Retirement plan

L.C. SMITH, INCORPORATED EMPLOYEE STOCK OWNERSHIP PLAN

Name: L.C. SMITH, INCORPORATED - L.C. SMITH, INCORPORATED EMPLOYEE STOCK OWNERSHIP PLAN (2018) 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 2018

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

Other plans on this EIN

2 filings

#001Retirement-$3.8M assets #002Retirement-$405K assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$408K

-25.8% from 2017

Total participants

0.0% from 2017

Average account balance

$22,669

-25.8% from 2017

Annual return

-39.43%

-30.92 pp from 2017

Benchmarks

See 8,254 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,254 peers

Snapshot2018

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

$56K

$6969 / participant

Other / not subdivided$56K100.0%

% of EOY assets

13.664%

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

$22,669

$99,032-77.1%

$80,022-71.7%

$135,380-83.3%

Participation rate

100.0%

78.4%+21.6pp

75.8%+24.2pp

82.6%+17.4pp

Annual return

-39.43%

15.39%-54.8pp

11.22%-50.7pp

519.81%-559.2pp

Employer contribution / active EE

$14,993

$3,043+392.6%

$2,468+507.5%

$4,779+213.7%

Participant deferral / active EE

$4,282-100.0%

$3,686-100.0%

$5,609-100.0%

Admin fee / account holder

$3,097

$10,436-70.3%

$6,521-52.5%

$10,828-71.4%

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