Retirement plan

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

Name: A. GEMMEN & SONS, INC. - A. GEMMEN & SONS, INC. 401(K) PLAN (2018) 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 2018

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$707K

+4.6% from 2017

Total participants

-37.5% from 2017

Average account balance

$78,588

+16.2% from 2017

Annual return

-1.96%

-14.74 pp from 2017

Benchmarks

See 22,374 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,374 peers

Snapshot2018

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

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

$11K

$1095 / participant

Other / not subdivided$11K100.0%

% of EOY assets

1.549%

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

$78,588

$135,645-42.1%

$110,243-28.7%

$135,380-41.9%

Participation rate

90.0%

83.5%+6.5pp

79.8%+10.2pp

82.6%+7.4pp

Annual return

-1.96%

513.24%-515.2pp

314.76%-316.7pp

519.81%-521.8pp

Employer contribution / active EE

$1,191

$4,907-75.7%

$3,827-68.9%

$4,779-75.1%

Participant deferral / active EE

$3,921

$5,507-28.8%

$4,672-16.1%

$5,609-30.1%

Admin fee / account holder

$1,217

$11,458-89.4%

$8,548-85.8%

$10,828-88.8%

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