Retirement plan

CLIPPER COURIER LOGISTICS, INC. 401(K) PROFIT-SHARING PLAN AND TRUST

Name: CLIPPER COURIER LOGISTICS, INC. - CLIPPER COURIER LOGISTICS, INC. 401(K) PROFIT-SHARING PLAN AND TRUST (2024) Form 5500
Creator: CLIPPER COURIER LOGISTICS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLIPPER COURIER LOGISTICS, INC. 401(K) PROFIT-SHARING PLAN AND TRUST, CLIPPER COURIER LOGISTICS, INC.

CLIPPER COURIER LOGISTICS, INC.EIN 31-1071839Plan #001PY 2024

531 E. THIRD STREET - DAYTON, OH 45402937-293-7854clippercourierlogistics.comLinkedIn11-50 employeestransportation/trucking/railroad

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$75K

+152.6% from 2023

Total participants

+30.0% from 2023

Average account balance

$5,749

+94.3% from 2023

Annual return

19.73%

+19.73 pp from 2023

Benchmarks

See 1,614 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort1,614 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$111K

Not enough data

1 years with asset history on file

Average account balance

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

$9K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$30K

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

+7.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$158

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 codes2E2J2F2G3D

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.
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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$1K

$146 / participant

Other / not subdivided$1K100.0%

% of EOY assets

1.951%

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

$5,749

$123,750-95.4%

$69,611-91.7%

$145,877-96.1%

Participation rate

100.0%

69.2%+30.8pp

66.4%+33.6pp

80.3%+19.7pp

Annual return

19.73%

192.03%-172.3pp

101.14%-81.4pp

551.28%-531.6pp

Employer contribution / active EE

$2,614

$2,672-2.2%

$1,709+53.0%

$4,663-43.9%

Participant deferral / active EE

$1,318

$4,243-68.9%

$2,891-54.4%

$6,691-80.3%

Admin fee / account holder

$112

$7,817-98.6%

$4,696-97.6%

$13,402-99.2%

CLIPPER COURIER LOGISTICS, INC. 401(K) PROFIT-SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLIPPER COURIER LOGISTICS, INC. 401(K) PROFIT-SHARING PLAN AND TRUST

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