Retirement plan

ZINGERMANS COMMUNITY OF BUSINESSES EMPLOYEES 401K PLAN

Name: ZINGERMANS COMMUNITY OF BUSINESSES - ZINGERMANS COMMUNITY OF BUSINESSES EMPLOYEES 401K PLAN (2018) Form 5500
Creator: ZINGERMANS COMMUNITY OF BUSINESSES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ZINGERMANS COMMUNITY OF BUSINESSES EMPLOYEES 401K PLAN, ZINGERMANS COMMUNITY OF BUSINESSES

ZINGERMANS COMMUNITY OF BUSINESSESEIN 38-2409230Plan #001PY 2018

3756 PLAZA DRIVE - ANN ARBOR, MI 481081654734-668-4662

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$9.2M

-2.2% from 2017

Total participants

614

-1.6% from 2017

Average account balance

$17,021

-4.0% from 2017

Annual return

-7.47%

-27.39 pp from 2017

Benchmarks

See 1,272 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,272 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.52M

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.

619

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.

92.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.41M

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

+16.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$163

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
AMERICAN UNITED LIFE INSURANCE CO4+ years Service code 15 · EIN 35-0145825	Recordkeeping	$59,428
D.B. ROOT & COMPANY, LLC1 year Filed as: DB ROOT AND CO LLC Service code 16 · EIN 82-1414976	Consulting	$19,919
THE BENEFIT ADVANTAGE, INC.1 year Filed as: THE BENEFIT ADVANTAGE Service code 37 · EIN 38-3254950	Loan Processing	$19,919

Plan features & details

Pension benefit codes2E2F2G2J2K3H3D

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$20K

$40 / participant

Other / not subdivided$20K100.0%

% of EOY assets

0.222%

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: BDO USA, LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,021

$35,485-52.0%

$74,549-77.2%

$55,725-69.5%

Participation rate

85.9%

62.5%+23.4pp

69.1%+16.8pp

70.9%+15.1pp

Annual return

-7.47%

0.72%-8.2pp

32.53%-40.0pp

244.93%-252.4pp

Employer contribution / active EE

$241

$777-69.0%

$1,961-87.7%

$2,078-88.4%

Participant deferral / active EE

$1,641

$2,181-24.8%

$3,108-47.2%

$3,356-51.1%

Admin fee / account holder

$38

$114-66.9%

$5,059-99.3%

$115-67.2%

Provider

Service type

Compensation

AMERICAN UNITED LIFE INSURANCE CO4+ years

Service code 15 · EIN 35-0145825

Recordkeeping

$59,428

D.B. ROOT & COMPANY, LLC1 year

Filed as: DB ROOT AND CO LLC

Service code 16 · EIN 82-1414976

Consulting

$19,919

THE BENEFIT ADVANTAGE, INC.1 year

Filed as: THE BENEFIT ADVANTAGE

Service code 37 · EIN 38-3254950

Loan Processing

$19,919

ZINGERMANS COMMUNITY OF BUSINESSES EMPLOYEES 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ZINGERMANS COMMUNITY OF BUSINESSES EMPLOYEES 401K 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