Retirement plan

GRAND PIANO AND FURNITURE CO AND AFFILITES RETIREMENT SAVINGS AND PROFIT SHARING PLAN

Name: GRAND PIANO & FURNITURE COMPANY - GRAND PIANO AND FURNITURE CO AND AFFILITES RETIREMENT SAVINGS AND PROFIT SHARING PLAN (2016) Form 5500
Creator: GRAND PIANO & FURNITURE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GRAND PIANO AND FURNITURE CO AND AFFILITES RETIREMENT SAVINGS AND PROFIT SHARING PLAN, GRAND PIANO & FURNITURE COMPANY

GRAND PIANO & FURNITURE COMPANYEIN 54-0462688Plan #001PY 2016

4235 ELECTRIC ROAD, SW - ROANOKE, VA 24018540-776-7000grandhomefurnishings.comLinkedIn201-500 employeesretail

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$21.3M

+7.4% from 2015

Total participants

532

+3.7% from 2015

Average account balance

$43,912

+3.6% from 2015

Annual return

7.78%

+9.00 pp from 2015

Benchmarks

See 1,184 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,184 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.74M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

487

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.

90.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.15M

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

+12.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$238

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

1 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 codes2E2G2J

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$71K

$160 / participant

Contract admin$71K100.0%

% of EOY assets

0.335%

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: J.A. JOHNSON & CO., P.C.
Auditor EIN: 582019316
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,912

$37,044+18.5%

$71,796-38.8%

$57,658-23.8%

Participation rate

89.2%

61.1%+28.1pp

69.1%+20.1pp

70.2%+19.0pp

Annual return

7.78%

12.64%-4.9pp

78.04%-70.3pp

5.13%+2.6pp

Employer contribution / active EE

$720-100.0%

$1,924-100.0%

$1,974-100.0%

Participant deferral / active EE

$2,269

$1,974+14.9%

$2,794-18.8%

$3,061-25.9%

Admin fee / account holder

$147

$101+45.8%

$4,815-96.9%

$95+55.7%

GRAND PIANO AND FURNITURE CO AND AFFILITES RETIREMENT SAVINGS AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GRAND PIANO AND FURNITURE CO AND AFFILITES RETIREMENT SAVINGS AND 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