Retirement plan

EATON YOUNG GALLERIES 401(K) PROFIT SHARING PLAN

Name: EATON YOUNG GALLERIES - EATON YOUNG GALLERIES 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: EATON YOUNG GALLERIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EATON YOUNG GALLERIES 401(K) PROFIT SHARING PLAN, EATON YOUNG GALLERIES

EATON YOUNG GALLERIESEIN 52-1094744Plan #001PY 2020

13600 WINCHESTER ROAD, SW - CUMBERLAND, MD 21502301-729-3500eatonyoung.comLinkedIn11-50 employeesfurniture

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1M

-35.5% from 2019

Total participants

+8.3% from 2019

Average account balance

$95,348

-47.3% from 2019

Annual return

3.79%

-13.72 pp from 2019

Benchmarks

See 18,875 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,875 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.86M

Not enough data

1 years with asset history on file

Average account balance

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

$143K

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.

76.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$155K

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

+13.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1581

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 codes2E2J2G

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.

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

$784K

$65323 / participant

Other / not subdivided$784K100.0%

% of EOY assets

74.738%

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

$95,348

$112,915-15.6%

$90,965+4.8%

$158,950-40.0%

Participation rate

83.3%

74.7%+8.6pp

69.0%+14.3pp

82.0%+1.4pp

Annual return

3.79%

215.75%-212.0pp

134.57%-130.8pp

302.91%-299.1pp

Employer contribution / active EE

$6,667

$2,894+130.4%

$2,122+214.1%

$4,762+40.0%

Participant deferral / active EE

$4,664

$4,128+13.0%

$3,373+38.3%

$5,983-22.1%

Admin fee / account holder

$71,262

$8,044+785.9%

$5,960+1095.7%

$11,248+533.5%

EATON YOUNG GALLERIES 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EATON YOUNG GALLERIES 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