Retirement plan

L.J. ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN

Name: L. J. ASSOCIATES, INC. - L.J. ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: L. J. ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, L.J. ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN, L. J. ASSOCIATES, INC.

L. J. ASSOCIATES, INC.EIN 25-1553163Plan #001PY 2016

200 PLEASANT UNITY RD, SUITE 112 - LATROBE, PA 15650724-537-0520

Other plans on this EIN

1 filing

#002Retirement-$2.1M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$8.9M

+3.2% from 2015

Total participants

117

+8.3% from 2015

Average account balance

$81,402

+2.2% from 2015

Annual return

-5.30%

-4.93 pp from 2015

Benchmarks

See 3,429 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,429 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.83M

Not enough data

1 years with asset history on file

Average account balance

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

$154K

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.

116

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.

90.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.15M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+16.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$503

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

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 codes2E2F2G2T3D

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.
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

$902K

$10138 / participant

Other / not subdivided$902K100.0%

% of EOY assets

10.169%

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

$81,402

$47,944+69.8%

$67,834+20.0%

$62,881+29.5%

Participation rate

91.0%

61.1%+29.9pp

68.8%+22.2pp

69.3%+21.7pp

Annual return

-5.30%

11.77%-17.1pp

138.47%-143.8pp

20.14%-25.4pp

Employer contribution / active EE

$5,082

$1,562+225.4%

$2,403+111.5%

$2,281+122.8%

Participant deferral / active EE

$3,126

$2,247+39.2%

$3,160-1.1%

$3,203-2.4%

Admin fee / account holder

$8,278

$3,712+123.0%

$4,622+79.1%

$4,296+92.7%

L.J. ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

L.J. ASSOCIATES, INC. 401(K) 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