Retirement plan

A. GEMMEN & SONS, INC. 401(K) PLAN

Name: A. GEMMEN & SONS, INC. - A. GEMMEN & SONS, INC. 401(K) PLAN (2016) Form 5500
Creator: A. GEMMEN & SONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, A. GEMMEN & SONS, INC. 401(K) PLAN, A. GEMMEN & SONS, INC.

A. GEMMEN & SONS, INC.EIN 38-1746909Plan #001PY 2016

PO BOX 57 - ALLENDALE, MI 49401616-895-4333

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$576K

+9.3% from 2015

Total participants

0.0% from 2015

Average account balance

$57,561

+9.3% from 2015

Annual return

3.15%

+2.00 pp from 2015

Benchmarks

See 22,113 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,113 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$740K

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

83.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$49K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+8.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$46636

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 codes2J3D

Plan features

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.
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

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

$2K

$188 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.293%

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

$57,561

$131,835-56.3%

$108,582-47.0%

$273,972-79.0%

Participation rate

88.9%

83.5%+5.4pp

79.6%+9.3pp

83.0%+5.9pp

Annual return

3.15%

-91.57%+94.7pp

-51.70%+54.8pp

41.46%-38.3pp

Employer contribution / active EE

$1,345

$4,913-72.6%

$3,758-64.2%

$4,869-72.4%

Participant deferral / active EE

$2,256

$5,127-56.0%

$4,311-47.7%

$5,287-57.3%

Admin fee / account holder

$169

$10,253-98.4%

$7,645-97.8%

$10,133-98.3%

A. GEMMEN & SONS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

A. GEMMEN & SONS, INC. 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