Retirement plan

ALLEN DISTRIBUTION 401(K) AND PROFIT SHARING PLAN

Name: ALLEN DISTRIBUTION - ALLEN DISTRIBUTION 401(K) AND PROFIT SHARING PLAN (2020) Form 5500
Creator: ALLEN DISTRIBUTION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALLEN DISTRIBUTION 401(K) AND PROFIT SHARING PLAN, ALLEN DISTRIBUTION

ALLEN DISTRIBUTIONEIN 25-1576445Plan #001PY 2020

P O BOX 62 - PLAINFIELD, PA 17081717-241-5505allendistribution.comLinkedIn1001-5000 employeeswarehousing

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$6.5M

+15.7% from 2019

Total participants

576

+25.8% from 2019

Average account balance

$11,434

-7.3% from 2019

Annual return

15.91%

-2.44 pp from 2019

Benchmarks

See 88 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort88 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.32M

Not enough data

1 years with asset history on file

Average account balance

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

$8K

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.

1,665

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.

97.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.55M

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

+20.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$115

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 2 by compensation

Provider	Service type	Compensation
NATIONWIDE2 years Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$42,301
PA RETIREMENT SOLUTIONS, INC.2 years Filed as: PA RETIREMENT SOLUTIONS Service code 13 · EIN 27-2487837 1110 N. MOUNTAIN ROAD · HARRISBURG, PA 17112	Contract Administrator	$21,040

Plan features & details

Pension benefit codes2E2J2F2G3D3B3H

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$63K

$131 / participant

Other / not subdivided$63K100.0%

% of EOY assets

0.968%

all-in expense ratio

Categories reported

0 / 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: BOYER & RITTER LLC
Auditor EIN: 231311005
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,434

$35,123-67.4%

$93,419-87.8%

$73,412-84.4%

Participation rate

99.2%

68.3%+30.9pp

66.8%+32.4pp

72.2%+27.0pp

Annual return

15.91%

18.89%-3.0pp

78.05%-62.1pp

59.30%-43.4pp

Employer contribution / active EE

$487

$1,247-61.0%

$2,075-76.5%

$2,234-78.2%

Participant deferral / active EE

$1,147

$2,249-49.0%

$3,126-63.3%

$3,806-69.9%

Admin fee / account holder

$111

$108+2.4%

$5,230-97.9%

$158-29.9%

Provider

Service type

Compensation

NATIONWIDE2 years

Service code 15 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$42,301

PA RETIREMENT SOLUTIONS, INC.2 years

Filed as: PA RETIREMENT SOLUTIONS

Service code 13 · EIN 27-2487837

1110 N. MOUNTAIN ROAD · HARRISBURG, PA 17112

Contract Administrator

$21,040

ALLEN DISTRIBUTION 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALLEN DISTRIBUTION 401(K) AND 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