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 (2021) 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 2021

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$298K

+26.6% from 2020

Total participants

+4.3% from 2020

Average account balance

$42,529

+26.6% from 2020

Annual return

10.45%

-3.24 pp from 2020

Benchmarks

See 1,287 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort1,287 peers

Snapshot2021

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

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

$2K

$82 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.523%

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

$42,529

$136,214-68.8%

$98,775-56.9%

$167,536-74.6%

Participation rate

10.5%

70.2%-59.7pp

65.7%-55.2pp

82.1%-71.6pp

Annual return

10.45%

67.53%-57.1pp

49.92%-39.5pp

478.82%-468.4pp

Employer contribution / active EE

$761

$2,631-71.1%

$2,067-63.2%

$4,839-84.3%

Participant deferral / active EE

$1,236

$3,716-66.7%

$3,035-59.3%

$6,342-80.5%

Admin fee / account holder

$223

$5,031-95.6%

$4,076-94.5%

$12,315-98.2%

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