Retirement plan

CONGDON & COMPANY FUNERAL DIRECTORS, LTD. 401(K) PROFIT SHARING PLAN

Name: CONGDON & COMPANY FUNERAL DIRECTORS LTD. - CONGDON & COMPANY FUNERAL DIRECTORS, LTD. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: CONGDON & COMPANY FUNERAL DIRECTORS LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONGDON & COMPANY FUNERAL DIRECTORS, LTD. 401(K) PROFIT SHARING PLAN, CONGDON & COMPANY FUNERAL DIRECTORS LTD.

CONGDON & COMPANY FUNERAL DIRECTORS LTD.EIN 36-2792743Plan #002PY 2017

3012 SHERIDAN ROAD - ZION, IL 600993297847-746-1234

Prospect flagsLow returnsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$842K

+14.1% from 2016

Total participants

0.0% from 2016

Average account balance

$168,499

+14.1% from 2016

Annual return

8.19%

+11.36 pp from 2016

Benchmarks

See 32,058 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort32,058 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.17M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$30K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+5.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8075

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 codes2E2F2G2J

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.

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$13K

$2547 / participant

Other / not subdivided$13K100.0%

% of EOY assets

1.512%

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

$168,499

$99,011+70.2%

$86,582+94.6%

$147,586+14.2%

Participation rate

100.0%

76.3%+23.7pp

73.5%+26.5pp

82.8%+17.2pp

Annual return

8.19%

1312.75%-1304.6pp

965.08%-956.9pp

578.59%-570.4pp

Employer contribution / active EE

$6,270

$3,132+100.2%

$2,839+120.8%

$4,876+28.6%

Participant deferral / active EE

$2,461

$3,972-38.0%

$3,609-31.8%

$5,439-54.7%

Admin fee / account holder

$2,547

$5,709-55.4%

$4,904-48.1%

$10,886-76.6%

CONGDON & COMPANY FUNERAL DIRECTORS, LTD. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONGDON & COMPANY FUNERAL DIRECTORS, LTD. 401(K) 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