Retirement plan

LUCKY SHOES, INC. AMENDED AND RESTATED 401K PROFIT SHARING PLAN AND TRUST

Name: LUCKY SHOES, INC. - LUCKY SHOES, INC. AMENDED AND RESTATED 401K PROFIT SHARING PLAN AND TRUST (2015) Form 5500
Creator: LUCKY SHOES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LUCKY SHOES, INC. AMENDED AND RESTATED 401K PROFIT SHARING PLAN AND TRUST, LUCKY SHOES, INC.

LUCKY SHOES, INC.EIN 34-0858857Plan #001PY 2015

2685 W MARKET ST - FAIRLAWN, OH 443334235330-836-9542luckyshoes.comLinkedIn51-200 employeesretail

Other plans on this EIN

1 filing

#002Retirement-$558K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.1M

No prior year

Total participants

No prior year

Average account balance

$84,045

No prior year

Annual return

0.41%

No prior year

Benchmarks

See 8,867 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort8,867 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.74M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

96.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$144K

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

+9.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8491

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 codes2E2F2G2J3D

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$284K

$8611 / participant

Other / not subdivided$284K100.0%

% of EOY assets

9.138%

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

$84,045

$45,566+84.4%

$64,105+31.1%

$59,633+40.9%

Participation rate

100.0%

60.2%+39.8pp

68.2%+31.8pp

68.7%+31.3pp

Annual return

0.41%

4.95%-4.5pp

791.24%-790.8pp

2041.45%-2041.0pp

Employer contribution / active EE

$389

$934-58.4%

$1,820-78.6%

$2,203-82.3%

Participant deferral / active EE

$2,328

$2,057+13.2%

$2,822-17.5%

$3,192-27.1%

Admin fee / account holder

$7,680

$3,268+135.0%

$4,499+70.7%

$4,297+78.7%

LUCKY SHOES, INC. AMENDED AND RESTATED 401K PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LUCKY SHOES, INC. AMENDED AND RESTATED 401K 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