Retirement plan

J & Y BUSINESS GROUP 401(K) PLAN

Name: J & Y BUSINESS GROUP - J & Y BUSINESS GROUP 401(K) PLAN (2020) Form 5500
Creator: J & Y BUSINESS GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, J & Y BUSINESS GROUP 401(K) PLAN, J & Y BUSINESS GROUP

J & Y BUSINESS GROUPEIN 27-1221772Plan #001PY 2020

1100 GLENDON AVE FL 17 - LOS ANGELES, CA 900243588213-494-3222

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$684K

+96.1% from 2019

Total participants

+10.0% from 2019

Average account balance

$62,147

+78.3% from 2019

Annual return

70.92%

+51.77 pp from 2019

Benchmarks

See 22,196 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,196 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.15M

Not enough data

1 years with asset history on file

Average account balance

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

$105K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$100K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+22.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

0 tripped

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

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

$62,147

$162,812-61.8%

$133,971-53.6%

$158,966-60.9%

Participation rate

100.0%

83.2%+16.8pp

79.8%+20.2pp

82.0%+18.0pp

Annual return

70.92%

41.94%+29.0pp

45.09%+25.8pp

302.95%-232.0pp

Employer contribution / active EE

$2,949

$4,976-40.7%

$3,919-24.7%

$4,762-38.1%

Participant deferral / active EE

$5,027

$5,910-14.9%

$5,047-0.4%

$5,983-16.0%

Admin fee / account holder

$11,741-100.0%

$8,929-100.0%

$11,250-100.0%

J & Y BUSINESS GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

J & Y BUSINESS GROUP 401(K) 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