Retirement plan

GOODS STORE, INC. PROFIT SHARING PLAN

Name: GOODS STORE, INC. - GOODS STORE, INC. PROFIT SHARING PLAN (2016) Form 5500
Creator: GOODS STORE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOODS STORE, INC. PROFIT SHARING PLAN, GOODS STORE, INC.

GOODS STORE, INC.EIN 23-1931648Plan #001PY 2016

165 EARLAND DRIVE - NEW HOLLAND, PA 17557717-940-9425

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$12.9M

+10.4% from 2015

Total participants

155

-3.1% from 2015

Average account balance

$92,254

+8.0% from 2015

Annual return

9.47%

+8.53 pp from 2015

Benchmarks

See 438 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort438 peers

Snapshot2016

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 7 by compensation

Provider	Service type	Compensation
ALLIANCE PENSION CONSULTANTS, LLC2+ years Filed as: THE PARAGON ALLIANCE GROUP, LLC Service code 13	Contract Administrator	$9,409
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$725
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Service code 60	Sub-TA Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 60	Sub-TA Fees	$0
BAIRD FUNDS2+ years Filed as: ROBERT C WISNER Service code 53 300 HARLEYSVILLE PIKE · SOUDERTON, PA 18964	Insurance Commissions	$0
ALLIANCE PENSION CONSULTANTS, LLC2+ years Filed as: THE PARAGON ALLIANCE GROUP Service code 13 · EIN 23-3044062	Contract Administrator	$0
TRUSTMONT ADVISORY GROUP2+ years Filed as: TRUSTMONT FINANCIAL GROUP INC Service code 53 · EIN 25-1527294	Insurance 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

$725

$6 / participant

Contract admin$725100.0%

% of EOY assets

0.006%

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: WEINHOLD, NICKEL & CO., LLP
Auditor EIN: 231934726
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$92,254

$42,772+115.7%

$87,502+5.4%

$55,167+67.2%

Participation rate

87.3%

66.5%+20.8pp

73.8%+13.5pp

69.0%+18.3pp

Annual return

9.47%

21.20%-11.7pp

12.21%-2.7pp

169.23%-159.8pp

Employer contribution / active EE

$1,897

$1,277+48.6%

$2,550-25.6%

$1,963-3.3%

Participant deferral / active EE

$661

$2,342-71.8%

$3,149-79.0%

$3,054-78.3%

Admin fee / account holder

$461-98.9%

$4,221-99.9%

$504-99.0%

Provider

Service type

Compensation

ALLIANCE PENSION CONSULTANTS, LLC2+ years

Filed as: THE PARAGON ALLIANCE GROUP, LLC

Service code 13

Contract Administrator

$9,409

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INS CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$725

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Service code 60

Sub-TA Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 60

Sub-TA Fees

BAIRD FUNDS2+ years

Filed as: ROBERT C WISNER

Service code 53

300 HARLEYSVILLE PIKE · SOUDERTON, PA 18964

Insurance Commissions

ALLIANCE PENSION CONSULTANTS, LLC2+ years

Filed as: THE PARAGON ALLIANCE GROUP

Service code 13 · EIN 23-3044062

Contract Administrator

TRUSTMONT ADVISORY GROUP2+ years

Filed as: TRUSTMONT FINANCIAL GROUP INC

Service code 53 · EIN 25-1527294

Insurance Commissions

GOODS STORE, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GOODS 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