Retirement plan

PLANTATION PRESTIGE COMMERCIAL FURNITURE 401K PLAN

Name: PLANTATION PRESTIGE COMMERCIAL FURNITURE LLC - PLANTATION PRESTIGE COMMERCIAL FURNITURE 401K PLAN (2024) Form 5500
Creator: PLANTATION PRESTIGE COMMERCIAL FURNITURE LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLANTATION PRESTIGE COMMERCIAL FURNITURE 401K PLAN, PLANTATION PRESTIGE COMMERCIAL FURNITURE LLC

PLANTATION PRESTIGE COMMERCIAL FURNITURE LLCEIN 45-5228007Plan #001PY 2024

800 CORPORATE PARKWAY SUITE 108 - BIRMINGHAM, AL 35242205-593-4978LinkedIn1-10 employeesconsumer goods

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$206K

+129.3% from 2023

Total participants

+12.5% from 2023

Average account balance

No prior year

Annual return

14.93%

+14.93 pp from 2023

Benchmarks

See 23,915 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,915 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$405K

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$143K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+27.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2J2F2G3D

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).

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

$166,089-100.0%

$164,928-100.0%

$145,978-100.0%

Participation rate

0.0%

82.0%-82.0pp

78.6%-78.6pp

80.3%-80.3pp

Annual return

14.93%

100.26%-85.3pp

70.08%-55.1pp

550.52%-535.6pp

Employer contribution / active EE

$2,050

$5,276-61.1%

$4,343-52.8%

$4,662-56.0%

Participant deferral / active EE

$9,348

$6,961+34.3%

$6,034+54.9%

$6,690+39.7%

Admin fee / account holder

$16,641-100.0%

$12,684-100.0%

$13,400-100.0%

PLANTATION PRESTIGE COMMERCIAL FURNITURE 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

PLANTATION PRESTIGE COMMERCIAL FURNITURE 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion