Retirement plan

RESOURCES LTD DBA MAXON'S DIAMOND 401(K) P/S PLAN

Name: RESOURCES LTD. DBA MAXON'S DIAMOND MERCHANTS - RESOURCES LTD DBA MAXON'S DIAMOND 401(K) P/S PLAN (2017) Form 5500
Creator: RESOURCES LTD. DBA MAXON'S DIAMOND MERCHANTS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RESOURCES LTD DBA MAXON'S DIAMOND 401(K) P/S PLAN, RESOURCES LTD. DBA MAXON'S DIAMOND MERCHANTS

RESOURCES LTD. DBA MAXON'S DIAMOND MERCHANTSEIN 43-1021855Plan #001PY 2017

2850 E. BATTLEFIELD - SPRINGFIELD, MO 65804417-887-1800

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$643K

+23.3% from 2016

Total participants

-33.3% from 2016

Average account balance

$107,197

+85.0% from 2016

Annual return

16.62%

+7.31 pp from 2016

Benchmarks

See 18,212 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,212 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$342K

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

72.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$127K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+0.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$273

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 codes2E2J2T2G3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$44K

$7265 / participant

Other / not subdivided$44K100.0%

% of EOY assets

6.777%

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

$107,197

$99,652+7.6%

$78,778+36.1%

$147,586-27.4%

Participation rate

100.0%

76.2%+23.8pp

69.2%+30.8pp

82.8%+17.2pp

Annual return

16.62%

47.28%-30.7pp

35.62%-19.0pp

578.59%-562.0pp

Employer contribution / active EE

$5,396

$2,796+93.0%

$1,986+171.7%

$4,876+10.6%

Participant deferral / active EE

$7,249

$3,664+97.9%

$2,958+145.1%

$5,439+33.3%

Admin fee / account holder

$7,265

$7,155+1.5%

$5,134+41.5%

$10,886-33.3%

RESOURCES LTD DBA MAXON'S DIAMOND 401(K) P/S PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RESOURCES LTD DBA MAXON'S DIAMOND 401(K) P/S 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