Retirement plan

LE CREUSET OF AMERICA, INC. 401(K) SAVINGS PLAN

Name: LE CREUSET OF AMERICA, INC. - LE CREUSET OF AMERICA, INC. 401(K) SAVINGS PLAN (2019) Form 5500
Creator: LE CREUSET OF AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LE CREUSET OF AMERICA, INC. 401(K) SAVINGS PLAN, LE CREUSET OF AMERICA, INC.

LE CREUSET OF AMERICA, INC.EIN 57-0649852Plan #002PY 2019

114 BOB GIFFORD BLVD. - EARLY BRANCH, SC 29916803-943-4308LinkedIn1-10 employeesmachinery

Prospect flagsLow assets / participantCorrective distributions

Top hat statement on fileNQDC

Filed April 23, 2014

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$15.8M

+21.8% from 2018

Total participants

705

+16.7% from 2018

Average account balance

$28,367

+0.6% from 2018

Annual return

23.01%

+25.49 pp from 2018

Benchmarks

See 1,313 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,313 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.17M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

1,092

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.

90.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.38M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$132

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

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Service providers

Top 7 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE4 years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$21,424
FIRST PARTY ADMINISTRATOR, LLC4 years Service code 13 · EIN 46-2023154 25431 FRIENDSHIP RD UNIT D · DAPHNE, AL 36526	Contract Administrator	$20,811
MERRILL LYNCH PIERCE FENNER & SMITH1 year Service code 27 4800 DEER LAKE DR E FL 1 · JACKSONVILLE, FL 322466484	Advisory (Plan)	$7,028
MY BENEFITS, LLC4 years Filed as: MY BENEFITS LLC Service code 99 · EIN 45-2098380 25431 FRIENDSHIP RD UNIT D · DAPHNE, AL 36526	Other Fees	$5,496
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: ADVISED ASSETS GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$3,506
MERRILL LYNCH PIERCE FENNER & SMITH4 years Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 55	Other Commissions	$768
MERRILL LYNCH PIERCE FENNER & SMITH4 years Filed as: MERRILL LYNCH LIFE AGENCY INC. Service code 55 1215 4TH AVENUE 26TH FLOOR · SEATTLE, WA 98161	Other Commissions	$0

Plan features & details

Pension benefit codes2E2J2K2F2G2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$33K

$56 / participant

Contract admin$33K100.0%

% of EOY assets

0.206%

all-in expense ratio

Categories reported

1 / 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: BAUKNIGHT PIETRAS & STORMER, P.A.
Auditor EIN: 570940019
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,367

$69,159-59.0%

$125,195-77.3%

$67,582-58.0%

Participation rate

74.4%

78.2%-3.9pp

79.8%-5.4pp

71.3%+3.1pp

Annual return

23.01%

27.12%-4.1pp

43.79%-20.8pp

378.57%-355.6pp

Employer contribution / active EE

$802

$2,023-60.4%

$3,866-79.3%

$2,148-62.7%

Participant deferral / active EE

$2,571

$3,700-30.5%

$4,937-47.9%

$3,539-27.4%

Admin fee / account holder

$58

$142-58.8%

$9,704-99.4%

$142-59.0%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE4 years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$21,424

FIRST PARTY ADMINISTRATOR, LLC4 years

Service code 13 · EIN 46-2023154

25431 FRIENDSHIP RD UNIT D · DAPHNE, AL 36526

Contract Administrator

$20,811

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Service code 27

4800 DEER LAKE DR E FL 1 · JACKSONVILLE, FL 322466484

Advisory (Plan)

$7,028

MY BENEFITS, LLC4 years

Filed as: MY BENEFITS LLC

Service code 99 · EIN 45-2098380

25431 FRIENDSHIP RD UNIT D · DAPHNE, AL 36526

Other Fees

$5,496

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: ADVISED ASSETS GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$3,506

MERRILL LYNCH PIERCE FENNER & SMITH4 years

Filed as: MERRILL LYNCH LIFE AGENCY INC

Service code 55

Other Commissions

$768

MERRILL LYNCH PIERCE FENNER & SMITH4 years

Filed as: MERRILL LYNCH LIFE AGENCY INC.

Service code 55

1215 4TH AVENUE 26TH FLOOR · SEATTLE, WA 98161

Other Commissions

LE CREUSET OF AMERICA, INC. 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LE CREUSET OF AMERICA, INC. 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

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