Retirement plan

TRI-STATE SOUVENIR AND NOVELTY 401(K) PLAN

Name: DAVID E. BARANCIK, INC. DBA - TRI-STATE SOUVENIR AND NOVELTY 401(K) PLAN (2017) Form 5500
Creator: DAVID E. BARANCIK, INC. DBA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRI-STATE SOUVENIR AND NOVELTY 401(K) PLAN, DAVID E. BARANCIK, INC. DBA

DAVID E. BARANCIK, INC. DBAdba TRI-STATE SOUVENIR AND NOVELTYEIN 35-1910275Plan #001PY 2017

4226 VOGEL ROAD - EVANSVILLE, IN 47715812-437-4052LinkedIn1-10 employeesretail

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$314K

+45.8% from 2016

Total participants

+10.0% from 2016

Average account balance

$31,411

+45.8% from 2016

Annual return

28.14%

+24.46 pp from 2016

Benchmarks

See 7,344 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort7,344 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.14M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

109.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$122K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$311

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 codes2E2F2G2J3D3H

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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$31,411

$113,338-72.3%

$94,993-66.9%

$147,585-78.7%

Participation rate

88.9%

78.0%+10.9pp

73.9%+15.0pp

82.8%+6.1pp

Annual return

28.14%

20.80%+7.3pp

27.14%+1.0pp

578.58%-550.4pp

Employer contribution / active EE

$1,921

$3,160-39.2%

$2,603-26.2%

$4,876-60.6%

Participant deferral / active EE

$2,309

$3,777-38.9%

$3,317-30.4%

$5,439-57.5%

Admin fee / account holder

$6,063-100.0%

$4,960-100.0%

$10,886-100.0%

TRI-STATE SOUVENIR AND NOVELTY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TRI-STATE SOUVENIR AND NOVELTY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion