Retirement plan

TOM JAMES COMPANY 401(K) AND PROFIT SHARING PLAN

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

TOM JAMES COMPANYEIN 35-1285878Plan #001PY 2017

263 SEABOARD LANE - FRANKLIN, TN 37067615-771-1122tomjames.comLinkedIn1001-5000 employeesapparel & fashion

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$98.9M

+16.7% from 2016

Total participants

2,469

+7.4% from 2016

Average account balance

$41,641

+8.0% from 2016

Annual return

16.50%

+9.85 pp from 2016

Benchmarks

See 331 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort331 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$126.24M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

1,793

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.

93.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.20M

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

+13.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$133

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 8 by compensation

Provider	Service type	Compensation
SOLTIS INVESTMENT ADVISORS3+ years Service code 28 · EIN 87-0506413	Investment Management	$117,417
CHARLES SCHWAB & CO., INC.3+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833	Recordkeeping	$17,870
CAMBRIDGE INVESTMENT RESEARCH3+ years Service code 26 · EIN 20-1665305	Advisory (Participants)	$12,030
FRASIER DEAN AND HOWARD PLLC3+ years Filed as: FRAISER, DEAN & HOWARD, PLLC Service code 10 · EIN 62-1073578	Accounting	$7,250
HAMILTON CAPITAL LLC2 years Filed as: HAMILTON CAPITAL MANAGEMENT IN Service code 26 · EIN 31-1515316	Advisory (Participants)	$5,861
CHARLES SCHWAB & CO., INC.3+ years Service code 33 · EIN 94-1737782	Securities brokerage; Securities brok...	$1,168
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009	Directed Trustee	$1
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB & CO AND AFFILIATES Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3D3H2S

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$160K

$138 / participant

Investment mgmt$135K84.3%
Other / not subdivided$25K15.7%

% of EOY assets

0.162%

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: CHERRY BEKAERT LLP
Auditor EIN: 560574444
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,641

$38,833+7.2%

$78,778-47.1%

$77,958-46.6%

Participation rate

92.0%

60.9%+31.1pp

69.2%+22.8pp

71.6%+20.4pp

Annual return

16.50%

20.31%-3.8pp

35.62%-19.1pp

20.87%-4.4pp

Employer contribution / active EE

$2,926

$840+248.5%

$1,986+47.4%

$2,310+26.6%

Participant deferral / active EE

$3,017

$1,776+69.9%

$2,958+2.0%

$3,537-14.7%

Admin fee / account holder

$68

$89-24.1%

$5,134-98.7%

$97-30.6%

Provider

Service type

Compensation

SOLTIS INVESTMENT ADVISORS3+ years

Service code 28 · EIN 87-0506413

Investment Management

$117,417

CHARLES SCHWAB & CO., INC.3+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICES INC

Service code 15 · EIN 34-1479833

Recordkeeping

$17,870

CAMBRIDGE INVESTMENT RESEARCH3+ years

Service code 26 · EIN 20-1665305

Advisory (Participants)

$12,030

FRASIER DEAN AND HOWARD PLLC3+ years

Filed as: FRAISER, DEAN & HOWARD, PLLC

Service code 10 · EIN 62-1073578

Accounting

$7,250

HAMILTON CAPITAL LLC2 years

Filed as: HAMILTON CAPITAL MANAGEMENT IN

Service code 26 · EIN 31-1515316

Advisory (Participants)

$5,861

CHARLES SCHWAB & CO., INC.3+ years

Service code 33 · EIN 94-1737782

Securities brokerage; Securities brok...

$1,168

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB BANK

Service code 25 · EIN 42-1558009

Directed Trustee

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB & CO AND AFFILIATES

Service code 59

Shareholder Servicing

TOM JAMES COMPANY 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOM JAMES COMPANY 401(K) AND 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