Retirement plan

MCDONALD'S OF BLOOMINGTON-NORMAL 401(K) SAVINGS PLAN & TRUST

Name: S. J. LAD, INC. - MCDONALD'S OF BLOOMINGTON-NORMAL 401(K) SAVINGS PLAN & TRUST (2017) Form 5500
Creator: S. J. LAD, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MCDONALD'S OF BLOOMINGTON-NORMAL 401(K) SAVINGS PLAN & TRUST, S. J. LAD, INC.

S. J. LAD, INC.EIN 43-1381535Plan #001PY 2017

1607 COMMERCE PARKWAY - BLOOMINGTON, IL 61704309-663-4181LinkedIn201-500 employeesrestaurants

Prospect flagsLow returnsHigh feesLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$1.7M

-46.3% from 2016

Total participants

-75.3% from 2016

Average account balance

$45,917

+27.2% from 2016

Annual return

11.05%

+4.78 pp from 2016

Benchmarks

See 2,983 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort2,983 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.48M

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.

41.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$50K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$767

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

+14.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2497

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

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Service providers

Top 7 by compensation

Provider	Service type	Compensation
COUNTRY TRUST BANK3+ years Service code 15 1705 N TOWANDA AVE · BLOOMINGTON, IL 61702	Recordkeeping	$13,023
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH & MGMT COMPANY Service code 52 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Indirect Investment Fees	$0
FEDERATED3+ years Filed as: FEDERATED INVESTORS, INC. Service code 52 1001 LIBERTY AVE · PITTSBURGH, PA 152223779	Indirect Investment Fees	$0
JP MORGAN INVESTMENT MANAGEMENT INC3+ years Filed as: J.P. MORGAN INVESTMENT MANAGEMENT Service code 52	Indirect Investment Fees	$0
JP MORGAN INVESTMENT MANAGEMENT INC1 year Service code 52 345 PARK AVE · NEW YORK, NY 10017	Indirect Investment Fees	$0
T ROWE PRICE RPS INC3+ years Filed as: T. ROWE PRICE ASSOCIATES, INC. Service code 52 100 EAST PRATT STREET · BALTIMORE, MD 21202	Indirect Investment Fees	$0
THE VANGUARD GROUP, INC.3+ years Service code 52 PO BOX 2900 · VALLEY FORGE, PA 194822900	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$13K

$237 / participant

Investment mgmt$13K100.0%

% of EOY assets

0.746%

all-in expense ratio

Categories reported

1 / 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: STRIEGEL KNOBLOCH & CO., LLC
Auditor EIN: 371122831
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,917

$35,183+30.5%

$73,550-37.6%

$70,126-34.5%

Participation rate

40.0%

42.9%-2.9pp

54.9%-14.9pp

69.5%-29.5pp

Annual return

11.05%

26.90%-15.8pp

-15.16%+26.2pp

73.15%-62.1pp

Employer contribution / active EE

$448

$709-36.8%

$1,219-63.2%

$2,343-80.9%

Participant deferral / active EE

$676

$1,220-44.6%

$1,804-62.5%

$3,332-79.7%

Admin fee / account holder

$343

$2,302-85.1%

$2,320-85.2%

$4,645-92.6%

Provider

Service type

Compensation

COUNTRY TRUST BANK3+ years

Service code 15

1705 N TOWANDA AVE · BLOOMINGTON, IL 61702

Recordkeeping

$13,023

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH & MGMT COMPANY

Service code 52

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Indirect Investment Fees

FEDERATED3+ years

Filed as: FEDERATED INVESTORS, INC.

Service code 52

1001 LIBERTY AVE · PITTSBURGH, PA 152223779

Indirect Investment Fees

JP MORGAN INVESTMENT MANAGEMENT INC3+ years

Filed as: J.P. MORGAN INVESTMENT MANAGEMENT

Service code 52

Indirect Investment Fees

JP MORGAN INVESTMENT MANAGEMENT INC1 year

Service code 52

345 PARK AVE · NEW YORK, NY 10017

Indirect Investment Fees

T ROWE PRICE RPS INC3+ years

Filed as: T. ROWE PRICE ASSOCIATES, INC.

Service code 52

100 EAST PRATT STREET · BALTIMORE, MD 21202

Indirect Investment Fees

THE VANGUARD GROUP, INC.3+ years

Service code 52

PO BOX 2900 · VALLEY FORGE, PA 194822900

Indirect Investment Fees

MCDONALD'S OF BLOOMINGTON-NORMAL 401(K) SAVINGS PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MCDONALD'S OF BLOOMINGTON-NORMAL 401(K) SAVINGS PLAN & 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