Retirement plan

FRANKLIN BUILDING SUPPLY 401(K) PROFIT SHARING PLAN

Name: THE FRANKLIN GROUP, INC. - FRANKLIN BUILDING SUPPLY 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: THE FRANKLIN GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FRANKLIN BUILDING SUPPLY 401(K) PROFIT SHARING PLAN, THE FRANKLIN GROUP, INC.

THE FRANKLIN GROUP, INC.EIN 26-1690029Plan #001PY 2016

9222 W. BARNES - BOISE, ID 83709208-514-2203

Other plans on this EIN

1 filing

#002Retirement-$11.1M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$8.1M

+10.6% from 2015

Total participants

366

+5.8% from 2015

Average account balance

$24,581

+0.2% from 2015

Annual return

6.41%

+5.75 pp from 2015

Benchmarks

See 1,184 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,184 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.86M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

641

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.

83.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.18M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+10.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$231

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
PINNACLE PENSION SERVICES2+ years Filed as: PINNACLE PENSION SERVICES, INC. Service code 13 · EIN 82-0433443 3101 W MAIN STREET, STE 100 · BOISE, ID 83702	Contract Administrator	$10,849
VOYA RETIREMENT INSURANCE & ANNUITY2+ years Filed as: VOYA RET. INSURANCE AND ANNUITY CO. Service code 26 · EIN 71-0294708 PO BOX 990067 · HARTFORD, CT 06199	Advisory (Participants)	$1,275

Plan features & details

Pension benefit codes2E2F2G2J2S3D3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$12K

$37 / participant

Investment mgmt$5K43.9%
Contract admin$7K56.1%

% of EOY assets

0.150%

all-in expense ratio

Categories reported

2 / 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: RIPLEY, DOORN & COMPANY, PLLC
Auditor EIN: 820476132
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,581

$37,044-33.6%

$71,796-65.8%

$57,658-57.4%

Participation rate

89.2%

61.1%+28.1pp

69.1%+20.1pp

70.2%+19.0pp

Annual return

6.41%

12.64%-6.2pp

78.04%-71.6pp

5.13%+1.3pp

Employer contribution / active EE

$720-100.0%

$1,924-100.0%

$1,974-100.0%

Participant deferral / active EE

$2,222

$1,974+12.6%

$2,794-20.5%

$3,061-27.4%

Admin fee / account holder

$37

$101-63.4%

$4,815-99.2%

$95-60.9%

Provider

Service type

Compensation

PINNACLE PENSION SERVICES2+ years

Filed as: PINNACLE PENSION SERVICES, INC.

Service code 13 · EIN 82-0433443

3101 W MAIN STREET, STE 100 · BOISE, ID 83702

Contract Administrator

$10,849

VOYA RETIREMENT INSURANCE & ANNUITY2+ years

Filed as: VOYA RET. INSURANCE AND ANNUITY CO.

Service code 26 · EIN 71-0294708

PO BOX 990067 · HARTFORD, CT 06199

Advisory (Participants)

$1,275

FRANKLIN BUILDING SUPPLY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FRANKLIN BUILDING SUPPLY 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