Retirement plan

LEPPINK'S INC. 401(K) PLAN

Name: LEPPINK'S, INC. - LEPPINK'S INC. 401(K) PLAN (2017) 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 2017

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$7.5M

+16.9% from 2016

Total participants

277

-2.8% from 2016

Average account balance

$35,236

+3.2% from 2016

Annual return

16.27%

+8.08 pp from 2016

Benchmarks

See 2,319 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,319 peers

Snapshot2017

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 3 by compensation

Provider	Service type	Compensation
HUNTINGTON NATIONAL BANK3+ years Filed as: HUNTINGTON BANK Service code 15 · EIN 31-0966785	Recordkeeping	$6,869
TRANSAMERICA RETIREMENT SOLUTIONS1 year Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$1,393
MESIROW FINANCIAL INVESTMENT MANAGE1 year Filed as: MESIEROW FINANCIAL INC Service code 27 · EIN 36-3194849	Advisory (Plan)	$1,252

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$12K

$48 / participant

Contract admin$12K100.0%

% of EOY assets

0.153%

all-in expense ratio

Categories reported

1 / 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

$35,236

$51,466-31.5%

$78,778-55.3%

$62,293-43.4%

Participation rate

74.0%

59.8%+14.2pp

69.2%+4.8pp

69.5%+4.5pp

Annual return

16.27%

19.96%-3.7pp

35.62%-19.3pp

28.90%-12.6pp

Employer contribution / active EE

$258

$827-68.9%

$1,986-87.0%

$2,042-87.4%

Participant deferral / active EE

$1,308

$2,147-39.1%

$2,958-55.8%

$3,169-58.7%

Admin fee / account holder

$54

$489-89.0%

$5,134-99.0%

$479-88.8%

Provider

Service type

Compensation

HUNTINGTON NATIONAL BANK3+ years

Filed as: HUNTINGTON BANK

Service code 15 · EIN 31-0966785

Recordkeeping

$6,869

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$1,393

MESIROW FINANCIAL INVESTMENT MANAGE1 year

Filed as: MESIEROW FINANCIAL INC

Service code 27 · EIN 36-3194849

Advisory (Plan)

$1,252

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