Retirement plan

FLAGSHIP TRADING CORP PROFIT SHARING AND 401(K) PLAN

Name: FLAGSHIP TRADING CORPORATION - FLAGSHIP TRADING CORP PROFIT SHARING AND 401(K) PLAN (2017) Form 5500
Creator: FLAGSHIP TRADING CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FLAGSHIP TRADING CORP PROFIT SHARING AND 401(K) PLAN, FLAGSHIP TRADING CORPORATION

FLAGSHIP TRADING CORPORATIONEIN 34-1410686Plan #001PY 2017

7000 GRANGER ROAD - INDEPENDENCE, OH 44131216-524-6700

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$3.9M

+7.0% from 2016

Total participants

128

-3.0% from 2016

Average account balance

$34,904

+13.7% from 2016

Annual return

11.15%

+7.18 pp from 2016

Benchmarks

See 2,371 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,371 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.44M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

175

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.

91.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$599K

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

+11.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$168

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 2 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY2 years Service code 13 · EIN 42-0127290	Contract Administrator	$27,754
S B H U LIFE AGENCY INC1 year Service code 49 · EIN 13-2896238	Other Services	$10,720

Plan features & details

Pension benefit codes2E2G2J2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$28K

$239 / participant

Contract admin$28K100.0%

% of EOY assets

0.710%

all-in expense ratio

Categories reported

1 / 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: PEASE & ASSOCIATES, LLC
Auditor EIN: 364267431
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,904

$71,192-51.0%

$117,861-70.4%

$62,293-44.0%

Participation rate

86.2%

74.2%+12.0pp

79.7%+6.5pp

69.5%+16.7pp

Annual return

11.15%

18.66%-7.5pp

335.11%-324.0pp

28.90%-17.7pp

Employer contribution / active EE

$1,635

$1,934-15.5%

$3,786-56.8%

$2,042-19.9%

Participant deferral / active EE

$1,898

$3,189-40.5%

$4,482-57.7%

$3,169-40.1%

Admin fee / account holder

$248

$587-57.8%

$8,021-96.9%

$479-48.3%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY2 years

Service code 13 · EIN 42-0127290

Contract Administrator

$27,754

S B H U LIFE AGENCY INC1 year

Service code 49 · EIN 13-2896238

Other Services

$10,720

FLAGSHIP TRADING CORP PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FLAGSHIP TRADING CORP PROFIT SHARING AND 401(K) 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