Retirement plan

FLEET DISTRIBUTION CENTERS LLC 401(K) PROFIT SHARING PLAN

Name: FLEET DISTRIBUTION CENTERS LLC - FLEET DISTRIBUTION CENTERS LLC 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: FLEET DISTRIBUTION CENTERS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FLEET DISTRIBUTION CENTERS LLC 401(K) PROFIT SHARING PLAN, FLEET DISTRIBUTION CENTERS LLC

FLEET DISTRIBUTION CENTERS LLCEIN 41-2085010Plan #001PY 2019

257 ESSEX STREET - HARRISON, NJ 07029973-485-7100fleet3pl.comLinkedIn51-200 employeeslogistics and supply chain

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$175K

+55.3% from 2018

Total participants

+18.2% from 2018

Average account balance

$21,921

+55.3% from 2018

Annual return

20.96%

+31.66 pp from 2018

Benchmarks

See 6,729 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort6,729 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$494K

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

37.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$61K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+9.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$256

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 codes2E2F2G2J3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$845

$40 / participant

Other / not subdivided$845100.0%

% of EOY assets

0.482%

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

$21,921

$96,524-77.3%

$75,900-71.1%

$152,909-85.7%

Participation rate

14.3%

76.2%-61.9pp

69.3%-55.0pp

82.5%-68.2pp

Annual return

20.96%

33.93%-13.0pp

30.73%-9.8pp

345.46%-324.5pp

Employer contribution / active EE

$709

$3,311-78.6%

$2,501-71.7%

$4,764-85.1%

Participant deferral / active EE

$1,136

$4,554-75.0%

$3,604-68.5%

$5,851-80.6%

Admin fee / account holder

$106

$8,082-98.7%

$5,421-98.1%

$11,601-99.1%

FLEET DISTRIBUTION CENTERS LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FLEET DISTRIBUTION CENTERS LLC 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