Retirement plan

L.C. SMITH, INCORPORATED EMPLOYEE STOCK OWNERSHIP PLAN

Name: L.C. SMITH, INCORPORATED - L.C. SMITH, INCORPORATED EMPLOYEE STOCK OWNERSHIP PLAN (2017) Form 5500
Creator: L.C. SMITH, INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, L.C. SMITH, INCORPORATED EMPLOYEE STOCK OWNERSHIP PLAN, L.C. SMITH, INCORPORATED

L.C. SMITH, INCORPORATEDEIN 54-0476229Plan #003PY 2017

5920 FARRINGTON AVE. - ALEXANDRIA, VA 22304703-751-5420

Other plans on this EIN

2 filings

#001Retirement-$4.2M assets #002Retirement-$369K assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$550K

+14.1% from 2016

Total participants

-10.0% from 2016

Average account balance

$30,555

+26.8% from 2016

Annual return

-8.51%

+15.31 pp from 2016

Benchmarks

See 8,098 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,098 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$914K

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

57.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$85K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+17.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9953

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 codes2P2Q3I2I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

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

$23K

$2578 / participant

Other / not subdivided$23K100.0%

% of EOY assets

4.219%

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

$30,555

$104,251-70.7%

$91,004-66.4%

$147,586-79.3%

Participation rate

100.0%

78.2%+21.8pp

75.6%+24.4pp

82.8%+17.2pp

Annual return

-8.51%

27.06%-35.6pp

4.60%-13.1pp

578.59%-587.1pp

Employer contribution / active EE

$13,253

$3,116+325.4%

$2,456+439.7%

$4,876+171.8%

Participant deferral / active EE

$4,195-100.0%

$3,548-100.0%

$5,439-100.0%

Admin fee / account holder

$1,289

$8,948-85.6%

$5,417-76.2%

$10,886-88.2%

L.C. SMITH, INCORPORATED EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

L.C. SMITH, INCORPORATED EMPLOYEE STOCK OWNERSHIP 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