Retirement plan

RUNNING SUPPLY, INC. 401(K) PROFIT SHARING PLAN

Name: RUNNING SUPPLY, INC. - RUNNING SUPPLY, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: RUNNING SUPPLY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RUNNING SUPPLY, INC. 401(K) PROFIT SHARING PLAN, RUNNING SUPPLY, INC.

RUNNING SUPPLY, INC.EIN 41-1000882Plan #002PY 2016

901 N HWY 59 - MARSHALL, MN 56258507-532-9566runningsupply.comLinkedIn501-1000 employees

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$14.8M

+16.2% from 2015

Total participants

967

+42.2% from 2015

Average account balance

$34,979

+9.6% from 2015

Annual return

9.97%

+8.88 pp from 2015

Benchmarks

See 1,184 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,184 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$31.56M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

586

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.

24.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.47M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+13.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$166

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

1 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
MILLIMAN, INC.2+ years Service code 15 · EIN 91-0675641	Recordkeeping	$65,637
SMITH HAYES ADVISERS, INC.2+ years Filed as: HAYES COMPANIES Service code 27 · EIN 47-0688871	Advisory (Plan)	$35,000
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009	Securities Custodian	$6,832
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB & CO, INC. Service code 19	Securities Custodian	$0
CHARLES SCHWAB & CO., INC.2+ years Service code 19 · EIN 94-1737782	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$101K

$111 / participant

Investment mgmt$35K34.8%
Other / not subdivided$66K65.2%

% of EOY assets

0.682%

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: HOFFMAN & BROBST
Auditor EIN: 410978542
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,979

$37,044-5.6%

$71,796-51.3%

$57,658-39.3%

Participation rate

39.9%

61.1%-21.2pp

69.1%-29.2pp

70.2%-30.3pp

Annual return

9.97%

12.64%-2.7pp

78.04%-68.1pp

5.13%+4.8pp

Employer contribution / active EE

$532

$720-26.1%

$1,924-72.3%

$1,974-73.0%

Participant deferral / active EE

$877

$1,974-55.6%

$2,794-68.6%

$3,061-71.3%

Admin fee / account holder

$238

$101+136.3%

$4,815-95.0%

$95+152.3%

Provider

Service type

Compensation

MILLIMAN, INC.2+ years

Service code 15 · EIN 91-0675641

Recordkeeping

$65,637

SMITH HAYES ADVISERS, INC.2+ years

Filed as: HAYES COMPANIES

Service code 27 · EIN 47-0688871

Advisory (Plan)

$35,000

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

Securities Custodian

$6,832

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB & CO, INC.

Service code 19

Securities Custodian

CHARLES SCHWAB & CO., INC.2+ years

Service code 19 · EIN 94-1737782

Securities Custodian

RUNNING SUPPLY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RUNNING SUPPLY, INC. 401(K) 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