Retirement plan

CRUTCHFIELD CORPORATION PROFIT SHARING PLAN

Name: CRUTCHFIELD CORPORATION - CRUTCHFIELD CORPORATION PROFIT SHARING PLAN (2016) Form 5500
Creator: CRUTCHFIELD CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CRUTCHFIELD CORPORATION PROFIT SHARING PLAN, CRUTCHFIELD CORPORATION

CRUTCHFIELD CORPORATIONEIN 54-0960335Plan #001PY 2016

1 CRUTCHFIELD PARK - CHARLOTTESVILLE, VA 22911434-817-1000crutchfield.comLinkedIn501-1000 employeesconsumer electronics

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$35.6M

+6.7% from 2015

Total participants

624

+4.0% from 2015

Average account balance

$61,112

+5.6% from 2015

Annual return

6.76%

+7.03 pp from 2015

Benchmarks

See 263 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort263 peers

Snapshot2016

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$81.43M

Not enough data

1 years with asset history on file

Average account balance

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

$117K

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.

694

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.

97.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.37M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.50%

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

1 years with F_SCH_H allocation on file

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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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 codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$35K

$71 / participant

Contract admin$35K100.0%

% of EOY assets

0.098%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: THOMAS HANCHER & COMPANY
Auditor EIN: 541210632
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$61,112

$57,103+7.0%

$87,507-30.2%

$57,658+6.0%

Participation rate

91.5%

64.3%+27.2pp

73.8%+17.7pp

70.2%+21.3pp

Annual return

6.76%

12.71%-6.0pp

12.21%-5.5pp

5.13%+1.6pp

Employer contribution / active EE

$1,453

$1,107+31.3%

$2,550-43.0%

$1,974-26.4%

Participant deferral / active EE

$2,520

$2,250+12.0%

$3,149-20.0%

$3,061-17.7%

Admin fee / account holder

$60

$281-78.6%

$4,221-98.6%

$95-36.3%

CRUTCHFIELD CORPORATION PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CRUTCHFIELD CORPORATION 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