Retirement plan

EMPLOYEE BENEFIT PLAN OF SERVICE FIRST LOGISTICS INCORPORATED

Name: SERVICE FIRST LOGISTICS INCORPORATE D - EMPLOYEE BENEFIT PLAN OF SERVICE FIRST LOGISTICS INCORPORATED (2017) Form 5500
Creator: SERVICE FIRST LOGISTICS INCORPORATE D
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF SERVICE FIRST LOGISTICS INCORPORATED, SERVICE FIRST LOGISTICS INCORPORATE D

SERVICE FIRST LOGISTICS INCORPORATE DEIN 26-2772928Plan #001PY 2017

3254 UNIVERSITY DR STE 180 - AUBURN HILLS, MI 483262392859-344-5100LinkedIn11-50 employeespackage/freight delivery

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.2M

+41.3% from 2016

Total participants

+18.9% from 2016

Average account balance

$28,579

+21.6% from 2016

Annual return

15.58%

-5.75 pp from 2016

Benchmarks

See 3,497 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,497 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.82M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

165.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$436K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+11.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3995

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

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 codes2F2T3D

Plan features

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).
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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$44K

$1232 / participant

Other / not subdivided$44K100.0%

% of EOY assets

3.609%

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

$28,579

$52,580-45.6%

$71,671-60.1%

$70,124-59.2%

Participation rate

97.2%

60.9%+36.3pp

68.7%+28.5pp

69.5%+27.7pp

Annual return

15.58%

20.25%-4.7pp

20.65%-5.1pp

73.14%-57.6pp

Employer contribution / active EE

$1,660

$1,616+2.8%

$2,460-32.5%

$2,342-29.1%

Participant deferral / active EE

$5,774

$2,386+142.0%

$3,438+68.0%

$3,332+73.3%

Admin fee / account holder

$1,032

$3,653-71.8%

$5,558-81.4%

$4,645-77.8%

EMPLOYEE BENEFIT PLAN OF SERVICE FIRST LOGISTICS INCORPORATED

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF SERVICE FIRST LOGISTICS INCORPORATED

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