Retirement plan

T.G. ADAMS & SONS, INC. 401(K) PROFIT SHARING PLAN

Name: T.G. ADAMS & SONS, INC. - T.G. ADAMS & SONS, INC. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: T.G. ADAMS & SONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, T.G. ADAMS & SONS, INC. 401(K) PROFIT SHARING PLAN, T.G. ADAMS & SONS, INC.

T.G. ADAMS & SONS, INC.EIN 51-0106782Plan #002PY 2017

P.O. BOX 367, RAILROAD AVE. - BRIDGEVILLE, DE 19933302-337-8281LinkedIn11-50 employeesfarming

Prospect flagsHigh feesLow participationLow participant contribution

How to read this page

Total assets (EOY)

$497K

+19.1% from 2016

Total participants

+14.3% from 2016

Average account balance

$55,177

-7.3% from 2016

Annual return

15.91%

+9.62 pp from 2016

Benchmarks

See 22,202 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,202 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.14M

Not enough data

1 years with asset history on file

Average account balance

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

$95K

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.

92.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$71K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.62%

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$21K

$1321 / participant

Other / not subdivided$21K100.0%

% of EOY assets

4.257%

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

$55,177

$144,130-61.7%

$117,861-53.2%

$147,586-62.6%

Participation rate

56.3%

83.4%-27.2pp

79.7%-23.4pp

82.8%-26.6pp

Annual return

15.91%

531.20%-515.3pp

335.11%-319.2pp

578.59%-562.7pp

Employer contribution / active EE

$880

$4,897-82.0%

$3,786-76.8%

$4,876-82.0%

Participant deferral / active EE

$1,284

$5,316-75.9%

$4,482-71.4%

$5,439-76.4%

Admin fee / account holder

$2,349

$10,887-78.4%

$8,021-70.7%

$10,886-78.4%

T.G. ADAMS & SONS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

T.G. ADAMS & SONS, INC. 401(K) PROFIT SHARING 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