Retirement plan

QUILLIN'S EMPLOYEES' PROFIT SHARING & 401(K) PLAN

Name: QUILLIN'S, INC. - QUILLIN'S EMPLOYEES' PROFIT SHARING & 401(K) PLAN (2018) Form 5500
Creator: QUILLIN'S, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, QUILLIN'S EMPLOYEES' PROFIT SHARING & 401(K) PLAN, QUILLIN'S, INC.

QUILLIN'S, INC.EIN 39-1037667Plan #001PY 2018

700 N. THIRD STREET, SUITE 105 - LACROSSE, WI 54601608-785-1424quillinsfoods.comLinkedIn201-500 employeestelecommunications

Prospect flagsHigh feesLow participationLow employer contributionLow participant contributionRecently reached 100 employees

How to read this page

Total assets (EOY)

$2.8M

-4.0% from 2017

Total participants

255

+20.3% from 2017

Average account balance

$24,029

-20.3% from 2017

Annual return

-3.54%

-16.85 pp from 2017

Benchmarks

See 1,738 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,738 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.54M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

53.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$100K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$746

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

+10.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2565

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

Top 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EDWARD D JONES & CO Service code 26 · EIN 43-0345811 12555 MANCHESTER ROAD · ST LOUIS, MO 63131	Advisory (Participants)	$14,500
WILSHIRE ASSOCIATES INCORPORATED2 years Filed as: WILSHIRE ASSOCIATES INC Service code 26 · EIN 95-2755361 1299 OCEAN AVENUE · SANTA MONICA, CA 904011085	Advisory (Participants)	$580
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK LIFE INSUANCE CO. USA Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600	Recordkeeping	$325
JOHN HANCOCK LIFE INSURANCE COMPANY3 years Filed as: JOHN HANCOCK LIFE INS CO. Service code 15	Recordkeeping	$0
NORTHWESTERN MUTUAL INVESTMENT SERV4+ years Filed as: NORTHWESTERN WIS. ASSOCIATES, INC. Service code 13 · EIN 39-1444845 PO BOX 907 · WAUSAU, WI 54402	Contract Administrator	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
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

5 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$39K

$167 / participant

Contract admin$39K100.0%

% of EOY assets

1.387%

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: GASSNER COMPANY SC
Auditor EIN: 391336018
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,029

$44,873-46.5%

$79,467-69.8%

$56,289-57.3%

Participation rate

41.9%

68.7%-26.8pp

73.3%-31.4pp

69.9%-27.9pp

Annual return

-3.54%

0.81%-4.4pp

718.30%-721.8pp

-9.96%+6.4pp

Employer contribution / active EE

$16

$2,140-99.3%

$2,800-99.4%

$2,111-99.2%

Participant deferral / active EE

$670

$2,746-75.6%

$3,704-81.9%

$3,350-80.0%

Admin fee / account holder

$333

$418-20.4%

$5,104-93.5%

$521-36.0%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EDWARD D JONES & CO

Service code 26 · EIN 43-0345811

12555 MANCHESTER ROAD · ST LOUIS, MO 63131

Advisory (Participants)

$14,500

WILSHIRE ASSOCIATES INCORPORATED2 years

Filed as: WILSHIRE ASSOCIATES INC

Service code 26 · EIN 95-2755361

1299 OCEAN AVENUE · SANTA MONICA, CA 904011085

Advisory (Participants)

$580

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK LIFE INSUANCE CO. USA

Service code 15 · EIN 01-0233346

PO BOX 600 · BUFFALO, NY 142010600

Recordkeeping

$325

JOHN HANCOCK LIFE INSURANCE COMPANY3 years

Filed as: JOHN HANCOCK LIFE INS CO.

Service code 15

Recordkeeping

NORTHWESTERN MUTUAL INVESTMENT SERV4+ years

Filed as: NORTHWESTERN WIS. ASSOCIATES, INC.

Service code 13 · EIN 39-1444845

PO BOX 907 · WAUSAU, WI 54402

Contract Administrator

QUILLIN'S EMPLOYEES' PROFIT SHARING & 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

QUILLIN'S EMPLOYEES' PROFIT SHARING & 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