Retirement plan

SPAHN & ROSE LUMBER COMPANY EMPLOYEE'S 401K PROFIT SHARING PLAN

Name: SPAHN & ROSE LUMBER COMPANY - SPAHN & ROSE LUMBER COMPANY EMPLOYEE'S 401K PROFIT SHARING PLAN (2016) Form 5500
Creator: SPAHN & ROSE LUMBER COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPAHN & ROSE LUMBER COMPANY EMPLOYEE'S 401K PROFIT SHARING PLAN, SPAHN & ROSE LUMBER COMPANY

SPAHN & ROSE LUMBER COMPANYEIN 42-0536450Plan #001PY 2016

ATSB, PO BOX 938 - DUBUQUE, IA 520040938800-548-2995spahnandrose.comLinkedIn201-500 employeesbuilding materials

Prospect flagsLow returnsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$19M

+2.4% from 2015

Total participants

251

+2.4% from 2015

Average account balance

$82,518

+3.8% from 2015

Annual return

3.10%

+5.16 pp from 2015

Benchmarks

See 2,356 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,356 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.27M

Not enough data

1 years with asset history on file

Average account balance

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

$69K

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.

497

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.

97.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.55M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+14.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$191

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 1 by compensation

Provider	Service type	Compensation
AMERICAN REALTY ADVISORS2+ years Filed as: AMERICAN TRUST & SAVINGS BANK Service code 15 895 MAIN STREET · DUBUQUE, IA 520040938	Recordkeeping	$94,350

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$94K

$447 / participant

Other / not subdivided$94K100.0%

% of EOY assets

0.497%

all-in expense ratio

Categories reported

0 / 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: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$82,518

$42,546+93.9%

$71,796+14.9%

$55,167+49.6%

Participation rate

90.0%

59.1%+30.9pp

69.1%+20.9pp

69.0%+21.1pp

Annual return

3.10%

12.36%-9.3pp

78.04%-74.9pp

169.23%-166.1pp

Employer contribution / active EE

$2,807

$803+249.4%

$1,924+45.9%

$1,963+43.0%

Participant deferral / active EE

$2,490

$2,064+20.6%

$2,794-10.9%

$3,054-18.5%

Admin fee / account holder

$410

$650-36.8%

$4,815-91.5%

$504-18.6%

Provider

Service type

Compensation

AMERICAN REALTY ADVISORS2+ years

Filed as: AMERICAN TRUST & SAVINGS BANK

Service code 15

895 MAIN STREET · DUBUQUE, IA 520040938

Recordkeeping

$94,350

SPAHN & ROSE LUMBER COMPANY EMPLOYEE'S 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPAHN & ROSE LUMBER COMPANY EMPLOYEE'S 401K 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