Retirement plan

WAREHOUSE DIRECT INCORPORATED 401(K) PROFIT SHARING PLAN AND TRUST

Name: WAREHOUSE DIRECT INCORPORATED - WAREHOUSE DIRECT INCORPORATED 401(K) PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: WAREHOUSE DIRECT INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WAREHOUSE DIRECT INCORPORATED 401(K) PROFIT SHARING PLAN AND TRUST, WAREHOUSE DIRECT INCORPORATED

WAREHOUSE DIRECT INCORPORATEDEIN 36-3036801Plan #001PY 2020

CARE OF CARNOW AND ASSOCIATES, LTD., 778 FRONTAGE ROAD, SUITE 101 - NORTHFIELD, IL 60093847-631-0596LinkedIn1-10 employees

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$14.8M

+18.6% from 2019

Total participants

347

-3.1% from 2019

Average account balance

$45,439

+21.5% from 2019

Annual return

16.05%

-10.10 pp from 2019

Benchmarks

See 1,266 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,266 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.78M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

329

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.

86.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.55M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$291

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: GREAT-WEST LIFE & ANNUITY INS. CO. Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$74,485
BAKER TILLY US, LLP3 years Filed as: BAKER TILLY Service code 10 115 S. 84TH STREET. STE 400 · MILWAUKEE, WI 53214	Accounting	$30,300
FIDUCIARY FINANCIAL PARTNERS, LLC4 years Service code 27 1250 E. DIEHL ROAD, STE. 404 · NAPERVILLE, IL 60563	Advisory (Plan)	$28,638
CARNOW AND ASSOCIATES, LTD.4 years Service code 13 778 FRONTAGE ROAD · NORTHFIELD, IL 600931209	Contract Administrator	$5,900

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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$97K

$317 / participant

Other / not subdivided$97K100.0%

% of EOY assets

0.654%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY, US LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,439

$78,419-42.1%

$133,971-66.1%

$73,412-38.1%

Participation rate

92.8%

78.6%+14.2pp

79.8%+12.9pp

72.2%+20.6pp

Annual return

16.05%

33.35%-17.3pp

45.09%-29.0pp

59.30%-43.2pp

Employer contribution / active EE

$98

$2,044-95.2%

$3,919-97.5%

$2,234-95.6%

Participant deferral / active EE

$3,834

$3,925-2.3%

$5,047-24.0%

$3,806+0.7%

Admin fee / account holder

$297

$161+84.2%

$8,929-96.7%

$158+88.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: GREAT-WEST LIFE & ANNUITY INS. CO.

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$74,485

BAKER TILLY US, LLP3 years

Filed as: BAKER TILLY

Service code 10

115 S. 84TH STREET. STE 400 · MILWAUKEE, WI 53214

Accounting

$30,300

FIDUCIARY FINANCIAL PARTNERS, LLC4 years

Service code 27

1250 E. DIEHL ROAD, STE. 404 · NAPERVILLE, IL 60563

Advisory (Plan)

$28,638

CARNOW AND ASSOCIATES, LTD.4 years

Service code 13

778 FRONTAGE ROAD · NORTHFIELD, IL 600931209

Contract Administrator

$5,900

WAREHOUSE DIRECT INCORPORATED 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WAREHOUSE DIRECT INCORPORATED 401(K) PROFIT SHARING PLAN AND TRUST

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