Retirement plan

HOME FURNITURE, INC., OF WISCONSIN RAPIDS PROFIT SHARING PLAN

Name: HOME FURNITURE, INC. OF WISCONSIN RAPIDS - HOME FURNITURE, INC., OF WISCONSIN RAPIDS PROFIT SHARING PLAN (2017) Form 5500
Creator: HOME FURNITURE, INC. OF WISCONSIN RAPIDS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOME FURNITURE, INC., OF WISCONSIN RAPIDS PROFIT SHARING PLAN, HOME FURNITURE, INC. OF WISCONSIN RAPIDS

HOME FURNITURE, INC. OF WISCONSIN RAPIDSEIN 39-1175239Plan #001PY 2017

1840 WEST GRAND AVENUE - WISCONSIN RAPIDS, WI 54495715-423-4460homefurniturewi.comLinkedIn11-50 employeesfurniture

Prospect flagsHigh feesLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$1.1M

+13.9% from 2016

Total participants

+4.5% from 2016

Average account balance

$52,819

-13.2% from 2016

Annual return

13.50%

+6.09 pp from 2016

Benchmarks

See 18,212 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,212 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.00M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

142.9%

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

$5K

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

+3.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1414

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 codes2E2F3D

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).
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

3 tripped

OpportunityLow participant contribution
Participant 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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$26K

$1288 / participant

Other / not subdivided$26K100.0%

% of EOY assets

2.323%

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

$52,819

$99,652-47.0%

$78,778-33.0%

$147,586-64.2%

Participation rate

90.0%

76.2%+13.8pp

69.2%+20.8pp

82.8%+7.2pp

Annual return

13.50%

47.28%-33.8pp

35.62%-22.1pp

578.59%-565.1pp

Employer contribution / active EE

$1,500

$2,796-46.3%

$1,986-24.5%

$4,876-69.2%

Participant deferral / active EE

$3,664-100.0%

$2,958-100.0%

$5,439-100.0%

Admin fee / account holder

$1,227

$7,155-82.9%

$5,134-76.1%

$10,886-88.7%

HOME FURNITURE, INC., OF WISCONSIN RAPIDS PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOME FURNITURE, INC., OF WISCONSIN RAPIDS PROFIT SHARING 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