Retirement plan

LAKESHORE OUTDOOR SALES 401(K) PLAN

Name: LAKESHORE OUTDOOR SALES - LAKESHORE OUTDOOR SALES 401(K) PLAN (2019) Form 5500
Creator: LAKESHORE OUTDOOR SALES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAKESHORE OUTDOOR SALES 401(K) PLAN, LAKESHORE OUTDOOR SALES

LAKESHORE OUTDOOR SALESEIN 46-4538539Plan #001PY 2019

1144 W. LAKE ST., STE 301 - OAK PARK, IL 60301708-948-7537LinkedIn11-50 employeesapparel & fashion

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$247K

-41.7% from 2018

Total participants

-63.6% from 2018

Average account balance

$61,745

-12.6% from 2018

Annual return

20.49%

+30.12 pp from 2018

Benchmarks

See 22,309 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,309 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$593

Not enough data

1 years with asset history on file

Average account balance

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

$593

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

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+2.60%

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

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

$290K

Other / not subdivided$290K100.0%

% of EOY assets

117.217%

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

$61,745

$152,592-59.5%

$125,180-50.7%

$152,885-59.6%

Participation rate

0.0%

83.3%-83.3pp

79.8%-79.8pp

82.5%-82.5pp

Annual return

20.49%

54.84%-34.3pp

43.79%-23.3pp

345.39%-324.9pp

Employer contribution / active EE

$4,947-100.0%

$3,866-100.0%

$4,763-100.0%

Participant deferral / active EE

$5,868-100.0%

$4,937-100.0%

$5,851-100.0%

Admin fee / account holder

$72,376

$13,435+438.7%

$9,703+645.9%

$11,598+524.0%

LAKESHORE OUTDOOR SALES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAKESHORE OUTDOOR SALES 401(K) 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