Retirement plan

J. H. FLETCHER & CO. EMPLOYEES' PROFIT SHARING PLAN

Name: J. H. FLETCHER & CO. EMPLOYEES PROFIT SHARING PLAN - J. H. FLETCHER & CO. EMPLOYEES' PROFIT SHARING PLAN (2019) Form 5500
Creator: J. H. FLETCHER & CO. EMPLOYEES PROFIT SHARING PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, J. H. FLETCHER & CO. EMPLOYEES' PROFIT SHARING PLAN, J. H. FLETCHER & CO. EMPLOYEES PROFIT SHARING PLAN

J. H. FLETCHER & CO. EMPLOYEES PROFIT SHARING PLANEIN 55-0455959Plan #001PY 2019

402 HIGH STREET, P.O. BOX 2187 - HUNTINGTON, WV 257222187304-525-7811jhfletcher.comLinkedIn51-200 employeesmachinery

Other plans on this EIN

1 filing

#002Retirement--

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$57.1M

+44.2% from 2018

Total participants

261

+11.5% from 2018

Average account balance

$235,011

+38.9% from 2018

Annual return

42.53%

+45.69 pp from 2018

Benchmarks

See 4,277 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,277 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$62.48M

Not enough data

1 years with asset history on file

Average account balance

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

$187K

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.

334

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.

90.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.76M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+6.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$452

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

Top 3 by compensation

Provider	Service type	Compensation
KESTRA INVESTMENT SERVICES LLC3 years Filed as: KESTRA INVESTMENT SERVICES Service code 51 120 VANTIS SUITE 400 · ALISO VIEJO, CA 92656	Investment Mgmt Fees	$47,350
HESS STEWART & CAMPBELL, PLLC4 years Service code 10 · EIN 55-0657218	Accounting	$14,500
ACTUARIAL BENEFITS & DESIGN COMPANY4 years Filed as: ACTUARIAL BENEFITS & DESIGN CO., IN Service code 15 · EIN 54-1521351	Recordkeeping	$14,159

Plan features & details

Pension benefit codes2E2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$69K

$297 / participant

Investment mgmt$37K53.2%
Contract admin$4K5.3%
Other / not subdivided$29K41.5%

% of EOY assets

0.121%

all-in expense ratio

Categories reported

2 / 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: HESS STEWART & CAMPBELL PLLC
Auditor EIN: 550657218
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$235,011

$65,376+259.5%

$87,104+169.8%

$65,185+260.5%

Participation rate

92.3%

75.3%+16.9pp

76.9%+15.4pp

70.2%+22.1pp

Annual return

42.53%

31.27%+11.3pp

28.19%+14.3pp

29.38%+13.1pp

Employer contribution / active EE

$11,748

$1,822+544.6%

$2,521+365.9%

$2,177+439.7%

Participant deferral / active EE

$667

$3,388-80.3%

$4,048-83.5%

$3,514-81.0%

Admin fee / account holder

$284

$520-45.3%

$7,491-96.2%

$847-66.4%

Provider

Service type

Compensation

KESTRA INVESTMENT SERVICES LLC3 years

Filed as: KESTRA INVESTMENT SERVICES

Service code 51

120 VANTIS SUITE 400 · ALISO VIEJO, CA 92656

Investment Mgmt Fees

$47,350

HESS STEWART & CAMPBELL, PLLC4 years

Service code 10 · EIN 55-0657218

Accounting

$14,500

ACTUARIAL BENEFITS & DESIGN COMPANY4 years

Filed as: ACTUARIAL BENEFITS & DESIGN CO., IN

Service code 15 · EIN 54-1521351

Recordkeeping

$14,159

J. H. FLETCHER & CO. EMPLOYEES' PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

J. H. FLETCHER & CO. EMPLOYEES' 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