Retirement plan

CENTURY DISTRIBUTORS, INC. RG PROFIT SHARING PLAN

Name: CENTURY DISTRIBUTORS, INC. - CENTURY DISTRIBUTORS, INC. RG PROFIT SHARING PLAN (2019) Form 5500
Creator: CENTURY DISTRIBUTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTURY DISTRIBUTORS, INC. RG PROFIT SHARING PLAN, CENTURY DISTRIBUTORS, INC.

CENTURY DISTRIBUTORS, INC.EIN 52-1046340Plan #001PY 2019

15710 CRABBS BRANCH WAY - ROCKVILLE, MD 20855301-212-9100centurydist.comLinkedIn1-10 employeeswholesale

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$12.9M

+5.5% from 2018

Total participants

195

-9.7% from 2018

Average account balance

$66,022

+16.3% from 2018

Annual return

5.51%

+7.02 pp from 2018

Benchmarks

See 2,363 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,363 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 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

-100.00%

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

Top 3 by compensation

Provider	Service type	Compensation
THE SCHERER GROUP4+ years Service code 28 · EIN 13-2919773 12505 PK POTOMAC AVE, SUITE 200 · POTOMAC, MD 20854	Investment Management	$82,991
FRED S. SHAPIRO & ASSOCIATES, INC.4+ years Service code 13 11408 CRONRIDGE DRIVE, SUITE I · OWINGS MILLS, MD 21117	Contract Administrator	$14,387
TETI & CARSWELL4+ years Service code 10 451 HUNGERFORD DRIVE, SUITE 735 · ROCKVILLE, MD 20850	Accounting	$7,450

Plan features & details

Pension benefit codes2A2E3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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

$105K

$642 / participant

Investment mgmt$83K78.8%
Contract admin$15K14.1%
Other / not subdivided$7K7.1%

% of EOY assets

0.818%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: E. COHEN & COMPANY, CPAS
Auditor EIN: 521754364
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$66,022

$86,341-23.5%

$125,192-47.3%

$65,185+1.3%

Participation rate

100.0%

75.3%+24.7pp

79.8%+20.2pp

70.2%+29.8pp

Annual return

5.51%

27.44%-21.9pp

43.79%-38.3pp

29.38%-23.9pp

Employer contribution / active EE

$3,049

$2,040+49.5%

$3,866-21.1%

$2,177+40.1%

Participant deferral / active EE

$3,538-100.0%

$4,937-100.0%

$3,514-100.0%

Admin fee / account holder

$540

$609-11.4%

$9,704-94.4%

$847-36.3%

Provider

Service type

Compensation

THE SCHERER GROUP4+ years

Service code 28 · EIN 13-2919773

12505 PK POTOMAC AVE, SUITE 200 · POTOMAC, MD 20854

Investment Management

$82,991

FRED S. SHAPIRO & ASSOCIATES, INC.4+ years

Service code 13

11408 CRONRIDGE DRIVE, SUITE I · OWINGS MILLS, MD 21117

Contract Administrator

$14,387

TETI & CARSWELL4+ years

Service code 10

451 HUNGERFORD DRIVE, SUITE 735 · ROCKVILLE, MD 20850

Accounting

$7,450

CENTURY DISTRIBUTORS, INC. RG PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTURY DISTRIBUTORS, INC. RG 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