Retirement plan

AMERICAN OLEAN MIDWEST, LLC EMPLOYEES' PROFIT SHARING AND SAVINGS PLAN

Name: AMERICAN OLEAN MIDWEST, LLC - AMERICAN OLEAN MIDWEST, LLC EMPLOYEES' PROFIT SHARING AND SAVINGS PLAN (2018) Form 5500
Creator: AMERICAN OLEAN MIDWEST, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN OLEAN MIDWEST, LLC EMPLOYEES' PROFIT SHARING AND SAVINGS PLAN, AMERICAN OLEAN MIDWEST, LLC

AMERICAN OLEAN MIDWEST, LLCEIN 36-4207876Plan #001PY 2018

805 MARK ST - ELK GROVE VILLAGE, IL 60007630-873-8252aomidwest.comLinkedIn51-200 employeesbuilding materials

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.3M

-9.2% from 2017

Total participants

-14.5% from 2017

Average account balance

$61,298

-4.4% from 2017

Annual return

-5.80%

-19.07 pp from 2017

Benchmarks

See 9,277 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,277 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$66K

Not enough data

1 years with asset history on file

Average account balance

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

$5K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+1.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$931

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 codes2E3D2G2J2F2T

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

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

$239K

$6469 / participant

Other / not subdivided$239K100.0%

% of EOY assets

10.276%

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

$61,298

$72,404-15.3%

$110,241-44.4%

$64,181-4.5%

Participation rate

75.7%

73.3%+2.3pp

79.8%-4.1pp

69.6%+6.1pp

Annual return

-5.80%

-6.29%+0.5pp

314.75%-320.6pp

7.63%-13.4pp

Employer contribution / active EE

$1,363

$2,282-40.3%

$3,827-64.4%

$2,381-42.7%

Participant deferral / active EE

$2,677

$3,469-22.8%

$4,672-42.7%

$3,470-22.8%

Admin fee / account holder

$6,299

$5,664+11.2%

$8,548-26.3%

$4,887+28.9%

AMERICAN OLEAN MIDWEST, LLC EMPLOYEES' PROFIT SHARING AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN OLEAN MIDWEST, LLC EMPLOYEES' PROFIT SHARING AND 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