Retirement plan

ANIXTER CENTER INCENTIVE SAVINGS PLAN

Name: LESTER AND ROSALIE ANIXTER CENTER - ANIXTER CENTER INCENTIVE SAVINGS PLAN (2017) Form 5500
Creator: LESTER AND ROSALIE ANIXTER CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANIXTER CENTER INCENTIVE SAVINGS PLAN, LESTER AND ROSALIE ANIXTER CENTER

LESTER AND ROSALIE ANIXTER CENTEREIN 36-2244895Plan #001PY 2017

6610 N. CLARK ST. - CHICAGO, IL 60626773-973-7900

Other plans on this EIN

1 filing

#002Retirement-$6.2M assets

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$9M

+4.1% from 2016

Total participants

344

+80.1% from 2016

Average account balance

$45,539

-8.6% from 2016

Annual return

16.02%

+9.13 pp from 2016

Benchmarks

See 704 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Cohort704 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.36M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

209

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.

86.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$500K

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

+15.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$351

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
HOWARD SIMON & ASSOCIATES, INC.3+ years Service code 15 304 SAUNDERS ROAD · RIVERWOODS IL, IL 60015	Recordkeeping	$45,927
TD AMERITRADE, INC.3+ years Filed as: TD AMERITRADE TRUST COMPANY Service code 18 · EIN 20-0937408	Trustee (bank, trust company, or simi...	$5,612

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$48K

$193 / participant

Other / not subdivided$48K100.0%

% of EOY assets

0.536%

all-in expense ratio

Categories reported

0 / 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: BDO USA, LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,539

$287,456-84.2%

$170,435-73.3%

Participation rate

41.0%

60.6%-19.7pp

83.6%-42.6pp

Annual return

16.02%

6.06%+10.0pp

205.94%-189.9pp

Employer contribution / active EE

$2,242-100.0%

$5,432-100.0%

Participant deferral / active EE

$1,214

$2,113-42.5%

$4,939-75.4%

Admin fee / account holder

$244

$39,812-99.4%

$13,881-98.2%

Provider

Service type

Compensation

HOWARD SIMON & ASSOCIATES, INC.3+ years

Service code 15

304 SAUNDERS ROAD · RIVERWOODS IL, IL 60015

Recordkeeping

$45,927

TD AMERITRADE, INC.3+ years

Filed as: TD AMERITRADE TRUST COMPANY

Service code 18 · EIN 20-0937408

Trustee (bank, trust company, or simi...

$5,612

ANIXTER CENTER INCENTIVE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANIXTER CENTER INCENTIVE SAVINGS 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