Retirement plan

EMPLOYEE BENEFIT PLAN OF LC CORPORATE, LLC

Name: LC CORPORATE, LLC - EMPLOYEE BENEFIT PLAN OF LC CORPORATE, LLC (2019) Form 5500
Creator: LC CORPORATE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF LC CORPORATE, LLC, LC CORPORATE, LLC

LC CORPORATE, LLCEIN 46-3264681Plan #001PY 2019

12977 N 40 DR STE 100 - SAINT LOUIS, MO 631418654314-821-8665

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$2.4M

+22.3% from 2018

Total participants

100

-4.8% from 2018

Average account balance

$24,976

+29.8% from 2018

Annual return

16.01%

+21.39 pp from 2018

Benchmarks

See 3,418 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort3,418 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.72M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

29.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$129K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$590

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

+8.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12400

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 codes2F2G2T3D

Plan features

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.
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

2 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.

Expense breakdown

Schedule H Part II

Admin total

$65K

$858 / participant

Other / not subdivided$65K100.0%

% of EOY assets

2.692%

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

$24,976

$34,316-27.2%

$74,722-66.6%

$72,975-65.8%

Participation rate

96.1%

42.4%+53.6pp

54.5%+41.6pp

69.5%+26.6pp

Annual return

16.01%

26.58%-10.6pp

753.11%-737.1pp

81.01%-65.0pp

Employer contribution / active EE

$635

$692-8.2%

$1,084-41.4%

$2,440-74.0%

Participant deferral / active EE

$1,524

$1,272+19.8%

$1,963-22.4%

$3,608-57.8%

Admin fee / account holder

$672

$2,125-68.4%

$3,335-79.8%

$5,124-86.9%

EMPLOYEE BENEFIT PLAN OF LC CORPORATE, LLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF LC CORPORATE, LLC

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