Retirement plan

ASSOCIATED BEER DISTRIBUTORS OF ILLINOIS, INC. ADMINISTRATION PLAN

Name: ASSOCIATED BEER DISTRIBUTORS OF ILLINOIS, INC. - ASSOCIATED BEER DISTRIBUTORS OF ILLINOIS, INC. ADMINISTRATION PLAN (2023) Form 5500
Creator: ASSOCIATED BEER DISTRIBUTORS OF ILLINOIS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASSOCIATED BEER DISTRIBUTORS OF ILLINOIS, INC. ADMINISTRATION PLAN, ASSOCIATED BEER DISTRIBUTORS OF ILLINOIS, INC.

ASSOCIATED BEER DISTRIBUTORS OF ILLINOIS, INC.EIN 37-0708709Plan #001PY 2023

P.O. BOX 396 - SPRINGFIELD, IL 62705217-528-4371abdi.orgLinkedIn1-10 employeeswholesale

Other plans on this EIN

1 filing

#002Retirement-$594K assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$615K

-35.8% from 2022

Total participants

+25.0% from 2022

Average account balance

$122,951

-48.7% from 2022

Annual return

3.02%

+20.33 pp from 2022

Benchmarks

See 18,494 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort18,494 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$800K

Not enough data

1 years with asset history on file

Average account balance

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

$160K

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

$62K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+20.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2C2E2G3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2E
Profit-sharing
Profit-sharing plan.
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.
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

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.

Expense breakdown

Schedule H Part II

Admin total

$435K

$87080 / participant

Other / not subdivided$435K100.0%

% of EOY assets

70.825%

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

$122,951

$96,361+27.6%

$80,607+52.5%

$139,456-11.8%

Participation rate

100.0%

73.6%+26.4pp

67.0%+33.0pp

80.3%+19.7pp

Annual return

3.02%

1350.95%-1347.9pp

936.11%-933.1pp

373.45%-370.4pp

Employer contribution / active EE

$12,687

$3,262+288.9%

$2,724+365.7%

$4,753+166.9%

Participant deferral / active EE

$5,232-100.0%

$4,448-100.0%

$6,711-100.0%

Admin fee / account holder

$87,080

$6,601+1219.2%

$5,379+1518.8%

$11,407+663.4%

ASSOCIATED BEER DISTRIBUTORS OF ILLINOIS, INC. ADMINISTRATION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASSOCIATED BEER DISTRIBUTORS OF ILLINOIS, INC. ADMINISTRATION 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