Retirement plan

LELAND LITTLE AUCTIONS, LTD 401(K) PROFIT SHARING PLAN

Name: LELAND LITTLE AUCTIONS, LTD - LELAND LITTLE AUCTIONS, LTD 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: LELAND LITTLE AUCTIONS, LTD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LELAND LITTLE AUCTIONS, LTD 401(K) PROFIT SHARING PLAN, LELAND LITTLE AUCTIONS, LTD

LELAND LITTLE AUCTIONS, LTDEIN 56-2201216Plan #001PY 2020

620 CORNERSTONE CT. - HILLSBOROUGH, NC 27278919-644-1243lelandlittle.comLinkedIn11-50 employeesfine art

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.4M

+27.3% from 2019

Total participants

+7.1% from 2019

Average account balance

$46,657

+22.9% from 2019

Annual return

24.85%

-0.30 pp from 2019

Benchmarks

See 2,022 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort2,022 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.82M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$284K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+20.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8213

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 codes2E2F2J2T3D

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).
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$155K

$5518 / participant

Other / not subdivided$155K100.0%

% of EOY assets

11.419%

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

$46,657

$63,861-26.9%

$104,639-55.4%

$79,856-41.6%

Participation rate

96.4%

64.9%+31.5pp

74.1%+22.4pp

69.6%+26.8pp

Annual return

24.85%

21.30%+3.5pp

340.67%-315.8pp

31.71%-6.9pp

Employer contribution / active EE

$2,001

$1,588+26.0%

$2,682-25.4%

$2,471-19.0%

Participant deferral / active EE

$4,429

$2,693+64.4%

$3,738+18.5%

$3,741+18.4%

Admin fee / account holder

$5,328

$4,185+27.3%

$6,465-17.6%

$5,306+0.4%

LELAND LITTLE AUCTIONS, LTD 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LELAND LITTLE AUCTIONS, LTD 401(K) 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