Retirement plan

GOOD'S STORE, INC. PROFIT SHARING PLAN

Name: GOODS STORE, INC. - GOOD'S STORE, INC. PROFIT SHARING PLAN (2024) Form 5500
Creator: GOODS STORE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOOD'S STORE, INC. PROFIT SHARING PLAN, GOODS STORE, INC.

GOODS STORE, INC.EIN 23-1931648Plan #001PY 2024

165 EARLAND DRIVE - NEW HOLLAND, PA 17557717-355-0571

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$17.7M

+6.8% from 2023

Total participants

244

+3.4% from 2023

Average account balance

$81,484

+2.8% from 2023

Annual return

11.43%

-2.92 pp from 2023

Benchmarks

See 490 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort490 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.68M

Not enough data

1 years with asset history on file

Average account balance

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

$81K

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.

217

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.

83.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$470K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
ALLIANCE PENSION CONSULTANTS, LLC2 years Filed as: THE PARAGON ALLIANCE GROUP LLC Service code 13 300 HARLEYSVILLE PIKE · SOUDERTON, PA 18964	Contract Administrator	$13,405
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$1,040
TRUSTMONT ADVISORY GROUP10+ years Filed as: TRUSTMONT FINANCIAL GROUP INC Service code 55 200 BRUSH RUN RD STE A · GREENSBURG, PA 15601	Other Commissions	$748
BAIRD FUNDS2 years Filed as: ROBERT,C,WISNER Service code 55	Other Commissions	$59
BAIRD FUNDS2 years Filed as: ROBERT, C,WISNER Service code 55 466 CAREDEAN DR · COLLEGEVILLE, PA 19426	Other Commissions	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1K

$6 / participant

Contract admin$1K100.0%

% of EOY assets

0.006%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: TROUT CPA
Auditor EIN: 231551315
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$81,484

$59,006+38.1%

$97,260-16.2%

$74,459+9.4%

Participation rate

83.4%

63.7%+19.7pp

72.7%+10.8pp

67.2%+16.2pp

Annual return

11.43%

16.04%-4.6pp

75.54%-64.1pp

1369.70%-1358.3pp

Employer contribution / active EE

$2,078

$1,894+9.7%

$2,721-23.6%

$2,626-20.9%

Participant deferral / active EE

$805

$3,671-78.1%

$4,262-81.1%

$4,350-81.5%

Admin fee / account holder

$1,974-99.8%

$5,640-99.9%

$1,945-99.8%

Provider

Service type

Compensation

ALLIANCE PENSION CONSULTANTS, LLC2 years

Filed as: THE PARAGON ALLIANCE GROUP LLC

Service code 13

300 HARLEYSVILLE PIKE · SOUDERTON, PA 18964

Contract Administrator

$13,405

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$1,040

TRUSTMONT ADVISORY GROUP10+ years

Filed as: TRUSTMONT FINANCIAL GROUP INC

Service code 55

200 BRUSH RUN RD STE A · GREENSBURG, PA 15601

Other Commissions

$748

BAIRD FUNDS2 years

Filed as: ROBERT,C,WISNER

Service code 55

Other Commissions

$59

BAIRD FUNDS2 years

Filed as: ROBERT, C,WISNER

Service code 55

466 CAREDEAN DR · COLLEGEVILLE, PA 19426

Other Commissions

GOOD'S STORE, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GOOD'S STORE, INC. 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