Retirement plan

LEPPINK'S INC. 401(K) PLAN

Name: LEPPINK'S, INC. - LEPPINK'S INC. 401(K) PLAN (2016) Form 5500
Creator: LEPPINK'S, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEPPINK'S INC. 401(K) PLAN, LEPPINK'S, INC.

LEPPINK'S, INC.EIN 38-1885785Plan #001PY 2016

303 WEST MAIN STREET - BELDING, MI 48809616-794-3660LinkedIn201-500 employeesfood & beverages

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$6.5M

+10.2% from 2015

Total participants

285

+1.8% from 2015

Average account balance

$34,137

+11.4% from 2015

Annual return

8.19%

+8.96 pp from 2015

Benchmarks

See 1,184 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,184 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.68M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

107

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.

41.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$248K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+13.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$438

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
HUNTINGTON NATIONAL BANK2+ years Filed as: HUNTINGTON BANK Service code 13 · EIN 38-1885785 PO BOX 1558 · COLUMBUS, OH 43216	Contract Administrator	$17,773
PRONVEST2+ years Filed as: PRONVEST INC Service code 16	Consulting	$8,550

Plan features & details

Pension benefit codes2J2G2K3D

Plan features

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

$26K

$97 / participant

Other / not subdivided$26K100.0%

% of EOY assets

0.408%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BEENE GARTER LLP
Auditor EIN: 381337372
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,137

$37,044-7.8%

$71,796-52.5%

$57,658-40.8%

Participation rate

64.7%

61.1%+3.6pp

69.1%-4.4pp

70.2%-5.5pp

Annual return

8.19%

12.64%-4.5pp

78.04%-69.9pp

5.13%+3.1pp

Employer contribution / active EE

$235

$720-67.4%

$1,924-87.8%

$1,974-88.1%

Participant deferral / active EE

$1,064

$1,974-46.1%

$2,794-61.9%

$3,061-65.2%

Admin fee / account holder

$139

$101+38.0%

$4,815-97.1%

$95+47.3%

Provider

Service type

Compensation

HUNTINGTON NATIONAL BANK2+ years

Filed as: HUNTINGTON BANK

Service code 13 · EIN 38-1885785

PO BOX 1558 · COLUMBUS, OH 43216

Contract Administrator

$17,773

PRONVEST2+ years

Filed as: PRONVEST INC

Service code 16

Consulting

$8,550

LEPPINK'S INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEPPINK'S 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