Retirement plan

STANDARD FORWARDING LLC UNION EMPLOYEES 401(K) SAVINGS PLAN

Name: STANDARD FORWARDING LLC - STANDARD FORWARDING LLC UNION EMPLOYEES 401(K) SAVINGS PLAN (2017) Form 5500
Creator: STANDARD FORWARDING LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STANDARD FORWARDING LLC UNION EMPLOYEES 401(K) SAVINGS PLAN, STANDARD FORWARDING LLC

STANDARD FORWARDING LLCEIN 27-1883111Plan #002PY 2017

2925 MORTON DRIVE - EAST MOLINE, IL 61244309-755-4504standardforwarding.comLinkedIn51-200 employeestransportation/trucking/railroad

Other plans on this EIN

1 filing

#001Retirement-$9.5M assets

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$5.7M

+9.4% from 2016

Total participants

558

+0.5% from 2016

Average account balance

$39,827

+14.7% from 2016

Annual return

17.01%

+12.19 pp from 2016

Benchmarks

See 639 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort639 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.58M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

10.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$289K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$639

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

+11.45%

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.3+ years Service code 15 · EIN 94-1347393	Recordkeeping	$6,337

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$22K

$40 / participant

Other / not subdivided$22K100.0%

% of EOY assets

0.381%

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: ANDERSON, LOWER & WHITLOW, P.C.
Auditor EIN: 421394940
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,827

$44,059-9.6%

$71,671-44.4%

$69,631-42.8%

Participation rate

24.0%

60.8%-36.7pp

68.7%-44.7pp

70.7%-46.6pp

Annual return

17.01%

21.97%-5.0pp

20.65%-3.6pp

27571.02%-27554.0pp

Employer contribution / active EE

$1,305-100.0%

$2,460-100.0%

$2,032-100.0%

Participant deferral / active EE

$476

$2,370-79.9%

$3,438-86.2%

$3,224-85.2%

Admin fee / account holder

$152

$108+41.1%

$5,558-97.3%

$110+37.6%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.3+ years

Service code 15 · EIN 94-1347393

Recordkeeping

$6,337

STANDARD FORWARDING LLC UNION EMPLOYEES 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STANDARD FORWARDING LLC UNION EMPLOYEES 401(K) SAVINGS 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