Retirement plan

EMPLOYEES' RETIREMENT PLAN OF SCHEWEL FURNITURE COMPANY, INC.

Name: SCHEWEL FURNITURE COMPANY, INC. - EMPLOYEES' RETIREMENT PLAN OF SCHEWEL FURNITURE COMPANY, INC. (2018) Form 5500
Creator: SCHEWEL FURNITURE COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEES' RETIREMENT PLAN OF SCHEWEL FURNITURE COMPANY, INC., SCHEWEL FURNITURE COMPANY, INC.

SCHEWEL FURNITURE COMPANY, INC.EIN 54-0372170Plan #001PY 2018

1031 MAIN STREET - LYNCHBURG, VA 24505434-522-0200

Other plans on this EIN

1 filing

#002Retirement-$8.7M assets

Prospect flagsHigh cash

How to read this page

Total assets (EOY)

$62K

-99.8% from 2017

Total participants

-100.0% from 2017

Average account balance

No prior year

Annual return

0.78%

-3.45 pp from 2017

Benchmarks

See 993 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined benefit

Participants<25

Cohort993 peers

Snapshot2018

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
MCGRIFF INSURANCE SERVICES1 year Filed as: MCGRIFF INSURANCE SERVICES, INC. Service code 11 · EIN 56-1623293	Actuarial	$144,562
INSTITUTIONAL INVESTMENT CONSULTING2 years Filed as: BB&T INSTITUTIONAL INVESTMENT ADVIS Service code 27 · EIN 57-0956597	Advisory (Plan)	$41,596
BB&T2 years Service code 21 · EIN 56-1074313	Bank Trustee	$15,558

Plan features & details

Pension benefit codes1A1C1I

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
1I
Frozen plan
As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.

Opportunity flags

1 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$239K

Investment mgmt$42K17.4%
Other / not subdivided$198K82.6%

% of EOY assets

384.960%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: DAVIDSON, DOYLE & HILTON, LLP
Auditor EIN: 541953476
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$192,869-100.0%

$233,076-100.0%

Participation rate

0.0%

59.0%-59.0pp

36.2%-36.2pp

46.4%-46.4pp

Annual return

0.78%

-0.47%+1.3pp

-0.77%+1.5pp

-82.67%+83.4pp

Employer contribution / active EE

$34,803-100.0%

$29,514-100.0%

$43,771-100.0%

Participant deferral / active EE

$37-100.0%

$36-100.0%

$103-100.0%

Admin fee / account holder

$42,257-100.0%

$11,204-100.0%

Provider

Service type

Compensation

MCGRIFF INSURANCE SERVICES1 year

Filed as: MCGRIFF INSURANCE SERVICES, INC.

Service code 11 · EIN 56-1623293

Actuarial

$144,562

INSTITUTIONAL INVESTMENT CONSULTING2 years

Filed as: BB&T INSTITUTIONAL INVESTMENT ADVIS

Service code 27 · EIN 57-0956597

Advisory (Plan)

$41,596

BB&T2 years

Service code 21 · EIN 56-1074313

Bank Trustee

$15,558

EMPLOYEES' RETIREMENT PLAN OF SCHEWEL FURNITURE COMPANY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEES' RETIREMENT PLAN OF SCHEWEL FURNITURE COMPANY, INC.

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