Retirement plan

CENTURY DISTRIBUTORS, INC. RATE GROUP PROFIT SHARING PLAN AND TRUST

Name: CENTURY DISTRIBUTORS, INC. - CENTURY DISTRIBUTORS, INC. RATE GROUP PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: CENTURY DISTRIBUTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTURY DISTRIBUTORS, INC. RATE GROUP PROFIT SHARING PLAN AND TRUST, CENTURY DISTRIBUTORS, INC.

CENTURY DISTRIBUTORS, INC.EIN 52-1046340Plan #001PY 2020

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

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$12.4M

-3.5% from 2019

Total participants

230

+17.9% from 2019

Average account balance

$54,004

-18.2% from 2019

Annual return

-1.11%

-6.62 pp from 2019

Benchmarks

See 2,271 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,271 peers

Snapshot2020

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
THE SCHERER GROUP5+ years Service code 28 · EIN 13-2919773	Investment Management	$72,339
FRED S. SHAPIRO & ASSOCIATES, INC.5+ years Service code 13 11408 CRONRIDGE DRIVE, SUITE I · OWINGS MILLS, MD 21117	Contract Administrator	$8,138
TETI & CARSWELL1 year Filed as: TETI& CARSWELL Service code 10 451 HUNGERFORD DRIVE · ROCKVILLE, MD 20850	Accounting	$7,950
THE RETIREMENT ADVANTAGE INC1 year Filed as: THE RETIREMENT ADVANTAGE INC. Service code 13 · EIN 39-1816008	Contract Administrator	$2,525

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

$91K

$623 / participant

Investment mgmt$72K79.5%
Contract admin$19K20.5%

% of EOY assets

0.732%

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

$54,004

$81,474-33.7%

$133,971-59.7%

$73,493-26.5%

Participation rate

100.0%

76.4%+23.6pp

79.8%+20.2pp

70.7%+29.3pp

Annual return

-1.11%

19.40%-20.5pp

45.09%-46.2pp

28.51%-29.6pp

Employer contribution / active EE

$2,055

$2,209-7.0%

$3,919-47.6%

$2,270-9.5%

Participant deferral / active EE

$3,786-100.0%

$5,047-100.0%

$3,740-100.0%

Admin fee / account holder

$395

$713-44.5%

$8,929-95.6%

$513-22.9%

Provider

Service type

Compensation

THE SCHERER GROUP5+ years

Service code 28 · EIN 13-2919773

Investment Management

$72,339

FRED S. SHAPIRO & ASSOCIATES, INC.5+ years

Service code 13

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

Contract Administrator

$8,138

TETI & CARSWELL1 year

Filed as: TETI& CARSWELL

Service code 10

451 HUNGERFORD DRIVE · ROCKVILLE, MD 20850

Accounting

$7,950

THE RETIREMENT ADVANTAGE INC1 year

Filed as: THE RETIREMENT ADVANTAGE INC.

Service code 13 · EIN 39-1816008

Contract Administrator

$2,525

CENTURY DISTRIBUTORS, INC. RATE GROUP PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTURY DISTRIBUTORS, INC. RATE GROUP PROFIT SHARING PLAN AND TRUST

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