Retirement plan

NORTHERN FACTORY SALES, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Name: NORTHERN FACTORY SALES, INC. - NORTHERN FACTORY SALES, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST (2015) Form 5500
Creator: NORTHERN FACTORY SALES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHERN FACTORY SALES, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST, NORTHERN FACTORY SALES, INC.

NORTHERN FACTORY SALES, INC.EIN 41-1571247Plan #003PY 2015

2701 4TH AVENUE SW, PO BOX 660 - WILLMAR, MN 56201320-235-2288LinkedIn1-10 employees

Other plans on this EIN

1 filing

#001Retirement-$7.8M assets

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$10.6M

No prior year

Total participants

No prior year

Average account balance

$118,652

No prior year

Annual return

142.73%

No prior year

Benchmarks

See 8,334 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort8,334 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$84.31M

Not enough data

1 years with asset history on file

Average account balance

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

$852K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$25K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$296

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

+8.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$69920

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 codes2I2P2Q3D3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
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.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$14K

$168 / participant

Other / not subdivided$14K100.0%

% of EOY assets

0.133%

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

$118,652

$65,704+80.6%

$94,229+25.9%

$59,633+99.0%

Participation rate

100.0%

72.1%+27.9pp

78.8%+21.2pp

68.7%+31.3pp

Annual return

142.73%

5.22%+137.5pp

10.68%+132.0pp

2041.45%-1898.7pp

Employer contribution / active EE

$303

$2,021-85.0%

$3,587-91.6%

$2,203-86.2%

Participant deferral / active EE

$3,143-100.0%

$4,320-100.0%

$3,192-100.0%

Admin fee / account holder

$158

$4,265-96.3%

$6,269-97.5%

$4,297-96.3%

NORTHERN FACTORY SALES, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTHERN FACTORY SALES, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

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