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 (2018) 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 2018

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

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$847K

+0.5% from 2017

Total participants

+20.0% from 2017

Average account balance

$141,136

-16.2% from 2017

Annual return

4.31%

-3.88 pp from 2017

Benchmarks

See 33,727 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort33,727 peers

Snapshot2018

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$76K

$15299 / participant

Other / not subdivided$76K100.0%

% of EOY assets

9.033%

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

$141,136

$90,606+55.8%

$79,466+77.6%

$135,379+4.3%

Participation rate

100.0%

76.0%+24.0pp

73.3%+26.7pp

82.6%+17.4pp

Annual return

4.31%

977.69%-973.4pp

718.28%-714.0pp

519.79%-515.5pp

Employer contribution / active EE

$4,630

$3,068+50.9%

$2,800+65.3%

$4,779-3.1%

Participant deferral / active EE

$1,493

$4,050-63.1%

$3,704-59.7%

$5,609-73.4%

Admin fee / account holder

$12,749

$5,895+116.3%

$5,104+149.8%

$10,828+17.7%

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