Retirement plan

GFI PROFIT SHARING PLAN 4005 STUART ANDREW BLVD CHARLOTTE

Name: GILBERT FOODSERVICE, INC GILBERT MOORE, PRESIDENT - GFI PROFIT SHARING PLAN 4005 STUART ANDREW BLVD CHARLOTTE (2016) Form 5500
Creator: GILBERT FOODSERVICE, INC GILBERT MOORE, PRESIDENT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GFI PROFIT SHARING PLAN 4005 STUART ANDREW BLVD CHARLOTTE, GILBERT FOODSERVICE, INC GILBERT MOORE, PRESIDENT

GILBERT FOODSERVICE, INC GILBERT MOORE, PRESIDENTEIN 46-1947067Plan #001PY 2016

4005 STUART ANDREW BLVD - CHARLOTTE, NC 28217704-529-1800

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.2M

No prior year

Total participants

No prior year

Average account balance

$95,084

No prior year

Annual return

9.83%

No prior year

Benchmarks

See 22,114 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,114 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.05M

Not enough data

1 years with asset history on file

Average account balance

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

$147K

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.

113.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$546K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+17.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3887

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 codes2J3D

Plan features

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

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

$160K

$7271 / participant

Other / not subdivided$160K100.0%

% of EOY assets

7.314%

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

$95,084

$131,829-27.9%

$108,579-12.4%

$273,968-65.3%

Participation rate

100.0%

83.5%+16.5pp

79.6%+20.4pp

83.0%+17.0pp

Annual return

9.83%

-91.57%+101.4pp

-51.70%+61.5pp

41.45%-31.6pp

Employer contribution / active EE

$2,276

$4,912-53.7%

$3,758-39.4%

$4,869-53.3%

Participant deferral / active EE

$3,973

$5,127-22.5%

$4,311-7.8%

$5,287-24.8%

Admin fee / account holder

$6,955

$10,252-32.2%

$7,645-9.0%

$10,132-31.4%

GFI PROFIT SHARING PLAN 4005 STUART ANDREW BLVD CHARLOTTE

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GFI PROFIT SHARING PLAN 4005 STUART ANDREW BLVD CHARLOTTE

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