Retirement plan

THOMPSON PHARMACY 401(K) PROFIT SHARING PLAN

Name: THOMPSON ENTERPRISES, INC. T/A THOMPSON PHARMACY - THOMPSON PHARMACY 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: THOMPSON ENTERPRISES, INC. T/A THOMPSON PHARMACY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THOMPSON PHARMACY 401(K) PROFIT SHARING PLAN, THOMPSON ENTERPRISES, INC. T/A THOMPSON PHARMACY

THOMPSON ENTERPRISES, INC. T/A THOMPSON PHARMACYEIN 25-1380276Plan #002PY 2017

600 E. CHESTNUT AVE. - ALTOONA, PA 16601814-944-6139LinkedIn51-200 employeescosmetics

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$4.1M

+19.6% from 2016

Total participants

132

+0.8% from 2016

Average account balance

$71,432

+23.8% from 2016

Annual return

12.67%

+6.47 pp from 2016

Benchmarks

See 2,319 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,319 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.01M

Not enough data

1 years with asset history on file

Average account balance

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

$152K

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.

42.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$207K

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

+11.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13346

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

Top 3 by compensation

Provider	Service type	Compensation
EPIC RETIREMENT PLAN SERVICES1 year Filed as: RETIREMENT PLAN SOLUTIONS Service code 13 PO BOX 250 · TIPTON, PA 16684	Contract Administrator	$150
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH AND MANAGEMENT COM Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$50
RAYMOND JAMES FINANCIAL SERVICES2 years Service code 55	Other Commissions	$0

Plan features & details

Pension benefit codes2E2H2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: YOUNG, OAKES, BROWN & CO., PC
Auditor EIN: 251589048
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,432

$51,466+38.8%

$78,778-9.3%

$62,293+14.7%

Participation rate

40.9%

59.8%-18.8pp

69.2%-28.2pp

69.5%-28.6pp

Annual return

12.67%

19.96%-7.3pp

35.62%-23.0pp

28.90%-16.2pp

Employer contribution / active EE

$798

$827-3.5%

$1,986-59.8%

$2,042-60.9%

Participant deferral / active EE

$1,674

$2,147-22.0%

$2,958-43.4%

$3,169-47.2%

Admin fee / account holder

$489-100.0%

$5,134-100.0%

$479-100.0%

Provider

Service type

Compensation

EPIC RETIREMENT PLAN SERVICES1 year

Filed as: RETIREMENT PLAN SOLUTIONS

Service code 13

PO BOX 250 · TIPTON, PA 16684

Contract Administrator

$150

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH AND MANAGEMENT COM

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$50

RAYMOND JAMES FINANCIAL SERVICES2 years

Service code 55

Other Commissions

THOMPSON PHARMACY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

THOMPSON PHARMACY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion