Retirement plan

AMERICAN HARDWARE SUPPLY OF KENT ISLAND, INC. PROFIT SHARING PLAN

Name: AMERICAN HARDWARE SUPPLY OF KENT ISLAND, INC. - AMERICAN HARDWARE SUPPLY OF KENT ISLAND, INC. PROFIT SHARING PLAN (2023) Form 5500
Creator: AMERICAN HARDWARE SUPPLY OF KENT ISLAND, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN HARDWARE SUPPLY OF KENT ISLAND, INC. PROFIT SHARING PLAN, AMERICAN HARDWARE SUPPLY OF KENT ISLAND, INC.

AMERICAN HARDWARE SUPPLY OF KENT ISLAND, INC.EIN 52-1221206Plan #002PY 2023

26 KENT TOWN MARKET - CHESTER, MD 216192632410-643-3500

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.2M

+16.2% from 2022

Total participants

+6.3% from 2022

Average account balance

$127,624

+9.4% from 2022

Annual return

19.55%

+38.49 pp from 2022

Benchmarks

See 22,163 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,163 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.37M

Not enough data

1 years with asset history on file

Average account balance

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

$158K

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.

187.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$27K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8192

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 codes2E3D

Plan features

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

1 tripped

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

$117K

$12959 / participant

Other / not subdivided$117K100.0%

% of EOY assets

5.376%

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

$127,624

$102,663+24.3%

$86,216+48.0%

$139,466-8.5%

Participation rate

100.0%

74.5%+25.5pp

69.0%+31.0pp

80.3%+19.7pp

Annual return

19.55%

1924.52%-1905.0pp

1169.42%-1149.9pp

373.66%-354.1pp

Employer contribution / active EE

$4,139

$3,035+36.4%

$2,382+73.8%

$4,754-12.9%

Participant deferral / active EE

$4,677-100.0%

$3,986-100.0%

$6,712-100.0%

Admin fee / account holder

$6,861

$8,663-20.8%

$6,853+0.1%

$11,409-39.9%

AMERICAN HARDWARE SUPPLY OF KENT ISLAND, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN HARDWARE SUPPLY OF KENT ISLAND, INC. 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