Retirement plan

THE GORDON LUMBER COMPANY 401(K) PS PLAN

Name: GORDON LUMBER COMPANY - THE GORDON LUMBER COMPANY 401(K) PS PLAN (2018) Form 5500
Creator: GORDON LUMBER COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE GORDON LUMBER COMPANY 401(K) PS PLAN, GORDON LUMBER COMPANY

GORDON LUMBER COMPANYEIN 34-4245585Plan #003PY 2018

1515 CROGHAN STREET - FREMONT, OH 43420419-333-5444gordonlumber.comLinkedIn51-200 employeesbuilding materials

Other plans on this EIN

1 filing

#002Retirement-$183K assets

Prospect flagsLow assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$2.1M

+14.6% from 2017

Total participants

143

+6.7% from 2017

Average account balance

$17,090

+5.4% from 2017

Annual return

1.05%

-15.58 pp from 2017

Benchmarks

See 2,219 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,219 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.45M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

160.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$270K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10938

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 2 by compensation

Provider	Service type	Compensation
ASCENSUS LLC1 year Service code 15 · EIN 11-3665754	Recordkeeping	$12,793
EVERHART ADVISORS2 years Filed as: EVERHEART FINANCIAL GROUP Service code 27 535 METRO PLACE SOUTH · DUBLIN, OH 43017	Advisory (Plan)	$11,956

Plan features & details

Pension benefit codes2S2E2G2J2K2F2T

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

Opportunity flags

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$25K

$196 / participant

Investment mgmt$12K48.3%
Contract admin$13K51.7%

% of EOY assets

1.168%

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: WILLIAM VAUGHAN COMPANY
Auditor EIN: 341145015
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,090

$42,548-59.8%

$74,551-77.1%

$56,289-69.6%

Participation rate

84.9%

60.5%+24.4pp

69.1%+15.8pp

69.9%+15.1pp

Annual return

1.05%

12.40%-11.4pp

32.53%-31.5pp

-9.96%+11.0pp

Employer contribution / active EE

$516

$855-39.6%

$1,961-73.7%

$2,111-75.5%

Participant deferral / active EE

$2,417

$2,277+6.1%

$3,108-22.3%

$3,350-27.9%

Admin fee / account holder

$200

$467-57.3%

$5,059-96.1%

$521-61.7%

Provider

Service type

Compensation

ASCENSUS LLC1 year

Service code 15 · EIN 11-3665754

Recordkeeping

$12,793

EVERHART ADVISORS2 years

Filed as: EVERHEART FINANCIAL GROUP

Service code 27

535 METRO PLACE SOUTH · DUBLIN, OH 43017

Advisory (Plan)

$11,956

THE GORDON LUMBER COMPANY 401(K) PS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE GORDON LUMBER COMPANY 401(K) PS 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