Retirement plan

NELSON YOUNG LUMBER COMPANY AND NELSON TRUSS RETIREMENT PLAN

Name: NELSON YOUNG LUMBER COMPANY, INC. - NELSON YOUNG LUMBER COMPANY AND NELSON TRUSS RETIREMENT PLAN (2019) Form 5500
Creator: NELSON YOUNG LUMBER COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NELSON YOUNG LUMBER COMPANY AND NELSON TRUSS RETIREMENT PLAN, NELSON YOUNG LUMBER COMPANY, INC.

NELSON YOUNG LUMBER COMPANY, INC.EIN 39-0590240Plan #001PY 2019

11 SOUTH CATLIN STREET - EDGERTON, WI 53534608-884-3316nylumber.comLinkedIn51-200 employeesbuilding materials

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$11.1M

+12.7% from 2018

Total participants

+3.8% from 2018

Average account balance

$222,754

+19.5% from 2018

Annual return

21.01%

+27.10 pp from 2018

Benchmarks

See 9,366 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,366 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.99M

Not enough data

1 years with asset history on file

Average account balance

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

$239K

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.

117.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$752K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+12.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4538

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 codes2E2F2G2J2T3D

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

$1.1M

$23377 / participant

Other / not subdivided$1M100.0%

% of EOY assets

10.075%

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

$222,754

$58,493+280.8%

$84,021+165.1%

$72,975+205.2%

Participation rate

89.6%

61.2%+28.4pp

69.0%+20.6pp

69.5%+20.1pp

Annual return

21.01%

28.93%-7.9pp

71.32%-50.3pp

81.01%-60.0pp

Employer contribution / active EE

$2,500

$1,163+115.0%

$1,984+26.0%

$2,440+2.5%

Participant deferral / active EE

$3,244

$2,394+35.5%

$3,239+0.2%

$3,608-10.1%

Admin fee / account holder

$22,442

$4,569+391.2%

$6,102+267.8%

$5,124+338.0%

NELSON YOUNG LUMBER COMPANY AND NELSON TRUSS RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NELSON YOUNG LUMBER COMPANY AND NELSON TRUSS RETIREMENT 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