Retirement plan

W. L. LOGAN TRUCKING CO. 401K PROFIT SHARING PLAN

Name: W. L. LOGAN TRUCKING CO. - W. L. LOGAN TRUCKING CO. 401K PROFIT SHARING PLAN (2016) Form 5500
Creator: W. L. LOGAN TRUCKING CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, W. L. LOGAN TRUCKING CO. 401K PROFIT SHARING PLAN, W. L. LOGAN TRUCKING CO.

W. L. LOGAN TRUCKING CO.EIN 34-1039888Plan #001PY 2016

3224 NAVARRE RD SW - CANTON, OH 447061853330-478-1404

Other plans on this EIN

2 filings

#003Retirement-$643K assets #002Retirement-$200K assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3.7M

No prior year

Total participants

114

No prior year

Average account balance

$54,491

No prior year

Annual return

6.75%

No prior year

Benchmarks

See 3,429 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,429 peers

Snapshot2016

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$5.64M

Not enough data

1 years with asset history on file

Average account balance

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

$145K

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.

81.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$210K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24040

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
KRUGLIAK, WILKINS, GRIFFITHS & DOUG1+ years Filed as: KRUGLIAK, WIKINS, GRIFFITHS & DOUGH Service code 13 4775 MUNSON STREET NW · CANTON, OH 44735	Contract Administrator	$2,750
CAPTIAL BANK AND TRUST1+ years Filed as: CAPTIAL RESEARCH & MANAGEMENT CO. Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$775
LPL FINANCIAL1+ years Filed as: LPL FINANCIAL, LLC Service code 13 6450 FRIARWOOD CIRCLE NW · CANTON, OH 447183841	Contract Administrator	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$2K

$22 / participant

Contract admin$57528.8%
Other / not subdivided$1K71.2%

% of EOY assets

0.055%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: REA & ASSOCIATES INC.
Auditor EIN: 341310124
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,491

$47,944+13.7%

$67,834-19.7%

$62,891-13.4%

Participation rate

48.9%

61.1%-12.2pp

68.8%-19.9pp

69.3%-20.4pp

Annual return

6.75%

11.77%-5.0pp

138.47%-131.7pp

20.14%-13.4pp

Employer contribution / active EE

$1,773

$1,562+13.5%

$2,403-26.2%

$2,281-22.3%

Participant deferral / active EE

$880

$2,247-60.8%

$3,160-72.2%

$3,203-72.5%

Admin fee / account holder

$30

$3,712-99.2%

$4,622-99.4%

$4,296-99.3%

Provider

Service type

Compensation

KRUGLIAK, WILKINS, GRIFFITHS & DOUG1+ years

Filed as: KRUGLIAK, WIKINS, GRIFFITHS & DOUGH

Service code 13

4775 MUNSON STREET NW · CANTON, OH 44735

Contract Administrator

$2,750

CAPTIAL BANK AND TRUST1+ years

Filed as: CAPTIAL RESEARCH & MANAGEMENT CO.

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$775

LPL FINANCIAL1+ years

Filed as: LPL FINANCIAL, LLC

Service code 13

6450 FRIARWOOD CIRCLE NW · CANTON, OH 447183841

Contract Administrator

W. L. LOGAN TRUCKING CO. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

W. L. LOGAN TRUCKING CO. 401K 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