Retirement plan

LEE JENNINGS TARGET EXPRESS, INC. 401(K) PROFIT SHARING PLAN

Name: LEE JENNINGS TARGET EXPRESS, INC. - LEE JENNINGS TARGET EXPRESS, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: LEE JENNINGS TARGET EXPRESS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEE JENNINGS TARGET EXPRESS, INC. 401(K) PROFIT SHARING PLAN, LEE JENNINGS TARGET EXPRESS, INC.

LEE JENNINGS TARGET EXPRESS, INC.EIN 33-0170655Plan #001PY 2016

1465 EAST FRANKLIN - POMONA, CA 91766909-868-1040ljetarget.comLinkedIn51-200 employeestransportation/trucking/railroad

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$9.6M

No prior year

Total participants

119

No prior year

Average account balance

$85,668

No prior year

Annual return

-1.72%

No prior year

Benchmarks

See 1,015 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,015 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.97M

Not enough data

1 years with asset history on file

Average account balance

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

$131K

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.

130

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.

93.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$647K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+3.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$202

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 3 by compensation

Provider	Service type	Compensation
RMI INSURANCE SERVICES INC.1+ years Service code 16 220 TECHNOLOGY DR #110 · IRVINE, CA 92618	Consulting	$24,975
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: ADVISED ASSET GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$3,342
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: GREAT WEST LIFE & ANNUITY CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$0

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 returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$6K

$54 / participant

Investment mgmt$3K60.1%
Contract admin$2K39.9%

% of EOY assets

0.058%

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: GALLINA LLP
Auditor EIN: 942147510
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$85,668

$44,425+92.8%

$67,834+26.3%

$55,167+55.3%

Participation rate

93.2%

59.7%+33.5pp

68.8%+24.4pp

69.0%+24.2pp

Annual return

-1.72%

17.80%-19.5pp

138.47%-140.2pp

169.23%-171.0pp

Employer contribution / active EE

$3,883

$1,351+187.4%

$2,403+61.6%

$1,963+97.9%

Participant deferral / active EE

$2,016

$2,166-6.9%

$3,160-36.2%

$3,054-34.0%

Admin fee / account holder

$50

$530-90.6%

$4,622-98.9%

$504-90.1%

Provider

Service type

Compensation

RMI INSURANCE SERVICES INC.1+ years

Service code 16

220 TECHNOLOGY DR #110 · IRVINE, CA 92618

Consulting

$24,975

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: ADVISED ASSET GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$3,342

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: GREAT WEST LIFE & ANNUITY CO

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

LEE JENNINGS TARGET EXPRESS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEE JENNINGS TARGET EXPRESS, INC. 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