Retirement plan

SCHUHAM BUILDERS SUPPLY CO., INC. 401(K) PLAN

Name: SCHUHAM BUILDERS SUPPLY CO., INC. - SCHUHAM BUILDERS SUPPLY CO., INC. 401(K) PLAN (2016) Form 5500
Creator: SCHUHAM BUILDERS SUPPLY CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCHUHAM BUILDERS SUPPLY CO., INC. 401(K) PLAN, SCHUHAM BUILDERS SUPPLY CO., INC.

SCHUHAM BUILDERS SUPPLY CO., INC.EIN 36-2080119Plan #001PY 2016

4640 N. ELSTON AVE. - CHICAGO, IL 60630773-286-0123schuham.comLinkedIn11-50 employeeswholesale

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$1.4M

+8.1% from 2015

Total participants

+8.7% from 2015

Average account balance

$68,811

+8.1% from 2015

Annual return

6.81%

+8.04 pp from 2015

Benchmarks

See 21,241 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,241 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.47M

Not enough data

1 years with asset history on file

Average account balance

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

$137K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$48K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+8.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4069

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 codes2E2F2G2J3D

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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$17K

$950 / participant

Other / not subdivided$17K100.0%

% of EOY assets

1.183%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$68,811

$88,707-22.4%

$74,184-7.2%

$273,972-74.9%

Participation rate

77.8%

79.4%-1.7pp

76.6%+1.2pp

83.0%-5.2pp

Annual return

6.81%

11.94%-5.1pp

17.74%-10.9pp

41.46%-34.6pp

Employer contribution / active EE

$819

$3,159-74.1%

$2,370-65.5%

$4,869-83.2%

Participant deferral / active EE

$1,121

$4,212-73.4%

$3,550-68.4%

$5,287-78.8%

Admin fee / account holder

$814

$8,717-90.7%

$5,586-85.4%

$10,133-92.0%

SCHUHAM BUILDERS SUPPLY CO., INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCHUHAM BUILDERS SUPPLY CO., INC. 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