Retirement plan

ECKERT'S COMPANIES 401(K) PLAN

Name: ECKERT'S, INC. - ECKERT'S COMPANIES 401(K) PLAN (2021) Form 5500
Creator: ECKERT'S, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ECKERT'S COMPANIES 401(K) PLAN, ECKERT'S, INC.

ECKERT'S, INC.EIN 37-0799152Plan #001PY 2021

951 SOUTH GREEN MOUNT ROAD - BELLEVILLE, IL 62220618-233-0513

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$2.4M

+19.4% from 2020

Total participants

105

+1.0% from 2020

Average account balance

$36,427

+14.1% from 2020

Annual return

13.42%

-2.39 pp from 2020

Benchmarks

See 2,182 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort2,182 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.27M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

81.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$251K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+10.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11023

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

Top 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE4+ years Filed as: EDWARD D JONES & CO Service code 49 · EIN 43-0345811	Other Services	$10,802
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: GREAT-WEST LIFE & ANNUITY INS CO Service code 15 · EIN 84-0467907	Recordkeeping	$690
MESIROW FINANCIAL INVESTMENT MANAGE4+ years Filed as: MESIROW FIN INVESTMENT MGMT, INC. Service code 49 · EIN 36-3429599	Other Services	$0
THE RETIREMENT ADVANTAGE INC4+ years Service code 13 · EIN 39-1816008	Contract Administrator	$0

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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$12K

$144 / participant

Contract admin$12K100.0%

% of EOY assets

0.496%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN, LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,427

$70,587-48.4%

$124,693-70.8%

$85,856-57.6%

Participation rate

54.8%

64.4%-9.7pp

74.6%-19.9pp

69.3%-14.6pp

Annual return

13.42%

20688.83%-20675.4pp

5144.19%-5130.8pp

318.58%-305.2pp

Employer contribution / active EE

$773

$1,913-59.6%

$3,324-76.8%

$2,565-69.9%

Participant deferral / active EE

$1,429

$2,969-51.9%

$4,615-69.0%

$3,952-63.9%

Admin fee / account holder

$181

$5,282-96.6%

$7,494-97.6%

$6,261-97.1%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE4+ years

Filed as: EDWARD D JONES & CO

Service code 49 · EIN 43-0345811

Other Services

$10,802

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: GREAT-WEST LIFE & ANNUITY INS CO

Service code 15 · EIN 84-0467907

Recordkeeping

$690

MESIROW FINANCIAL INVESTMENT MANAGE4+ years

Filed as: MESIROW FIN INVESTMENT MGMT, INC.

Service code 49 · EIN 36-3429599

Other Services

THE RETIREMENT ADVANTAGE INC4+ years

Service code 13 · EIN 39-1816008

Contract Administrator

ECKERT'S COMPANIES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ECKERT'S COMPANIES 401(K) 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