Retirement plan

VAN MATRE LUMBER COMPANY, INC. 401(K) PROFIT SHARING PLAN

Name: VAN MATRE LUMBER COMPANY, INC. - VAN MATRE LUMBER COMPANY, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: VAN MATRE LUMBER COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VAN MATRE LUMBER COMPANY, INC. 401(K) PROFIT SHARING PLAN, VAN MATRE LUMBER COMPANY, INC.

VAN MATRE LUMBER COMPANY, INC.EIN 33-0363950Plan #001PY 2016

10690 LIVE OAK AVE - FONTANA, CA 92337909-357-1555vanmatrelumber.comLinkedIn51-200 employeeswholesale

Other plans on this EIN

1 filing

#002Retirement-$467K assets

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$220K

No prior year

Total participants

No prior year

Average account balance

$4,885

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 6,045 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort6,045 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.45M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

178.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$504K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+11.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$448

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 codes2E2H2J3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

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

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

$4,885

$58,828-91.7%

$78,002-93.7%

$62,881-92.2%

Participation rate

97.6%

71.1%+26.6pp

75.5%+22.1pp

69.3%+28.3pp

Annual return

0.00%

17.16%-17.2pp

425.99%-426.0pp

20.14%-20.1pp

Employer contribution / active EE

$4,495

$1,672+168.9%

$2,470+82.0%

$2,281+97.1%

Participant deferral / active EE

$739

$2,686-72.5%

$3,497-78.9%

$3,203-76.9%

Admin fee / account holder

$4,393-100.0%

$5,481-100.0%

$4,296-100.0%

VAN MATRE LUMBER COMPANY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

VAN MATRE LUMBER COMPANY, INC. 401(K) PROFIT SHARING 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