Retirement plan

LAKE SUPERIOR WAREHOUSING COMPANY, INC. NON-UNION SAFE HARBOR 401(K) PLAN

Name: LAKE SUPERIOR WAREHOUSING, INC. - LAKE SUPERIOR WAREHOUSING COMPANY, INC. NON-UNION SAFE HARBOR 401(K) PLAN (2018) Form 5500
Creator: LAKE SUPERIOR WAREHOUSING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAKE SUPERIOR WAREHOUSING COMPANY, INC. NON-UNION SAFE HARBOR 401(K) PLAN, LAKE SUPERIOR WAREHOUSING, INC.

LAKE SUPERIOR WAREHOUSING, INC.EIN 39-1622031Plan #003PY 2018

1210 PORT TERMINAL DRIVE - DULUTH, MN 55802218-727-6646lakesuperiorwarehousing.comLinkedIn1-10 employeeswarehousing

Other plans on this EIN

1 filing

#002Retirement-$1.1M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$969K

+28.5% from 2017

Total participants

+25.0% from 2017

Average account balance

$96,908

+2.8% from 2017

Annual return

18.76%

+1.93 pp from 2017

Benchmarks

See 1,045 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort1,045 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.47M

Not enough data

1 years with asset history on file

Average account balance

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

$155K

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.

51.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$146K

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

+15.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3859

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$6K

$700 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.578%

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

$96,908

$101,283-4.3%

$75,826+27.8%

$135,380-28.4%

Participation rate

100.0%

72.7%+27.3pp

68.2%+31.8pp

82.6%+17.4pp

Annual return

18.76%

3384.62%-3365.9pp

1914.15%-1895.4pp

519.81%-501.0pp

Employer contribution / active EE

$4,048

$2,382+69.9%

$1,913+111.5%

$4,779-15.3%

Participant deferral / active EE

$5,097

$3,469+46.9%

$2,862+78.0%

$5,609-9.1%

Admin fee / account holder

$560

$6,539-91.4%

$4,726-88.1%

$10,828-94.8%

LAKE SUPERIOR WAREHOUSING COMPANY, INC. NON-UNION SAFE HARBOR 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAKE SUPERIOR WAREHOUSING COMPANY, INC. NON-UNION SAFE HARBOR 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