Retirement plan

AFP LOGS AND LUMBER, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: AFP LOGS AND LUMBER, INC. - AFP LOGS AND LUMBER, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2018) Form 5500
Creator: AFP LOGS AND LUMBER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AFP LOGS AND LUMBER, INC. EMPLOYEE STOCK OWNERSHIP PLAN, AFP LOGS AND LUMBER, INC.

AFP LOGS AND LUMBER, INC.EIN 47-4481726Plan #001PY 2018

RURAL ROUTE 10 - BUCKHANNON, WV 26201304-472-2996LinkedIn11-50 employeespaper & forest products

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$1.5M

+593.0% from 2017

Total participants

+10.9% from 2017

Average account balance

$25,105

+522.5% from 2017

Annual return

440.44%

+816.87 pp from 2017

Benchmarks

See 1,775 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort1,775 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.85M

Not enough data

1 years with asset history on file

Average account balance

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

$139K

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

$600K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+40.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2245

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 codes2P2Q3I

Plan features

2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$194K

$5402 / participant

Other / not subdivided$194K100.0%

% of EOY assets

13.129%

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

$25,105

$52,836-52.5%

$105,738-76.3%

$64,173-60.9%

Participation rate

94.4%

66.5%+27.9pp

76.3%+18.1pp

69.6%+24.9pp

Annual return

440.44%

14.30%+426.1pp

6.27%+434.2pp

7.63%+432.8pp

Employer contribution / active EE

$9,057

$1,827+395.7%

$3,268+177.1%

$2,381+280.4%

Participant deferral / active EE

$2,545-100.0%

$4,080-100.0%

$3,470-100.0%

Admin fee / account holder

$3,296

$3,959-16.7%

$6,913-52.3%

$4,887-32.6%

AFP LOGS AND LUMBER, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AFP LOGS AND LUMBER, INC. EMPLOYEE STOCK OWNERSHIP 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