLAN

Name: JENNINGS TRANSPORTATION CORP. - JENNINGS TRANSPORTATION CORP. PROFIT SHARING PLAN (2019) Form 5500
Creator: JENNINGS TRANSPORTATION CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JENNINGS TRANSPORTATION CORP. PROFIT SHARING PLAN, JENNINGS TRANSPORTATION CORP.

JENNINGS TRANSPORTATION CORP.EIN 23-1894016Plan #001PY 2019

129 MEYER ROAD - NAZARETH, PA 18064610-759-7094jenningstranscorp.comLinkedIn1-10 employeesinternet

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+13.2% from 2018

Total participants

+14.3% from 2018

Average account balance

$54,283

+13.2% from 2018

Annual return

2.60%

-8.13 pp from 2018

Benchmarks

See 3,674 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,674 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.54M

Not enough data

1 years with asset history on file

Average account balance

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

$96K

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.

59.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$155K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+10.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1156

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 codes2E2G2J2T3D2F

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.
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

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

$29K

$945 / participant

Other / not subdivided$29K100.0%

% of EOY assets

1.542%

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

$54,283

$55,713-2.6%

$75,894-28.5%

$72,983-25.6%

Participation rate

83.9%

61.1%+22.7pp

69.3%+14.6pp

69.5%+14.4pp

Annual return

2.60%

27.60%-25.0pp

30.76%-28.2pp

81.01%-78.4pp

Employer contribution / active EE

$2,903

$1,687+72.1%

$2,501+16.1%

$2,440+19.0%

Participant deferral / active EE

$3,766

$2,634+43.0%

$3,603+4.5%

$3,608+4.4%

Admin fee / account holder

$837

$3,980-79.0%

$5,420-84.6%

$5,124-83.7%

JENNINGS TRANSPORTATION CORP. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JENNINGS TRANSPORTATION CORP. 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