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 (2017) 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 2017

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

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$23.2M

+8.9% from 2016

Total participants

545

+2.4% from 2016

Average account balance

$45,755

+4.2% from 2016

Annual return

11.80%

+4.02 pp from 2016

Benchmarks

See 1,218 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,218 peers

Snapshot2017

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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$81K

$185 / participant

Investment mgmt$3K3.9%
Other / not subdivided$78K96.1%

% of EOY assets

0.350%

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

$45,755

$48,064-4.8%

$78,778-41.9%

$69,631-34.3%

Participation rate

91.1%

61.6%+29.5pp

69.2%+21.9pp

70.7%+20.4pp

Annual return

11.80%

21.81%-10.0pp

35.62%-23.8pp

27571.02%-27559.2pp

Employer contribution / active EE

$744-100.0%

$1,986-100.0%

$2,032-100.0%

Participant deferral / active EE

$2,265

$2,079+9.0%

$2,958-23.4%

$3,224-29.7%

Admin fee / account holder

$160

$152+5.3%

$5,134-96.9%

$110+44.9%

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