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 (2019) 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 2019

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

Other plans on this EIN

1 filing

#002Retirement-$1.4M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.3M

+29.2% from 2018

Total participants

+10.0% from 2018

Average account balance

$125,212

+29.2% from 2018

Annual return

21.41%

+2.65 pp from 2018

Benchmarks

See 1,115 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort1,115 peers

Snapshot2019

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

$768 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.491%

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

$125,212

$119,143+5.1%

$88,632+41.3%

$152,909-18.1%

Participation rate

87.5%

73.4%+14.1pp

68.8%+18.7pp

82.5%+5.0pp

Annual return

21.41%

48.12%-26.7pp

43.75%-22.3pp

345.46%-324.1pp

Employer contribution / active EE

$4,202

$2,675+57.1%

$2,101+100.0%

$4,764-11.8%

Participant deferral / active EE

$5,246

$3,555+47.6%

$2,917+79.9%

$5,851-10.3%

Admin fee / account holder

$615

$5,875-89.5%

$4,308-85.7%

$11,601-94.7%

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