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 (2016) 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 2016

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

Other plans on this EIN

1 filing

#001Retirement-$8.4M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$14.2M

+34.4% from 2015

Total participants

+10.1% from 2015

Average account balance

$144,855

+22.1% from 2015

Annual return

33.76%

-108.98 pp from 2015

Benchmarks

See 9,335 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,335 peers

Snapshot2016

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$15K

$165 / participant

Other / not subdivided$15K100.0%

% of EOY assets

0.103%

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

$144,855

$69,977+107.0%

$108,582+33.4%

$62,881+130.4%

Participation rate

100.0%

72.9%+27.1pp

79.6%+20.4pp

69.3%+30.7pp

Annual return

33.76%

10.73%+23.0pp

-51.70%+85.5pp

20.14%+13.6pp

Employer contribution / active EE

$801

$2,135-62.5%

$3,758-78.7%

$2,281-64.9%

Participant deferral / active EE

$3,165-100.0%

$4,311-100.0%

$3,203-100.0%

Admin fee / account holder

$150

$5,076-97.1%

$7,645-98.0%

$4,296-96.5%

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